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Five Growth Strategies for Myanmar: Re-engagement with the Global Economy

Discussion Papers


August 2013


After decades of isolation, Myanmar is now actively re-engaging with the global economy. For successful re-engagement, Myanmar needs to implement comprehensive economic reforms based on a shared vision for long-term economic development that is characterized by human-centered, high, sustainable, pro-poor, inclusive, and balanced economic growth. In this paper, we propose five growth strategies: "Agriculture Plus Plus," an export-oriented strategy, a foreign direct investment-driven strategy, a two-polar growth strategy, and a strategy to develop domestic economic corridors. These strategies are used as guides to translate these development agendas into a set of implementable policies, programs, and projects.

Keywords: Myanmar (Burma), growth strategy, economic reforms, re-engagement with global economy
JEL classification: O10,O20, O53

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