Myanmar is in the midst of a historic transformation of both its public sector and fiscal policy towards international norms. The country traditionally had a very small civilian government and many large state enterprises, all overseen by a politically and commercially powerful military. State enterprises have traditionally accounted for most...
Myanmar and nine other South-east Asian countries are preparing to ring in the formal birth of the ASEAN Economic Community (AEC) on December 31, 2015, but they are not preparing to celebrate. Instead, they are engaging in a collective soul-searching exercise. At the November 2014 ASEAN summit in Naypyidaw, the crowning event of Myanmar’s...
Which industries do you think show the most potential growth, as far as Thilawa is concerned?
Myanmar has made a significant amount of progress over the course of the past few years, and when I was last here in 1999, I visited with Daw Aung San Suu Kyi, who was then under house arrest. Today, she sits in parliament and the people are openly debating the future direction of this country. The Myanmar people have made a very clear...
A series of political and economic reforms have led to the lifting of most international sanctions since 2012. While it may take many years of intensive foreign investment and rapid growth to catch up to other south-east Asian countries, Myanmar has exceptional potential for a country in its income range. Agriculture, fishing and forestry is the country’s largest sector, contributing 30.5% to...
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