Indian national flags are being made ahead of the country's independence day on August 15. Industrialisation has great potential in India. Photo: Reuters

Asia's catch-up with the West runs into a growth bottleneck

Dan Steinbock says the real test of the so-called Asian Century will be whether living standards in the region's emerging economies can continue to improve, whatever the GDP numbers

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Indian national flags are being made ahead of the country's independence day on August 15. Industrialisation has great potential in India. Photo: Reuters
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