Stunted and Distorted Industrialization in Myanmar
AbstractMore than 15 years have passed since Myanmar embarked on its transition from a centrally planned economy to a market-oriented one. The purpose of this paper is to provide a bird-eye's view of industrial changes from the 1990s up to 2005. The industrial sector showed a preliminary development in the first half of the 1990s due to an "open door" policy and liberalization measures. However, a brief period of growth failed to effect any changes in the economic fundamentals. The industrial sector still suffers from poor power supplies, limited access to imported raw materials and machinery, exchange rate instability, limited credit, and frequent changes of government regulation. Public ownership is still high in key infrastructure sectors, and has failed to provide sufficient services to private industries. What the government must do first is to get the fundamentals right.
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Bibliographic InfoPaper provided by Institute of Developing Economies, Japan External Trade Organization(JETRO) in its series IDE Discussion Papers with number 38.
Date of creation: Oct 2005
Date of revision:
Publication status: Published in IDE Discussion Paper. No. 38. 2005.10
Postal: Publication Office, IDE 3-2-2 Wakaba, Mihama-ku, Chiba-shi, Chiba 261-8545 JAPAN
Find related papers by JEL classification:
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
- P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-11-18 (All new papers)
- NEP-HIS-2006-11-18 (Business, Economic & Financial History)
- NEP-SEA-2006-11-18 (South East Asia)
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- San Thein & Kudo, Toshihiro, 2008. "Myanmar Sugar SMEs: History, Technology, Location and Government Policy," IDE Discussion Papers 147, Institute of Developing Economies, Japan External Trade Organization(JETRO).
- Kudo, Toshihiro, 2007. "Border Industry in Myanmar: Turning the Periphery into the Center of Growth," IDE Discussion Papers 122, Institute of Developing Economies, Japan External Trade Organization(JETRO).
- Kudo, Toshihiro, 2006. "Myanmar's Economic Relations with China: Can China Support the Myanmar Economy?," IDE Discussion Papers 66, Institute of Developing Economies, Japan External Trade Organization(JETRO).
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