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Making Myanmar the Star Growth Performer in ASEAN in the Next Decade: A Proposal of Five Growth Strategies

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Author Info

  • Toshihiro KUDO

    (Research Planning Department, Institute of Developing Economies, External Trade Organization (JETRO))

  • Satoru KUMAGAI

    (Malaysian Institute of Economic Research (MIER))

  • So UMEZAKI

    (Inter-disciplinary Studies Center, Institute of Developing Economies, 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.

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Bibliographic Info

Paper provided by Economic Research Institute for ASEAN and East Asia (ERIA) in its series Working Papers with number DP-2013-19.

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Length: 72 pages.
Date of creation: Sep 2013
Date of revision:
Handle: RePEc:era:wpaper:dp-2013-19

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Keywords: myanmar (burma); growth strategy; economic reforms; re-engagement with global economy;

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  1. Kumagai, Satoru & Hayakawa, Kazunobu & Isono, Ikumo & Keola, Souknilanh & Tsubota, Kenmei, 2012. "Geographical simulation analysis for logistics enhancement in Asia," IDE Discussion Papers 369, Institute of Developing Economies, Japan External Trade Organization(JETRO).
  2. James R. Markusen, 2004. "Multinational Firms and the Theory of International Trade," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262633078, December.
  3. Kudo, Toshihiro & Kumagai, Satoru & Ishido, Hikari, 2013. "Agriculture Plus Plus : growth strategy for Myanmar agriculture," IDE Discussion Papers 421, Institute of Developing Economies, Japan External Trade Organization(JETRO).
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