Industry - General articles
|Title:|| ||Waiting for an Industrial Revolution
|Date of publication:|| ||September 2003|
|Description/subject:|| ||"Industry in Burma lags well behind that of its neighbors largely because of double standards, military meddling, and now, stiffer US economic sanctions...
Small may be beautiful but it is also vulnerable. And as increased US sanctions on Burma halt imports to American markets, all but the largest private garment factories in Burma are falling like dominoes.
On the outskirts of Rangoon, several private garment firms with fewer than 100 employees are shutting down, explains the editor of a business journal in the capital. Signed into law on July 29, Americaâ€™s severe sanctions will likely eliminate hundreds of thousands of jobs. The ban on imports threatens to cripple Burmaâ€™s entire labor-intensive garment industry.
Even the big manufacturers are buckling under the weight of US pressure. "We are almost dying. The future for our business looks so bleak," says a South Korean manager from Myanmar Daewoo International in Rangoon, speaking to The Irrawaddy on the condition of anonymity..."|
|Author/creator:|| ||Min Zin|
|Source/publisher:|| ||"The Irrawaddy" Vol. 11, No 7|
|Alternate URLs:|| ||http://www2.irrawaddy.org/article.php?art_id=3049|
|Date of entry/update:|| ||06 November 2003|
|Title:|| ||Industrial Development in Myanmar: Prospects and Challenges
|Date of publication:|| ||2001|
|Description/subject:|| ||"...we should look back Myanmar’s history on industrial policy.
Every government to date since independence, either civilian or military,
and either democratic or socialist, has approached the problem of the private sector with great concern and trepidation. Whenever they wanted to
accommodate and integrate the energy of private enterprises into the national economy, the socialist philosophy, anti-capitalist attitude, control-prone disposition and xenophobia based on the bitter colonial experiences
provided obstacles, with the redefinition of the role of the private sector
being left vague and halfway.
The transition to market-oriented economy in the 1990s seems to be a historical exception. The various reform measures taken by the military government apparently show their strong commitment toward a full-fledged
market economy. The author calls the present transformation of the economy the Third Wave, and assures himself that it has been the biggest wave of
liberalization in Myanmar’s industrial history.
Compared with the previous two waves, which the author thinks occurred in the latter half of the
1950s and in the mid-1970s, the present regime has committed itself much more clearly to market economic principles and the enhanced role of the
Nevertheless, the history still exhibits a reserve to be fully confident in
government policy toward a market economy. Recent backtracking of economic reforms is certainly something to be worried. It would be necessary
for the military government to commit itself again to such ideas as open
markets, free competition, transparency, accountability, consistency, level
playing field, freedom of information and rule of law, which are the foundations for a free and fair market-oriented economy. Without the govern
ment’s commitment to those ideas, the private sector would never be confident on public polices, and as a result, the full-fledged investments would
never be forthcoming."
See Toshihiro Kudo, “Industrial Policy in Myanamr: Lessons from the Past” in Industrial Devel
opment and Reforms in Myanmar: ASEAN and Japanese Perspectives, (Bangkok, The Sasakawa
Southeast Asia Cooperation Fund, 1999).
|Source/publisher:|| ||IDE- Institute of Developing Economies / JETRO - Japan External Trade Organization|
|Format/size:|| ||pdf (642K), html|
|Alternate URLs:|| ||http://www.burmalibrary.org/docs14/Industrial_Development_in_Myanmar-Prospects_and_Challenges.pdf
|Date of entry/update:|| ||22 September 2012|