Economic Optimism

November 2006
Asia Monitor: South East Asia Monitor Volume 1;Nov2006, Vol. 17 Issue 11, p7
Country Report
Country Report
The article presents the economic outlook for Myanmar. According to the author, the country's commercial ties with key regional states are broadening in the absence of progress in relations with the U.S. and Europe. Oil and gas industry has given interest from foreign investors, in hope of landing potentially lucrative hydrocarbon concessions. Despite the signs of economic progress, two central downside risks are seen particularly to political issues and exchange rate reform.


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