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- Economy_of_Burma abstract "The Economy of Burma (Myanmar) is an emerging economy with an estimated nominal GDP of $51.93 billion and a purchasing power adjusted GDP of $83.74 billion. Real growth rate is estimated at 5.5% for the 2011 fiscal year.Historically, Burma was the main trade route between India and China since 100 BC. The Mon Kingdom of lower Burma served as important trading center in the Bay of Bengal. After Burma was conquered by British, it became the wealthiest country in Southeast Asia. It was also once the world's largest exporter of rice. It produced 75% of the world's teak and had a highly literate population.After a parliamentary government was formed in 1948, Prime Minister U Nu embarked upon a policy of nationalization. The government also tried to implement a poorly thought out Eight-Year plan. By the 1950s, rice exports had fallen by two thirds and mineral exports by over 96%. The 1962 coup d'état was followed by an economic scheme called the Burmese Way to Socialism, a plan to nationalize all industries. The catastrophic program turned Burma into one of the world's most impoverished countries.In 2011, when new President Thein Sein's government came to power, Burma embarked on a major policy of reforms including anti-corruption, currency exchange rate, foreign investment laws and taxation. Foreign investments increased from US$300 million in 2009-10 to a US$20 billion in 2010-11 by about 667%. Large inflow of capital results in stronger Burmese currency, kyat by about 25%. In response, the government relaxed import restrictions and abolished export taxes. Despite current currency problems, Burmese economy is expected to grow by about 8.8% in 2011. After the completion of 58-billion dollar Dawei deep seaport, Burma is expected be at the hub of trade connecting Southeast Asia and the South China Sea, via the Andaman Sea, to the Indian Ocean receiving goods from countries in the Middle East, Europe and Africa, and spurring growth in the ASEAN region.According to a report released on 30 May 2013 by the McKinsey Global Institute, Burma's economy is expected to quadruple by 2030 if it invests in more high-tech industries.".
- Economy_of_Burma thumbnail Yangon_at_night.jpg?width=300.
- Economy_of_Burma wikiPageExternalLink 3721-analysis.
- Economy_of_Burma wikiPageExternalLink www.commerce.gov.mm.
- Economy_of_Burma wikiPageExternalLink Year.
- Economy_of_Burma wikiPageExternalLink index.html.
- Economy_of_Burma wikiPageExternalLink myanmar.
- Economy_of_Burma wikiPageExternalLink ASEAN-Outlook-Magazine-June-2013-David-DuByne-Myanmars-Overlooked-Industry-Opportunities-and-Investment-Climate-.pdf.
- Economy_of_Burma wikiPageExternalLink Myanmar-Business-Today-Feb-27-March-5-2014-Edition-A-Roadmap-to-Building-Myanmar-into-the-Food-Basket-of-Asia_David-DuByne-.pdf.
- Economy_of_Burma wikiPageExternalLink www.umfcci.com.mm.
- Economy_of_Burma wikiPageID "20391".
- Economy_of_Burma wikiPageRevisionID "605483996".
- Economy_of_Burma aid "recipient: $127 million".
- Economy_of_Burma caption "Sakura Tower in Yangon".
- Economy_of_Burma cianame "bm".
- Economy_of_Burma country "Myanmar".
- Economy_of_Burma currency Burmese_kyat.
- Economy_of_Burma debt "1.1E10".
- Economy_of_Burma expenses "4.272E9".
- Economy_of_Burma exportGoods "natural gas, wood products, pulses, beans, fish, rice, clothing, jade and gems".
- Economy_of_Burma exportPartners "14.2".
- Economy_of_Burma exportPartners "14.7".
- Economy_of_Burma exportPartners "40.5".
- Economy_of_Burma exportPartners "7.4".
- Economy_of_Burma exports "$9.543 billion note: official export figures are grossly underestimated due to the value of timber, gems, narcotics, rice, and other products smuggled to Thailand, China, and Bangladesh".
- Economy_of_Burma gdp "8.272E10".
- Economy_of_Burma growth "6.5".
- Economy_of_Burma hasPhotoCollection Economy_of_Burma.
- Economy_of_Burma importGoods "fabric, petroleum products, plastics, fertilizer, machinery, transport equipment, cement, construction materials, crude oil; food products, edible oil".
- Economy_of_Burma importPartners "20.2".
- Economy_of_Burma importPartners "37.0".
- Economy_of_Burma importPartners "4.6".
- Economy_of_Burma importPartners "8.2".
- Economy_of_Burma importPartners "8.7".
- Economy_of_Burma imports "$5.498 billion note: import figures are grossly underestimated due to the value of consumer goods, diesel fuel, and other products smuggled in from Thailand, China, Malaysia, and India".
- Economy_of_Burma industries "agricultural processing; wood and wood products; copper, tin, tungsten, iron; cement, construction materials; pharmaceuticals; fertilizer; petroleum and natural gas; garments, jade and gems".
- Economy_of_Burma inflation "8.9".
- Economy_of_Burma labor "32530000".
- Economy_of_Burma occupations "agriculture: 70%, industry: 7%, services: 23%".
- Economy_of_Burma organs Association_of_Southeast_Asian_Nations.
- Economy_of_Burma organs Bay_of_Bengal_Initiative_for_Multi-Sectoral_Technical_and_Economic_Cooperation.
- Economy_of_Burma organs World_Trade_Organization.
- Economy_of_Burma perCapita "1300.0".
- Economy_of_Burma poverty "26.0".
- Economy_of_Burma rank "77".
- Economy_of_Burma reserves "8.0E9".
- Economy_of_Burma revenue "2.016E9".
- Economy_of_Burma sectors "agriculture: 43%, industry: 20.5%, services: 36.6%".
- Economy_of_Burma unemployment "37.0".
- Economy_of_Burma width "300".
- Economy_of_Burma year "--04-01".
- Economy_of_Burma subject Category:Economy_of_Burma.
- Economy_of_Burma subject Category:World_Trade_Organization_member_economies.
- Economy_of_Burma comment "The Economy of Burma (Myanmar) is an emerging economy with an estimated nominal GDP of $51.93 billion and a purchasing power adjusted GDP of $83.74 billion. Real growth rate is estimated at 5.5% for the 2011 fiscal year.Historically, Burma was the main trade route between India and China since 100 BC. The Mon Kingdom of lower Burma served as important trading center in the Bay of Bengal. After Burma was conquered by British, it became the wealthiest country in Southeast Asia.".
- Economy_of_Burma label "Economia de Myanmar".
- Economy_of_Burma label "Economia della Birmania".
- Economy_of_Burma label "Economy of Burma".
- Economy_of_Burma label "Economía de Birmania".
- Economy_of_Burma label "Économie de la Birmanie".
- Economy_of_Burma label "Экономика Мьянмы".
- Economy_of_Burma label "缅甸经济".
- Economy_of_Burma sameAs Economía_de_Birmania.
- Economy_of_Burma sameAs Économie_de_la_Birmanie.
- Economy_of_Burma sameAs Economia_della_Birmania.
- Economy_of_Burma sameAs 미얀마의_경제.
- Economy_of_Burma sameAs Economia_de_Myanmar.
- Economy_of_Burma sameAs m.0118_0vn.
- Economy_of_Burma sameAs Q1064613.
- Economy_of_Burma sameAs Q1064613.
- Economy_of_Burma wasDerivedFrom Economy_of_Burma?oldid=605483996.
- Economy_of_Burma depiction Yangon_at_night.jpg.
- Economy_of_Burma isPrimaryTopicOf Economy_of_Burma.