No.421 Agriculture Plus Plus: Growth Strategy for Myanmar Agriculture
by Toshihiro KUDO , Satoru KUMAGAI AND Hikari ISHIDO
The development of agriculture is a main pillar of Myanmar’s growth strategies. It is natural for the Myanmar government to prioritize agriculture as a source of economic growth, since it accounted for 36% of GDP, employs a majority of labor force, and generates nearly 30% of exports as of 2010. Although the agricultural share in GDP and employment usually declines as an economy grows, it is not a sunset industry in Myanmar. Methods exist for increasing agriculture’s value added other than the growth of labor and land inputs. The key is to enhance three productivity measures: labor, land, and total productivity. We call this strategy “Agriculture Plus Plus.”
Keywords: Myanmar (Burma), Agriculture, Agriculture Plus Plus, Senary Sector of Agriculture, Growth Strategy
JEL classification: O13, O53, Q10
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