By Konosuke Odaka
With inspired human assets and a wealthy traditional bounty, Myanmar is anticipated to take off with sustained progress and finally reach a distinct welfare nation. at the foundation of the authors’ box surveys and innumerable dialogues with public officers, deepest pros, students, and others, as well as extensive table stories in view that round 2000, the current quantity lays out the fundamental materials for drawing a roadmap to understand the above-mentioned aim. That objective is, in particular, monetary improvement, sufficient social capital, indigenous sleek manufactures and nearer foreign tie-ups, between others, yet principally, sound agrarian improvement. An attempt has been made to put the necessary parts of their old contexts, as historic reviews represent an enormous sociopolitical within which improvement occurs. Myanmar nationals and readers keen on the country’s monetary growth are inspired to provide severe, sustained idea to bobbing up with a socially supportable roadmap for the country's improvement direction. the current quantity offers worthwhile tricks for that purpose.
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Additional info for The Myanmar Economy: Its Past, Present and Prospects
1999). Industrial development and reforms in Myanmar. In M. ), Industrial development and reforms in Myanmar: ASEAN and Japanese perspectives. Bangkok: White Lotus Press (cited in Myat Thein 2004: 257). Cœdès, G. (1962). Les peuples de la Pénisule indochinoise, histoire-civilisations. Paris: Dunod. Furnivall, J. S. (1909). Land as a free gift of nature. The Economic Journal, XIX, 552–558. Furnivall, J. S. (1939). The fashioning of Leviathan: The beginnings of British rule in Burma. Rangoon: The Burma Research Society.
However, its growth was in large part achieved by improving the economy’s substandard operating rates and, according to Hill and Jayasuriya, would have been impossible to maintain after the 1980s unless new production methods and/or new factors (such as structural reforms) were introduced. It was inconceivable, for instance, that exports from Burma would increase dramatically in the 1980s. While domestic demand for rice—Burma’s principal export prior to independence—was on the rise due to the increasing population, the international rice price fell rapidly.
Jawaharlal Nehru described him as possessing a ‘radiant personality—it wins him friends wherever he goes’ (Butwell 1963: 63). U Nu was capable of attracting the attention of the masses. Ikuno (1973) believes that his personal appeal originated in the ideology of Setkya-Min. Setkya-Min was said to be the mythified form of Ashoka the Great, who unified India and declared that he would ‘conquer the earth and rule by law, not by punishment or with weapons’ (Ikuno 1973: 110). 44 Some aspects of this philosophy align well with the ideals of Fabian socialism.