The Myanmar Economy
The Myanmar Economy

Author: Konosuke Odaka

Publisher: Springer

Published: 2015-11-11

Total Pages: 250

ISBN-13: 4431557350

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With motivated human resources and a rich natural bounty, Myanmar is expected to take off with sustained growth and eventually attain a unique welfare state. On the basis of the authors’ field surveys and innumerable dialogues with public officials, private professionals, scholars, and others, in addition to intensive desk studies since around 2000, the present volume lays out the essential ingredients for drawing a roadmap to realise the above-mentioned objective. That goal is, specifically, financial development, adequate social capital, indigenous modern manufactures and closer international tie-ups, among others, but above all, sound agrarian development. An effort has been made to place the required ingredients in their historical contexts, as historical experiences constitute an important sociopolitical condition in which development takes place. Myanmar nationals and readers concerned with the country’s economic progress are encouraged to give serious, sustained thought to coming up with a socially supportable roadmap for the country's development path. The present volume provides valuable hints for that purpose.

Myanmar in Transition
Myanmar in Transition

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2012-08-01

Total Pages: 124

ISBN-13: 9290928131

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Myanmar, which is emerging from decades of isolation, is poised to accelerate its economic growth on the back of its abundant labor force, rich natural resources, and geographical location. But the country faces many development challenges to achieve strong and inclusive growth. To take advantage of its rich potential and endowments, Myanmar can also use its strategic location between the People's Republic of China and India, and act as a conduit between South and Southeast Asia. To sustain its growth momentum in the long run, Myanmar should aim for a growth trajectory that is inclusive, equitable, and environmentally sustainable. This special report assesses the country's strengths and weaknesses and highlights the challenges and risks. The key lies in prioritizing the actions to surmount the challenges and introducing the requisite reforms.

Myanmar’s Foreign Exchange Market
Myanmar’s Foreign Exchange Market

Author: Koji Kubo

Publisher: Springer

Published: 2018-09-27

Total Pages: 138

ISBN-13: 9811317895

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This is the first book dedicated to the scrutinization of Myanmar's unofficial foreign exchange market, its roots in restrictive administrative controls on foreign exchange and international trade, and its effects on the country’s economic performance. This book integrates vast pieces of records and data with first-hand information from extensive fieldwork to create an overall picture of the chaotic but seemingly efficient foreign exchange market in Myanmar, a transitional economy in Southeast Asia whose economic systems had been less known due to its isolation until recently. This book illustrates how the unofficial foreign exchange market emerged during the country’s transition to a market-based economy, how informal currency deals proliferated under restrictive controls, and why they persist despite the significant economic reforms since 2011. Refuting the conventional wisdom of foreign exchange policy reforms, this research clarifies path-dependent features of foreign exchange market systems, and it discusses possible solutions for modernizing economic systems. This book is highly recommended to readers who seek an in-depth analytical narrative about informal economic activities and foreign exchange policy reforms in a fragile state.

Burma's Economy in the Twentieth Century
Burma's Economy in the Twentieth Century

Author: Ian Brown

Publisher: Cambridge University Press

Published: 2013-11-07

Total Pages: 245

ISBN-13: 1107512050

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At the beginning of the twentieth century, Burma was among the most prosperous territories in the East. Yet since gaining independence in 1948, its economy has struggled. Burma's developmental failure has often been attributed to gross mismanagement of the economy by the military who took power in 1962 but in this illuminating book, Ian Brown, one of the leading economic historians of Southeast Asia, provides a fresh examination of the country's economic past, thereby setting that failure in the context of the colonial period. For the first time, a review of Burma's economic experience in the final decades of British rule is integrated with an analysis of its economy since independence, providing a detailed understanding of the complex origins of Burma's economic failure in the second half of the twentieth century. This is a compelling introduction to Burma's political and economic history for students in Southeast Asian history, development studies and political science.