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Financial Resources For Development In Myanmar
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Book Synopsis Financial Resources for Development in Myanmar by : Myat Thein
Download or read book Financial Resources for Development in Myanmar written by Myat Thein and published by Institute of Southeast Asian Studies. This book was released on 2000 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much attention has been paid to the increasingly substantial inflows of foreign direct investment into Myanmar since the country opened its doors to overseas investors in late 1988. In addition to bringing capital in the form of cash, such investment has also introduced new technology, training and skills, business and management acumen, as well as various other inputs that Myanmar undoubtedly requires if the country is to develop. However, there is a growing realization that FDI inflows alone will not enable the country to meet the ambitious economic growth targets. As evidenced by the "Asian Tiger" economies, there is also a need for considerable amounts of domestic capital. and in order to attain substantial levels of domestic investment a system of domestic savings "vehicles" -- that the state and industry can harness -- must be developed. Hence, this volume seeks to examine ways in which domestic savings and investment capital can be encouraged and increased. The contributors include not only Myanmar economists and policy-makers but also experts from ASEAN and Japan who share their experiences.
Book Synopsis Public Financial Management Systems—Myanmar by : Asian Development Bank
Download or read book Public Financial Management Systems—Myanmar written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-05-01 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report documents Myanmar's financial management systems, covering primarily the areas of budgeting, funds flow, accounting and reporting, and auditing systems. It provides insights into the quality of internal control systems, staffing resource capacity, and information technology structure. The report aims to provide enhanced insights to stakeholders on financial management systems with the objective of improving the quality of financial management assessments during project preparation. High-quality financial management assessments support project implementation by identifying key fiduciary risks as well as appropriate actions and reforms to mitigate them.
Book Synopsis Public Financial Management Systems - Myanmar by : Asian Development Bank
Download or read book Public Financial Management Systems - Myanmar written by Asian Development Bank and published by . This book was released on 2020-05 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report documents Myanmar's financial management systems, covering primarily the areas of budgeting, funds flow, accounting and reporting, and auditing systems. It provides insights into the quality of internal control systems, staffing resource capacity, and information technology structure. The report aims to provide enhanced insights to stakeholders on financial management systems with the objective of improving the quality of financial management assessments during project preparation. High-quality financial management assessments support project implementation by identifying key fiduciary risks as well as appropriate actions and reforms to mitigate them.
Book Synopsis The Myanmar Economy by : Konosuke Odaka
Download or read book The Myanmar Economy written by Konosuke Odaka and published by Springer. This book was released on 2015-11-11 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: With motivated human resources and a rich natural bounty, Myanmar is expected to take off with sustained growth and eventually attain a unique welfare state. On the basis of the authors’ field surveys and innumerable dialogues with public officials, private professionals, scholars, and others, in addition to intensive desk studies since around 2000, the present volume lays out the essential ingredients for drawing a roadmap to realise the above-mentioned objective. That goal is, specifically, financial development, adequate social capital, indigenous modern manufactures and closer international tie-ups, among others, but above all, sound agrarian development. An effort has been made to place the required ingredients in their historical contexts, as historical experiences constitute an important sociopolitical condition in which development takes place. Myanmar nationals and readers concerned with the country’s economic progress are encouraged to give serious, sustained thought to coming up with a socially supportable roadmap for the country's development path. The present volume provides valuable hints for that purpose.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1513562487 Total Pages :37 pages Book Rating :4.5/5 (135 download)
Book Synopsis Myanmar by : International Monetary Fund. Asia and Pacific Dept
Download or read book Myanmar written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2015-09-18 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes how Myanmar can manage its natural resources for people’s development. Myanmar’s natural resource endowments provide much needed national wealth to finance the country’s development. Given Myanmar’s low tax revenue, mobilizing resource revenues is particularly important in the current macroeconomic environment of widening fiscal and current account deficits, inflationary pressures and exchange rate depreciation. The government should consider revising the fiscal regime for natural resources and introducing a resource rent tax to maximize the revenue stream in an efficient way. To better manage the impact of volatile resource revenues on the budget, consideration could be given to anchoring fiscal policy on an expenditure rule over the medium term.
Download or read book Myanmar written by Asian Development Bank and published by Asian Development Bank. This book was released on 2014-08-01 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: After 3 years of historic reforms, Myanmar has entered a pivotal stage in its socioeconomic development. Natural, cultural, and demographic advantages are positioning the country for long-term success, but many challenges and potential pitfalls lie ahead. This publication examines how to leverage the opportunities and offers solutions to the challenges. For Myanmar to achieve its economic transition, considerable investments will have to be made in infrastructure and developing human capital, and progress made on building institutional capacity, a regulatory environment for the private sector to flourish, and a modern finance sector. In all reform efforts, the government should embrace good governance, and strive for inclusive, environmentally sustainable, and regionally connected growth. Ensuring that the benefits of growth are shared broadly and regionally balanced stands out in a crowded development agenda.
