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Economy (107 found)

Myanmar’s Moment: Unique Opportunities, Major Challenges

Myanmar is a highly unusual but promising prospect for businesses and investors—an underdeveloped economy with many advantages, in the heart of the world’s fastest-growing region. Home to 60 million inhabitants (46 million of working age), this Asian nation has abundant natural resources and is close to a market of half a billion people […]

June 10, 2013  •  By McKinsey Global Institute  •  Tags: , ,  •  Read more ➤

A New Dawn for Equitable Growth in Myanmar?: Making the Private Sector Work for Small-Scale Agriculture

A new wave of political reforms have set Myanmar on a road to unprecedented economic expansion, but without targeted policy efforts and regulation to level the playing field, the benefits of new investment will filter down to only a few, leaving small-scale farmers – the backbone of the Myanmar economy […]

June 5, 2013  •  By Oxfam International  •  Tags: , , ,  •  Read more ➤

Too Much, Too Soon? The Dilemma of Foreign Aid to Myanmar/Burma

At the end of March 2011, Myanmar began an ambitious political transition led by newly elected President Thein Sein. Bold moves in his first year included opening a dialogue with opposition leader Aung San Suu Kyi, suspending construction of the Chinese-fund Myitsone Dam, and abandoning a grossly overvalued exchange rate in favor of a market-determined rate. These moves unleashed a swarm of visitors seeking to support the transition and “make a difference”: prime ministers, foreign ministers, heads of donor agencies and international NGOs, chief executives of multinational corporations, and many others […]

March 15, 2013  •  By Lex Rieffel and James W. Fox  •  Tags: , , ,  •  Read more ➤

Myanmar in Transition: Opportunities and Challenges

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 […]

August 18, 2012  •  By Asian Development Bank  •  Tags: ,  •  Read more ➤

Catalyst for Conflict

Foreign investments are causing increasing conflict and abuses in northern Burma despite recent ceasefire agreements and talk of reform in the country, according to a briefing paper released by the Ta’ang Students and Youth Organization […]

May 23, 2012  •  By Ta'ang Students and Youth Organization  •  Tags: , , , , ,  •  Read more ➤

Not Open for Business: Despite Elections, Investor Risk Remains High in Burma

The April 1 Burmese by-elections are being heralded as a great success both for the people of Burma and for the international community after more than a decade of sanctions. While there is cause to celebrate in the wake of initial reforms by President Thein Sein and the electoral victory of Nobel Laureate Aung San Suu Kyi, high levels of risk for investors – and the people of Burma – remain […]

April 18, 2012  •  By Conflict Risk Network  •  Tags: , , ,  •  Read more ➤

Burma in the Balance: The Role of Foreign Assistance in Supporting Burma’s Democratic Transition

The historic constraints on donor interventions in Burma—whether self-imposed sanctions or regime-imposed barriers—are increasingly giving way to a sense of heightened optimism about the possibilities of working on issues across the development spectrum. But while the terrain appears to be improving, there remain substantial barriers to effective programming beyond the overall pace and scope of political reform […]

March 22, 2012  •  By Kelley Currie for the Project 2049 Institute  •  Tags: , , , ,  •  Read more ➤

Burma’s Economy: Mismanagement as Usual

Contrary to the regime’s rhetoric of substantial economic reform, the Burmese economy remains hostage to the same oppressive and misguided economic policies that have stunted its development for decades.

The military continues to control the bulk of the budget, with no improvement in transparency. The regime also maintains a dual exchange rate system in order to siphon off funds into private accounts, starving the national budget of official revenue and inflating the fiscal deficit […]

November 4, 2011  •  By Altsean-Burma  •  Tags: ,  •  Read more ➤

Report on Tourism in Burma

[…] The Association Info-Birmanie has decided to publish this report in order to bring clarifications to those who consider going to Burma on the ins and outs of the issue of tourism. We consider that the information furnished by the travel agencies only; insisting on Burma’s beauty, the Country “of a thousand and one temples” are insufficient and that it is necessary to have the most amount of information possible in order to decide whether to travel to Burma or not […]

June 24, 2011  •  By Info-Birmanie  •  Tags: ,  •  Read more ➤

The ADB in Burma: Behind the Scenes

This paper recommends that until the people of Burma can meaningfully participate in development decisions, preconditions for responsible investment are in place, and adverse impacts can be mitigated, then the ADB should refrain from any form of new engagement with Burma. If they do engage (i.e., fund, facilitate, administer) in Burma, the ADB must follow the International Financial Corporation’s “Sustainability Framework” and adhere to their own safeguard policies, including safeguards on Involuntary Resettlement, Environment and Indigenous People, as well as the ADB’s Accountability Mechanism and Public Communications Policy […]

April 1, 2011  •  By NGO Forum on ADB  •  Tags: , , , ,  •  Read more ➤