By doing so, Asia will receive benefits such as inflows of money from the middle-income class into infrastructure projects, which require a significant amount of funding. In other Kharas, H. (2010), "The Emerging Middle Class in Developing Countries," OECD Development Centre Working Paper, No. 285.
BIS Review 15/1998  -3-  The recent acceleration of wages likely has owed in part to the ever-tightening labor market and in part to rising productivity growth, which, through competition, induces firms to grant higher wages. It is difficult at this time, however, to disentangle the relative contributions of these factors.