Book Synopsis Multi-Dimensional Review of Myanmar: In-Depth Analysis and Recommendations by : Oecd
Download or read book Multi-Dimensional Review of Myanmar: In-Depth Analysis and Recommendations written by Oecd and published by Org. for Economic Cooperation & Development. This book was released on 2015-01-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building on an initial assessment of constraints to development in Myanmar (Volume 1, ISBN 9789264202078), this second volume provides analysis and policy recommendations in three key areas: structural transformation, education and skills, and financing development. It finds that Myanmar faces a crucial few years to shape growth towards a higher, more sustainable and equitable trajectory. To succeed, it will require a transformation of the economy from an agrarian base reliant on small-scale agriculture at present towards a broad range of modern activities. Building up the right skills in the workforce will be essential to support this structural transformation. Myanmar's transformation will also depend upon how effectively the country can mobilise and allocate the financial resources needed to support its development, which could amount to as much as an additional 5-10% of GDP on average over the next two decades.
Book Synopsis Economic Development of Myanmar by : Myat Thein
Download or read book Economic Development of Myanmar written by Myat Thein and published by Institute of Southeast Asian Studies. This book was released on 2004 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are a number of excellent studies by eminent Myanmar economists as well as scholars from abroad covering different post-war periods and/or various aspects of development in Myanmar. What this book does is to bring them altogether, as it were, under one roof by recasting bits and pieces of their work according to the author’s own understanding. In doing so, a holistic approach was adopted in order to have a well-rounded account of developments over the past fifty years or more. In addition, an attempt has also been made to present the major developments at different periods of time between 1948 and 2000 in a simple, but not over simplified, reader-friendly format so as to reach as wide an audience as possible. It is the author’s ardent wish that not only students and policy-makers, but Myanmar people in all walks of life will read the book, discuss it, and work together for a better future.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1498307094 Total Pages :91 pages Book Rating :4.4/5 (983 download)
Book Synopsis Myanmar by : International Monetary Fund. Asia and Pacific Dept
Download or read book Myanmar written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2019-04-10 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2018 Article IV Consultation highlights that Myanmar’s economy is expected to gain steam albeit at a somewhat slower pace than previously envisaged but faces greater downside risks including from the crisis in Rakhine state. The country’s long-term prospects remain strong, supported by a growing demographic dividend, a competitive labor force and its strategic location. The discussions recommend that successful implementation of the second wave of reforms in the Myanmar Sustainable Development Plan with a focus on peace, stability and good governance will help sustain the growth take-off and achieve the Sustainable Development Goals (SDGs). Financial regulations and supervision should be strengthened with a view to ensuring financial stability and deepening, while forming contingency plans to address systemic banking risks, and strengthening the resolution framework. Fiscal policy should be directed towards SDG-related spending, while lowering Central Bank of Myanmar financing and ensuring debt sustainability. The business environment is expected to benefit from upgraded infrastructure, access to finance, and strengthening of the overall governance framework.
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1513567586 Total Pages :59 pages Book Rating :4.5/5 (135 download)
Book Synopsis Myanmar by : International Monetary Fund. Asia and Pacific Dept
Download or read book Myanmar written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2021-01-28 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the economy already slowing due to the COVID-19 pandemic in FY2019/20, a more intense second wave has hit Myanmar hard, inflicting large economic and social costs and straining the frail healthcare system. The needed strict lockdown measures have hurt manufacturing and spending further, while weak external demand has weighed on exports and tourism, though the kyat continued to appreciate as remittances remained robust. In FY2020/21, growth will decelerate further to 0.5 percent and open up external and fiscal financing gaps of about US$1 billion. The IMF’s RCF/RFI disbursement of 50 percent of quota (SDR 258.4 million) in June helped support the authorities’ policy response for FY2019/20, particularly for social and health spending, kept monetary financing within target, and catalyzed financing from external partners, including through the Debt Service Suspension Initiative (DSSI).
Author :International Monetary Fund. Asia and Pacific Dept Publisher :International Monetary Fund ISBN 13 :1475593368 Total Pages :37 pages Book Rating :4.4/5 (755 download)
Book Synopsis Myanmar by : International Monetary Fund. Asia and Pacific Dept
Download or read book Myanmar written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2013-01-17 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Myanmar is a low-income country, and with the right reforms, it can realize its rich economic potential. The government has embarked on a bold and historic set of reforms, which are already bearing fruit. Executive Directors support the steps for ensuring macroeconomic stability. Exchange rate unification will be an important foundational step for securing macroeconomic stability, which will help boost competitiveness and trade. A consistent monetary policy framework and containing fiscal deficits will give higher and stable revenues to fund development needs.
