Myanmar: Unlocking the Potential

Myanmar: Unlocking the Potential
ISBN-10
9292546236
ISBN-13
9789292546236
Series
Myanmar
Category
Business & Economics
Pages
405
Language
English
Published
2014-08-01
Publisher
Asian Development Bank
Author
Asian Development Bank

Description

After 3 years of historic reforms, Myanmar has entered a pivotal stage in its socioeconomic development. Natural, cultural, and demographic advantages are positioning the country for long-term success, but many challenges and potential pitfalls lie ahead. This publication examines how to leverage the opportunities and offers solutions to the challenges. For Myanmar to achieve its economic transition, considerable investments will have to be made in infrastructure and developing human capital, and progress made on building institutional capacity, a regulatory environment for the private sector to flourish, and a modern finance sector. In all reform efforts, the government should embrace good governance, and strive for inclusive, environmentally sustainable, and regionally connected growth. Ensuring that the benefits of growth are shared broadly and regionally balanced stands out in a crowded development agenda.

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