The improvements in most countries have since been breathtaking ... as well as to harness the potential of the existing middle class. Asia’s growth era may be showing some cracks, but the ...

Countries like India ... to be in Southeast Asia and India, underlining the region's importance in global tourism. Asian nations, with their growing middle class and changing consumer preferences ...

Yet elsewhere in Asia, politicians are shy about penalising car ownership because it clashes with growing middle-class aspirations. The car is a potent symbol of status and freedom. Nor do ...

There is no dollar bonanza forthcoming that can cheapen imports and sustain middle class consumption ... ie, a poor country with a very small and relatively better-off white-collar segment.