I agree with Yeni, who seems to understand economics better than most journalists.
It is more than lack of development
"almost exclusively caused by decades of economic mismanagement and lack of vision" on part of SPDC.
Burma:
It has not grown economically because of a system of central planning and control that was first set up in 1962 by Gen. Ne Win, the grand daddy of them all, and then exacerbated by the factors Yeni describes, which started after the Slorc's so-called "open economy" after 1988.
What will happen if sanctions are suddenly lifted? As they did not have much effect anyway, trade may grow a little but it won't as much as if SYSTEM were changed -- in Chinese or Vietnamese way which involved Special Economic Zones and lifting of compulsory delivery quotas on rice etc. and long term leases for farm land to real farmers.
Give me a break, I am tired of people writing about economics when they know no economics.
Kyi May Kaung
Burma, America, The World, Art, Literature, Political Economy through the eyes of a Permanent Exile. "We must take sides. Neutrality helps the oppressor, never the oppressed. Sometimes we must interfere. . . There is so much injustice and suffering crying out for our attention . . . writers and poets, prisoners in so many lands governed by the left and by the right." Elie Wiesel, Nobel Peace Prize Speech, 1986, Oslo. This entire site copyright Kyi May Kaung unless indicated otherwise.
Ruth Prawer Jhabvala--I have a volume of her short stories--which I like a great deal.
https://en.wikipedia.org/wiki/Ruth_Prawer_Jhabvala
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Note: If you know nothing about economics, pl do not depend on hearsay. Pl take ecos. 101 or read or educate yourself. There are lots of ...
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