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MPDD Working Paper: In which industries to invest? Aligning market and development incentives in Myanmar
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| Author(s):
Clovis Freire, Steven Ayres
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| Economic Sector(s):
(1) Industry policies and planning; (2) Industrial support services; (3) Manufacturing industries; (4) Service industries; (5) Global trade policies; (6) Trade in commodities and manufactures; (7) Trade in services, including tourism |
| ESCAP Reference
No.: WP/12/05 |
| Division/Office:
Macroeconomic Policy and Development |
| Published Date:
November 2012 |
| Country:
Myanmar |
| Hard Copy Price:
Online Copy Only
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| This paper argues that, with the removal of international sanctions and the opening up of the
economy, fostering economic activity and facilitating investment in new and more productive
industries will best facilitate inclusive economic growth in Myanmar. With a perspective that
emphasizes the role of structural transformation, this paper presents a model describing how
this can best be facilitated with the use of strategies that push towards diversification,
particularly in the direction of more productive economic activities. It also presents a
methodology to identify diversification opportunities based on trade data and presents a list of
specific industries and products that will best contribute towards this process. |
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