Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/128549
Authors: 
Findlay, Ronald
Park, Cyn-Young
Verbiest, Jean-Pierre A.
Year of Publication: 
2015
Series/Report no.: 
ADB Economics Working Paper Series 437
Abstract: 
Recognizing the need to formulate policy strategies for the changes it faces, Myanmar started a multifaceted reform process in 2011. But speeding up development requires a multipronged but more coherent strategy targeted at strong and resilient growth, employment generation and, ultimately, rapid reduction of poverty. The government needs to carefully prioritize and sequence reforms, and identify and address the constraints to allow acceleration of economic growth by expanding the large domestic market and developing a vibrant manufacturing export sector that can generate substantial employment. This paper briefly reviews Myanmar's history and its legacy, examines the economy and some of the main policy reforms undertaken since 2011, assesses development potential, and outlines medium- and long-term growth strategy based on the country's specific context and international best experiences and practices.
Subjects: 
economic diversification
macroeconomic stability
Myanmar
natural resource-based sectors
regionally balanced development
social inclusion
JEL: 
E02
E61
O14
O25
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/igo/
Document Type: 
Working Paper

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