Myanmar S External Trade

The grim state of the Myanmar economy in the second half of the 1980s forced the previous government of the Burma Socialist Programme Party to liberalize its external and internal trade. Since the military coup following political chaos in the later part of 1988, Japan, the European Community and the United States have suspended new economic aid to Myanmar. This has led to the present military government, the State Law and Order Restoration Council (SLORC), to work towards closer cooperation in diplomatic and trade relations with other Southeast Asian countries and to further liberalize its trade sector. This study explores and analyzes Myanmar's external trade and its trade relations with Southeast Asian nations, many of which are members of the Association of Southeast Asian nations (ASEAN), and raises issues and prospects of economic cooperation with neighbouring countries in the region, including the option for active participation in ASEAN.

At present, collecting and analyzing data from inside Myanmar remains notoriously difficult. There is, therefore, a non-Myanmar approach towards the majority of studies on Myanmar. This is especially the case when dealing with informal or illegal trade within the country’s territory. IRASEC and the Observatory on Illicit Trafficking wanted to fill this gap by giving the floor to Professor Winston Set Aung, the founder and the director of the Asia Development Research Institute, and director of the Asia Language and Business Academy in Myanmar. He is also an MBA lecturer at the Institute of Economics in Yangon and is involved in several international and regional research programs in partnership with various research institutes including the Institute of Asian Studies, Chulalongkorn University, Thailand; Tokyo University, Japan; and the Institute for Security and Development Policy of Sweden, Stockholm Environmental Institute. The focus of Professor Winston Set Aung’s study is to provide a Myanmar-centric perspective on informal or illegal trade. The author offers an analysis regarding the process of informal exchanges through a pragmatic and non-contextualized critique. The causes of informal and illegal exchanges are identified and described without commenting on their origins. This intentional, measured, and calculated conservative perspective enables us to think on how to best use these flows in the current political situation in Myanmar. It seems therefore useful and relevant to make this data available to our readers.

This paper aims to provide a better understanding of Myanmar’s agricultural export performance against its competitors in different regions and determine the policy actions for improving Myanmar’s export performance. The normalized revealed comparative advantage (NRCA) index is computed to compare the agricultural competitiveness between Myanmar and its competitors from 2007 to 2016. The results show that: 1) Myanmar’s agricultural export sector enjoys comparative advantage in the global market, but it is not competitive when compared with its major competitors; 2) Myanmar reveals a high level of NRCAs in black gram & pigeon peas, natural rubber, sesame seeds, rice, and frozen fish, while it has low NRCAs in crustaceans and dried fruits; and reveals no comparative advantage in bananas, fish fillets, maize, nuts, and watermelon in certain years. Three major policy implications are drawn, including diversifying Myanmar’s export portfolio, strengthening export promotion and development, and attracting foreign direct investment to upgrade the cross-border value chain.

This book comprehensively investigates the challenges to Myanmar’s access to the global market. Myanmar is a late entrant in the global trade and investment scenario after years of isolation. However, it has large untapped potentials for trade and investment in minerals, agro and forest based industries, other labour intensive industries, services like tourism, IT, etc. Different chapters of the book explore the implication of democratic transition of Myanmar, the progress of Myanmar’s industry and infrastructure, its international linkages and feasible options for integrating more in regional economic groups and also analyses how far Myanmar could exploit the global value chain. Although a number of reports have discussed sector specific prospects of Myanmar, this book is an authoritative work on these aspects for policy planners, academicians, researchers as well as potential investors.

Is Myanmar (Burma) democratizing, or is it moving towards a new form of authoritarianism, perhaps one more consonant with other contemporary authoritarian regimes in Asia? Coming at a critical time, and one of growing interest in this Southeast Asian country among researchers and policymakers, Debating Democratization in Myanmar addresses this complex question from a range of disciplinary and professional perspectives. Chapters by leading international scholars and practitioners, activists and politicians from Myanmar and around the world cover political and economic updates, as well as the problems of democratization; the re-engagement of democratic activists and exiles in domestic affairs; the new parliament, the electoral system, and everyday politics; prospects for the economy; ethnic cooperation, contestation and conflict; the role of the army and police forces; and conditions for women. Together they constitute an empirically deep and analytically rich source of readable and relevant material for anyone keen to obtain a greater understanding of what is happening in Myanmar today, and why.

This book demonstrates the flow of the international trade of secondhand goods and examines the socio-economic background and mechanisms of the trade. It highlights the actors involved in the trade of secondhand goods and how traditionally secondhand good have largely been traded through social or ethnic networks in order to effectively transfer quality and market information. The development of information technology and emergence of new information platforms have changed these business models. The policies and regulations relating to the trade of secondhand goods are explored, alongside the negative impact of these trades, and the growing awareness of the circular economy. This book illustrates how importing countries as well as international institutions have developed regulations in order to balance these two issues. It will relevant to students and economists interested in development economics and economics geography.