International Responses to Myanmar's Transformation

Yoon Ah Oh (), Jae Wan Cheong () and Na Ri Park ()
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Yoon Ah Oh: Korea Institute for International Economic Policy
Jae Wan Cheong: Korea Institute for International Economic Policy
Na Ri Park: Korea Institute for International Economic Policy

No 14-5, World Economy Brief from Korea Institute for International Economic Policy

Abstract: The transformation of Myanmar marks perhaps one of the least predicted international developments in the past twenty years. The new government that came into power in 2011 introduced sweeping political and economic reforms. The international responses to Myanmar's reforms have been largely positive and in many instances enthusiastic. Western governments acknowledged and supported the reforms by easing or lifting sanctions on Myanmar. The change in Western policy about Myanmar also opened doors for expanded trade and investment opportunities with the rest of the world. Myanmar's reemergence on the international stage has led to varied responses from Asian countries, among which China and Japan play major roles.

Keywords: Economic Reform; Development Cooperation; Economic Development; Myanmar (search for similar items in EconPapers)
Pages: 5 pages
Date: 2014-01-29
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Citations: View citations in EconPapers (2)

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