This historical note seeks to provide some markers for economists and policymakers interested in Myanmar’s woeful experience over seven decades when it fell from being one of the most prosperous and promising countries in East Asia at the end of World War II to one of the poorest now.
For people interested in Myanmar’s future, it is important to examine the foundations for the economic policy reforms that sparked Myanmar’s joyful economic rise beginning in 2011, assess these reforms as they were carried out during the two administrations, and consider how they may have contributed to the coup in 2021.
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