MPDD Working Paper (WP/12/05) In which industries to invest? Aligning market and development incentives in Myanmar

MPDD Working Paper (WP/12/05) In which industries to invest? Aligning market and development incentives in Myanmar

Date: 
Friday, November 30, 2012
Type: 
Working paper series
Abstract

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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