Manufacturing in India and Indonesia: performance and policies.

Since the global financial crisis of 2008, the world has been riveted by China's rapid growth and its contribution to the global recovery. But less attention has been paid to India and Indonesia – Asia's two other giants – which also displayed resilience during the crisis and show promise of sustaining this performance. Also remarkable are their geographical, historical and cultural proximity; notwithstanding their differences, these two countries are alike in many respects and face similar challenges, as reflected in their emerging policy priorities. China's large size and rapid growth may have absorbed the attention of Indian and Indonesian policy makers, but this paper argues that a comparative approach to the issues that both countries face can yield interesting insights and provide potential solutions to their development challenges. [ABSTRACT FROM AUTHOR]