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Managing Myanmar's Resource Boom to Lock in Reforms

Author

Listed:
  • Cullen S. Hendrix

    (Peterson Institute for International Economics)

  • Marcus Noland

    (Peterson Institute for International Economics)

Abstract

Myanmar is in the midst of a long and difficult multifaceted transition, involving political liberalization, economic reform, and the resolution of multiple long-standing civil conflicts. The country has a history of ethno-religious conflict and separatism. Civil-military relations are muddy, and business-military-state relations are similarly opaque. An ongoing natural resource boom, and the blessings and curses that come with it, further complicates these developments. Given the country's evident institutional weaknesses, external policy anchors could play a critical role in this transition. Hendrix and Noland address the possible role for such international precommitment mechanisms—in particular, the Extractive Industries Transparency Initiative (EITI)—in Myanmar's growing extractive sector.

Suggested Citation

  • Cullen S. Hendrix & Marcus Noland, 2014. "Managing Myanmar's Resource Boom to Lock in Reforms," Policy Briefs PB14-11, Peterson Institute for International Economics.
    • Handle: RePEc:iie:pbrief:pb14-11
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    References listed on IDEAS

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