Myanmar (Burma) in Quest for a Model of Development

About The Book

The author investigates the regularities of economic and political development in modern Myanmar (Burma) laying a particular emphasis on its past experiments with various systems and the present transition to a market economy. In this investigation he regards that country as a potential “New Tiger” of Southeast Asia. Relying on his own model calculations that takes the key role of technical progress into consideration he contends that there is a combination of factors determining the development of any national economy. Therefore in order to build a successful market economy Myanmar (Burma) needs to increase substantially along with the level of education and R&D the economic role of learning by doing. All this requires increased investment in physical and human capital.The monograph is intended for a wide range of readers interested in the theory and practice of development of Third World countries.
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