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Kyoto CSEAS Series on Asian Studies 1
The Economic Transition in Myanmar after 1988
:Market Economy versus State Control
322 pages
ISBN: 9784876983506
pub. date: 03/09
Written Language: English
Publisher: Kyoto University Press in association with NUS Press
- Price : JPY 5,000 (with tax: JPY 5,500)
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For many years Myanmar operated an inward-looking economic system built on import substitution. Ultimately this policy failed, leaving behind inefficient state economic enterprises and widespread poverty. Political unrest in 1988 led a newly installed military government to liberalize the economy, opening it to foreign investment and private participation in trade. This move towards a market economy was in line with world-wide trends, but political instability forced the country to follow a different course from neighbouring countries.
By analyzing economic policies and performance across the economic spectrum, this book presents an overall picture of economic development in Myanmar between 1988 and the early 2000s. The authors synthesize both macro and micro level data to overcome some of the limitations of unreliable national statistics, and show how the government attempted to deal with two key issues it faced. The first was how to reform the inefficient socialistic economic system in conformity with a market economy, and the second was how to develop the agricultural and underdeveloped economy to alleviate mass poverty.
By analyzing economic policies and performance across the economic spectrum, this book presents an overall picture of economic development in Myanmar between 1988 and the early 2000s. The authors synthesize both macro and micro level data to overcome some of the limitations of unreliable national statistics, and show how the government attempted to deal with two key issues it faced. The first was how to reform the inefficient socialistic economic system in conformity with a market economy, and the second was how to develop the agricultural and underdeveloped economy to alleviate mass poverty.
"The Developing Economies" vol.47, no.4, pp.498-501
Reviewed by Myat Thein, former rector, Yangon Institute of Economics
Reviewed by Myat Thein, former rector, Yangon Institute of Economics
Koichi Fujita is a Professor in the Division of Economic and Political Dynamics at the Center for Southeast Asian Studies, Kyoto University.
Fumiharu Mieno is a Professor of Economics at the Graduate School of International Cooperation Studies, Kobe University.
Ikuko Okamoto is an Associate Senior Research Fellow with the Area Studies Center of the Institute of Developing Economies (IDE-JETRO) in Japan.
Fumiharu Mieno is a Professor of Economics at the Graduate School of International Cooperation Studies, Kobe University.
Ikuko Okamoto is an Associate Senior Research Fellow with the Area Studies Center of the Institute of Developing Economies (IDE-JETRO) in Japan.
List of Tables
List of Figures
Acknowledgments
Introduction
Myanmar's Economic Transformation after 1988
Koichi Fujita, Fumiharu Mieno and Ikuko Okamoto
PART ONE: Macro Economy and Industrial Structure
Chapter 1
Characteristics of Capital Accumulation in Myanmar, 1988-2003
Fumiharu Mieno
Chapter 2
Industrial policies and the Development of Myanmar's Industrial Sector in the Transition to a Market Economy
Toshihiro Kudoo
Chapter 3
Trade, Foreign Investment and Myanmer's Economic Developent in the Transition to an Open Economy
Toshihiro Kudo and Fumiharu Mieno
Chapter 4
The Financial Sector during the Transition to a Market Economy in Myanmar
Koji Kubo, Ryu Fukui and Fumiharu Mieno
PART TWO: The Economy of Agriculture and Labour
Chapter 5
Overview of Agricultural Policies and the Development in Myanmar
Koichi Fujita and Ikuko Okamoto
Chapter 6
Transformation of the Rice Marketing System after Market Liberalization in Myanmar
Ikuko Okamoto
Chapter 7
Agricultural Labourers in Myanmar during the Economic Transition: Views from the Study of Selected Villages
Koichi Fujita
Chapter 8
Urban Informal Sector Labourers in Yangon
Nang Mya Kay Khaing and Koichi Fujita
Bibliography
Contributors
Index
List of Figures
Acknowledgments
Introduction
Myanmar's Economic Transformation after 1988
Koichi Fujita, Fumiharu Mieno and Ikuko Okamoto
PART ONE: Macro Economy and Industrial Structure
Chapter 1
Characteristics of Capital Accumulation in Myanmar, 1988-2003
Fumiharu Mieno
Chapter 2
Industrial policies and the Development of Myanmar's Industrial Sector in the Transition to a Market Economy
Toshihiro Kudoo
Chapter 3
Trade, Foreign Investment and Myanmer's Economic Developent in the Transition to an Open Economy
Toshihiro Kudo and Fumiharu Mieno
Chapter 4
The Financial Sector during the Transition to a Market Economy in Myanmar
Koji Kubo, Ryu Fukui and Fumiharu Mieno
PART TWO: The Economy of Agriculture and Labour
Chapter 5
Overview of Agricultural Policies and the Development in Myanmar
Koichi Fujita and Ikuko Okamoto
Chapter 6
Transformation of the Rice Marketing System after Market Liberalization in Myanmar
Ikuko Okamoto
Chapter 7
Agricultural Labourers in Myanmar during the Economic Transition: Views from the Study of Selected Villages
Koichi Fujita
Chapter 8
Urban Informal Sector Labourers in Yangon
Nang Mya Kay Khaing and Koichi Fujita
Bibliography
Contributors
Index
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