1887

Multi-dimensional Review of Myanmar

Volume 1. Initial Assessment

image of Multi-dimensional Review of Myanmar

This volume is the first of the OECD Development Pathways, a new series that looks at multiple development objectives beyond an exclusive focus on growth. The series starts with Myanmar, a country to be covered for the first time by the OECD. This initial assessment shows that Myanmar’s success in achieving stable and sustainable growth will depend vitally on its ability to develop the institutional and social capital necessary to maintain macroeconomic and financial stability, to ensure the rule of law, to achieve environmentally sustainable development and to create an enabling environment for the private sector. To be sustainable, growth also needs to be more equitable and inclusive. Seizing the momentum created by the country’s opening and internal peace process will be imperative. Moreover, Myanmar’s increasing population provides a demographic dividend which needs to be reaped in the next couple of decades to boost the potential of the economy. After that, the population will begin ageing and Myanmar risks getting old before the incomes and living standards of its people can significantly improve.

Anglais

Executive summary

Centre de Développement de l’OCDE

Myanmar boasts numerous assets including fertile land that is rich in minerals and hydrocarbons, forests and hydro-resources, and a relatively young population. By coupling these assets with its favourable geo-strategic location in a dynamic region, Myanmar can establish a multi-pronged strategy for sustained, rapid growth and development based on agriculture, resource extraction, manufacturing and services. Yet time is of the essence: Myanmar’s now comparatively young population will start ageing in the next two decades. If the momentum for development created by the country’s opening and internal peace process is not seized, Myanmar could get old before it gets rich.

Anglais

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error