Myanmar: Asian Development Bank Member Fact Sheet 2017
Asian Development Bank | April 2018
Abstract
Emerging from decades of economic and political isolation, Myanmar is enjoying a period of exceptional growth and is one of the fastest-growing economies in Southeast Asia. The country possesses abundant natural resources, a strategic location at the crossroads of Asia, a young population, and a sizable market with wide-ranging investment opportunities. The country, however, needs to achieve and maintain stability, both on the macroeconomic front and in terms of peace and reconciliation. It needs to address substantive deficits in infrastructure and human resources, which constrain social and economic development. Myanmar also needs to sustain its reform momentum toward good governance, effective public sector management, and a conducive business environment.
Citation
Asian Development Bank. 2018. Myanmar: Asian Development Bank Member Fact Sheet 2017. © Asian Development Bank. http://hdl.handle.net/11540/8196.Keywords
Development Economics
Regional Economic Development
Economic Impact
Asian Development Bank
Development
Economic Boom
Regional Economic Integration
Good Governance
Governance Approach
Economic planning
Economic structure
Growth policy
Trade relations
Trade policy
Trade policy
Economic development
Economies in transition
International economy
Border integration
Economic integration
Gross domestic product
Trade policy
Institutional Framework
Public Administration
Business Ethics
Regional economics
Economic forecasting
Economic development projects
Success in business
Business
Free trade
Business
Economics
Communication in economic development
Restraint of trade
International economic integration
Trade blocs
East-West trade
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