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Research Activities

Research Projects

FY 2012/2013 Research Topic: C-28
Time series analysis of Myanmar's informal economy


The new government of Myanmar inaugurated in 2011 is trying to implement the long-awaited economic policy reforms. As the economy has been completely under discretionary regulations, it has a sizeable number of underground economic activities. Therefore, it is important to grasp the structure of these underground economic activities for the formation of effective policy reforms.
This study focuses on two areas of underground economic activities: the black market for foreign exchange and the smuggling of rice to neighboring countries. The study on the foreign exchange black market analyses the determinants of parallel market exchange rate, while the study on the smuggling of rice investigates the extent of market integration due to smuggling, and discusses the effectiveness of export regulations on rice.


April 2012 - March 2013

Members of the Research Project

[ Organizer ] KUBO Koji


  • First Year: submission to referred journal