Current Economic Conditions in Myanmar and Options for Sustainable Growth

David Dapice

No 03-04, GDAE Working Papers from GDAE, Tufts University

Abstract: The economy of Myanmar is one of the poorest in South East Asia. Despite relatively rapidly growth during the 1990’s, per capita income by 1998 was little higher than in the middle 1980s. Inflation rates are high, the currency value has fallen sharply, and Myanmar has one of the world’s lowest rates relative to income of government revenue and non-military spending:

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