Morarji Ranchhodji Desai vs Rui Barbosa

Desai was appointed Finance Minister of India, presenting several budgets. He introduced the concept of compulsory deposit scheme and was known for his fiscal conservatism and opposition to deficit financing.

Desai became the 4th Prime Minister of India, leading the Janata Party coalition after the Congress party's defeat in the 1977 general election. He was the first non-Congress Prime Minister of independent India.

Desai's government reversed many authoritarian measures of the Emergency, including restoring press freedom, releasing political prisoners, and repealing the Maintenance of Internal Security Act (MISA).

Desai resigned as Prime Minister after losing a no-confidence motion in the Lok Sabha, following the withdrawal of support by coalition partners. His resignation led to the fall of the Janata Party government.

Rui Barbosa was appointed Minister of Finance in the provisional government of the newly proclaimed Republic of Brazil in 1889. He was tasked with reforming the country's financial system.

As Finance Minister, Barbosa implemented the Encilhamento, a policy of monetary expansion and credit liberalization aimed at stimulating economic growth. The policy led to a speculative bubble, rampant inflation, and a financial crisis in 1891.

Rui Barbosa led the Brazilian delegation to the Second Hague Peace Conference in 1907. He argued for the equality of nations and the principle of arbitration, earning international recognition and the nickname 'Eagle of The Hague'.

Rui Barbosa ran for the presidency of Brazil in 1910 as the candidate of the Civilist Party, opposing the military-backed candidate Hermes da Fonseca. Although he lost, his campaign was a landmark for civilian political participation.