Myanmar,
as you know, is military-based country. In recent years, there is some good
news from Myanmar – one of the poorest countries in Southeast Asia. The
situation of politics is better than ten years ago because of the internal and
external pressure. Releasing of political prisoners and also Aung San Suu Kyi in
2010 until the election in April 2012 guarantees the improved political
scenario. Parliament also passed the law to help encourage investment from
foreign investor. The United State, E.U., and Australia started easing
sanction. World Bank and E.U. have already opened their office while Dawei port
is constructing assiduously. China – one of the greatest border trading partner
– does not stop constructing the infrastructure in connecting Yunnan to other
countries in Indochina region. Consequently, the world is now glaring at
Myanmar. It is the fact that Myanmar has potential to become leader of
Southeast Asia, economically, socially, and politically.
This paper, “Myanmar; reconsidered”, deliberately
explains about Myanmar economy. However, it’s linked to politics and society as
well. Contents of this paper have many dimensions including the country fact, economic
health, trade, welfare, labor migration, and policy suggestion. Initially, when
you consider Myanmar, you may think about life’s deprivation, conflict, and
military – controlled; however, Myanmar has a long line and there is some
background that you should know before judging. Also, some statistics indicate
the outstanding growth rate in various fields, for instance, Gross Domestic
Product, Human Development Index, Export
Index Value. So, this paper will reconsider Myanmar in many dimensions.
Nevertheless, in collecting data, it is difficult because there are many
sources of information and those are different (for example, GDP from World
Bank is not similar to Government Office even the same recent year). It is hard
for me to select only one source of a ton of data for analyzing.
This paper could not have been
written without Asst. Prof. Dr. Nisit Panthamit who not only suggested me to find an
information but also challenged me throughout the international economics
class. Also, I am very thankful to Prof. Kyaw Min Hton, pro-rector of Yangon
Institute of Economics, who gave me information about Myanmar Economy.
Additionally, I am equally thankful to Ni Lar,Ph.D who informed me about Dawei
port in Myanmar. I would also like to thank my parents, who were the initial
instigator and early on provided advice and encouragement.
Wannaphong Durongkaveroj
September 2012
Please feel free to click the link below to download this paper,
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