Sizing up the Subcontinent The Good... GROWING MARKET: Middle-class consumers number at least 100 million, and the group is growing PROMISING LABOR FORCE: Wages are low, and many workers and midlevel managers are well educated and speak English SURGING STOCKS: Investors are showing their optimism by bidding up local stocks 35% this year ...And the Bad INEFFICIENT BUREAUCRACY: Corruption, red tape, and special interests keep a lid on growth INFRASTRUCTURE: Inadequate roads, harbors, and airports, as well as poor telecommunications, limit export potential POLITICS: Constant changes in government and party strife hold back further economic reform DATA: BUSINESS WEEK Return to main story

Updated July 31, 1997 by bwwebmaster
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