Myanmar’s Reforms Don’t Necessarily Mean Big Business
from Asia Unbound

Myanmar’s Reforms Don’t Necessarily Mean Big Business

Workers in Myanmar mend a truck used to carry goods to and from China in the northeastern town of Lashio January 19, 2012.
Workers in Myanmar mend a truck used to carry goods to and from China in the northeastern town of Lashio January 19, 2012.

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As I have blogged about before, the fact that Myanmar has embarked on a process of political reform that has created the most open political environment in decades does not necessarily mean the country is destined to be the next major emerging market. It has as large population, a strategic location, and considerable natural resources, but in many ways it actually resembles some of the poorest countries in Africa more than neighbors like Thailand or Vietnam. In a new Financial Times op-ed, I explore the challenges of Myanmar’s business environment.

Read the whole piece here: “Beware talk of business-friendly Myanmar."

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