Export-Oriented Growth Strategy for Myanmar: Joining Production Networks in East Asia

Description: 

Concluding Remarks: "For many years, the West has pressured Myanmar in the direction of democracy and respect for human rights by ostracizing its military government through measures such as economic sanctions. Now, the thick fog of military rule that has so far enshrouded the country has become clear. As Western economic sanctions have been eased or lifted, Myanmar?s products will no doubt regain access to global markets, and there will be an influx of foreign investment to this country. The Myanmar economy will become more integrated into the global and regional economies, and have the chance to realize its latent potential. Myanmar?s exports will accordingly increase, and the export goods and destination shall be diversified. To do so, the first step for Myanmar is to show its ability to host export-oriented industry. The apparel industry seems to serve as a litmus test for this. After that, to be a part of production and distribution networks for E&E industry in East Asia will be a key for Myanmar to proceed to the next stage of industrialization. Myanmar should also tap into intra-regional markets, such as China, India and Thailand, in addition to traditional export markets such as US and EU. Utilizing the regional free trade agreements and further enhancement of the connectivity with these countries is also important for the export-oriented growth strategy for Myanmar"

Creator/author: 

Toshihiro KUDO and Satoru KUMAGAI

Source/publisher: 

IDE Policy Review on Myanmar Economy No.9

Date of Publication: 

2013-01-00

Date of entry: 

2014-10-09

Grouping: 

  • Individual Documents

Category: 

Language: 

English and Burmese

Format: 

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