Book Synopsis Myanmar in Transition by : Asian Development Bank
Download or read book Myanmar in Transition written by Asian Development Bank and published by Asian Development Bank. This book was released on 2012-08-01 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Myanmar, which is emerging from decades of isolation, is poised to accelerate its economic growth on the back of its abundant labor force, rich natural resources, and geographical location. But the country faces many development challenges to achieve strong and inclusive growth. To take advantage of its rich potential and endowments, Myanmar can also use its strategic location between the People's Republic of China and India, and act as a conduit between South and Southeast Asia. To sustain its growth momentum in the long run, Myanmar should aim for a growth trajectory that is inclusive, equitable, and environmentally sustainable. This special report assesses the country's strengths and weaknesses and highlights the challenges and risks. The key lies in prioritizing the actions to surmount the challenges and introducing the requisite reforms.
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :1451826664 Total Pages :113 pages Book Rating :4.4/5 (518 download)
Book Synopsis Myanmar by : International Monetary Fund
Download or read book Myanmar written by International Monetary Fund and published by International Monetary Fund. This book was released on 1995-12-01 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews economic developments in Myanmar during 1990–95. The rapid economic growth of 1992/93–1994/95, which averaged more than 7 percent per year, has allowed the economy to recoup much of what it lost in 1988/89 and 1991/92. However, on a per capita basis, neither GDP nor agricultural output has yet recovered to the levels reached in the mid-1980s. The strong GDP growth achieved in 1994/95 essentially reflected continued good performance of the agricultural sector and a further rapid expansion of the financial sector.
Author :Tin Maung Maung Than Publisher :Institute of Southeast Asian Studies ISBN 13 :9812303715 Total Pages :492 pages Book Rating :4.8/5 (123 download)
Book Synopsis State Dominance in Myanmar by : Tin Maung Maung Than
Download or read book State Dominance in Myanmar written by Tin Maung Maung Than and published by Institute of Southeast Asian Studies. This book was released on 2007 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on the state's efforts to industrialize Myanmar, first through direct intervention and planning under a socialist economic framework as interpreted by the state leaders (1948-88) and lately (1989 onwards) through state-managed outward orientation.
Book Synopsis OECD Development Pathways Multi-dimensional Review of Myanmar Volume 2. In-depth Analysis and Recommendations by : OECD
Download or read book OECD Development Pathways Multi-dimensional Review of Myanmar Volume 2. In-depth Analysis and Recommendations written by OECD and published by OECD Publishing. This book was released on 2015-01-14 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: After an initial assessment of constraints to development in Myanmar found in Volume I, this Volume II assesses key issues and makes policy recommendations.
Author :International Monetary Fund. Monetary and Capital Markets Department Publisher :International Monetary Fund ISBN 13 :1513546295 Total Pages :22 pages Book Rating :4.5/5 (135 download)
Book Synopsis Myanmar by : International Monetary Fund. Monetary and Capital Markets Department
Download or read book Myanmar written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2020-06-08 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the request of the Central Bank of Myanmar (CBM), the IMF’s Monetary and Capital Markets Department, visited Yangon for a series of missions in 2018 and early 2019 on banking supervision. The objectives of the work were to support the CBM in the development of bank regulation and supervision, its introduction of a more risk-based approach to supervision. The Guide to Risk-Based Supervision sets out approaches to risk assessment and risk mitigation based on international practices. The key risks identified in the Myanmar context include legal, regulatory and reputational risk, strategic risk and group and related parties’ risk as well as credit, market, operational, and liquidity risks. The CBM is implementing the new approach over the period until 2020. While perfecting a complete risk-based approach will take years, the CBM is committed to implementation and is already undertaking risk assessments using the new risk matrix tool as examinations come due.
Book Synopsis Financing Affordable Housing in Yangon by : Asian Development Bank
Download or read book Financing Affordable Housing in Yangon written by Asian Development Bank and published by Asian Development Bank. This book was released on 2019-05-01 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Myanmar's housing sector is struggling to cope with rapid urbanization, internal migration, and new demand from recent economic growth. These challenges are most apparent in the Yangon Region, where estimates suggest there will be a housing shortage of 1.3 million units by 2030. This publication assesses the current housing market situation in Yangon. It identifies reform options and offers practical recommendations to support the Yangon Region Government's implementation of its affordable housing agenda and related policies.
