TITLE

Country Risk Summary: MYANMAR

PUB. DATE
May 2003
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;May2003, Vol. 14 Issue 5, p8
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
This article overviews political, economic and business environment of Myanmar as of May 2003. Since the release of opposition leader Aung San Suu Kyi from house arrest in May 2002, Myanmar's military government has been slow in releasing other political prisoners or allowing Suu Kyi's National League for Democracy to fully regroup or have any significant role in the country's development. Myanmar's dismal human-rights record and the government's lackluster efforts to improve it may cost the economy in the coming months.The U.S. is expected to pass a bill banning all exports from Myanmar, and tougher sanctions may be in store across the board. The discrepancy between Myanmar's official and market exchange rate exacerbates the economic imbalances in the country and serves to protect the inefficient state sector from fair competition.
ACCESSION #
9876851

 

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