Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/128558
Authors: 
Roland-Holst, David
Park, Cyn-Young
Year of Publication: 
2015
Series/Report no.: 
ADB Economics Working Paper Series 429
Abstract: 
We use a dynamic forecasting model to evaluate a wide array of opportunities for sustained economic growth in Myanmar. Our simulation results suggest that the government of Myanmar can advance potential growth drivers, by maintaining a stable macroeconomic environment that is conducive to private investment, promoting human capital development and public investment, facilitating domestic and international private agencies for market development, and strengthening regional economic integration. The government needs a balanced approach to sector interests to promote inclusive and equitable growth. Increasing agricultural productivity, for example, will not only benefit the country's rural poor majority, but it will also release labor resources to facilitate industrial and service sector development. Conversely, industrial and urban development will facilitate agrifood supply chains, improving market access and real incomes in rural areas. Public commitments to improving infrastructure, education, and public health will also be essential to realizing Myanmar's vast economic potential.
Subjects: 
Calibrated General Equilibrium (CGE) model
economic forecasting
Myanmar
policy simulation
potential growth
JEL: 
D58
F41
O11
O47
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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