In which industries to invest? Aligning market and development incentives in Myanmar

Steven Ayres () and Clovis Freire
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Steven Ayres: University of Rome – Tor Vergata

No WP/12/05, MPDD Working Paper Series from United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)

Abstract: This paper argues that, with the removal of international sanctions and the opening up of the economy, fostering economic activity and facilitating investment in new and more productive industries will best facilitate inclusive economic growth in Myanmar. With a perspective that emphasizes the role of structural transformation, this paper presents a model describing how this can best be facilitated with the use of strategies that push towards diversification, particularly in the direction of more productive economic activities. It also presents a methodology to identify diversification opportunities based on trade data and presents a list of specific industries and products that will best contribute towards this process.

Keywords: Diversification; Structural Transformation; Productive Capacities; Economic Development (search for similar items in EconPapers)
JEL-codes: O11 O14 O33 O38 O53 (search for similar items in EconPapers)
Date: 2012-11
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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