Five growth strategies for Myanmar: re-engagement with the global economy

Toshihiro Kudo, Kumagai Satoru and Umezaki So

No 427, IDE Discussion Papers from Institute of Developing Economies, Japan External Trade Organization(JETRO)

Abstract: After decades of isolation, Myanmar is now actively re-engaging with the global economy. For successful re-engagement, Myanmar needs to implement comprehensive economic reforms based on a shared vision for long-term economic development that is characterized by human-centered, high, sustainable, pro-poor, inclusive, and balanced economic growth. In this paper, we propose five growth strategies: "Agriculture Plus Plus," an export-oriented strategy, a foreign direct investment-driven strategy, a two-polar growth strategy, and a strategy to develop domestic economic corridors. These strategies are used as guides to translate these development agendas into a set of implementable policies, programs, and projects.

Keywords: Myanmar; Economic development; Development policy; Economic policy; Myanmar (Burma); Growth strategy; Economic reforms; Re-engagement with global economy (search for similar items in EconPapers)
JEL-codes: O10 O20 O53 (search for similar items in EconPapers)
Date: 2013-08-01
New Economics Papers: this item is included in nep-cwa, nep-fdg and nep-sea
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Published in IDE Discussion Paper = IDE Discussion Paper, No. 427. 2013-08-01

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