Myanmar: Unlocking the Potential - A Strategy for High, Sustained, and Inclusive Growth | Asian Development Bank

Myanmar: Unlocking the Potential - A Strategy for High, Sustained, and Inclusive Growth

Publication | July 2015
Myanmar: Unlocking the Potential - A Strategy for High, Sustained, and Inclusive Growth

Speeding up development in Myanmar requires a multipronged but more coherent strategy targeted at strong and resilient growth, employment generation and, ultimately, rapid reduction of poverty.

Recognizing the need to formulate policy strategies for the changes it faces, Myanmar started a multifaceted reform process in 2011. This paper briefly reviews Myanmar’s history and its legacy, examines the economy and some of the main policy reforms undertaken since 2011, assesses development potential, and outlines medium- and long-term growth strategy based on the country’s specific context and international best experiences and practices.

Contents 

  • Introduction
  • History and Legacy
  • Myanmar’s Economy Today
  • Myanmar’s Development Potential: Strengths and Weaknesses
  • Growth Targets and Aspirations
  • The Development Strategy for Achieving Inclusive and Sustainable Growth
  • Conclusion
  • References