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Stunted and Distorted Industrialization in Myanmar

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Author Info

  • Kudo, Toshihiro

Abstract

More 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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File URL: http://ir.ide.go.jp/dspace/bitstream/2344/169/3/ARRIDE_Discussion_No.38_kudo.pdf
File Function: First version, 2005
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Bibliographic Info

Paper provided by Institute of Developing Economies, Japan External Trade Organization(JETRO) in its series IDE Discussion Papers with number 38.

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Date of creation: Oct 2005
Date of revision:
Publication status: Published in IDE Discussion Paper. No. 38. 2005.10
Handle: RePEc:jet:dpaper:dpaper38

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Related research

Keywords: Myanmar (Burma); Transitional economy; Industry; Industrialization; Industrial policy; Transition to market economy;

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Cited by:
  1. 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).
  2. 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).
  3. Aung Kyaw, 2008. "Financing Small and Medium Enterprises in Myanmar," IDE Discussion Papers 148, Institute of Developing Economies, Japan External Trade Organization(JETRO).
  4. 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).

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