Recruiting mid career managers in developing countries

Another question from Linkedin that asked:

Recruiting of mid career managers in China is heavily influenced by the cultural revolution and the fact that the economy only began to open up in 1979. But what about the other countries in Asia?. What are the particular challenges that people face in recruiting mid career managers in India, Singapore, Japan, Korea etc.

My answer:

In India, the challenge is to find enough middle level managers, as the private sector really took off only after 1991 and there aren't enough middle managers and leaders who can manage the explosive growth we are seeing currently