Myanmar in Transition: Opportunities and Challenges

Myanmar in Transition: Opportunities and Challenges

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Myanmar, which is emerging from decades of isolation, is poised to accelerate its economic growth on the back of its abundant labor force, rich natural resources, and geographical location. But the country faces many development challenges to achieve strong and inclusive growth. To take advantage of its rich potential and endowments, Myanmar can also use its strategic location between the Peoplea€™s Republic of China and India, and act as a conduit between South and Southeast Asia. In order to sustain its growth momentum in the long run, Myanmar should aim for a growth trajectory that is inclusive, equitable, and environmentally sustainable. This special report assesses the countrya€™s strengths and weaknesses and highlights the challenges and risks. The key lies in prioritizing the actions to surmount the challenges and introducing the requisite reforms.15 Figures for the percentage of exports in recent years range from 30.5% in 2005 to 25.7% in 2008. ... 20This exam is taken at the end of grade 11 and is currently the basis for both certification of high school completion and selection intoanbsp;...

Title:Myanmar in Transition: Opportunities and Challenges
Author:Asian Development Bank
Publisher:Asian Development Bank - 2012-08-01


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