Laying the Foundations for a Free Economy

In: FP, Issue 208

Abstract

Government leaders in Myanmar are confident that they can make good on their ambitious plans to build a democratic, free-market economy. They acknowledge but dismiss concerns among international investors, and particularly those from Western nations, that the process may stall. It is essential, the leaders say, to understand how the various reforms fit together, rather than to just look at the end result. U Aung Min, the minister for the president's office, is charged with overseeing the political part of the process. It is the foundation on which the administrative, economic, and private-sector reforms must rest. Adapted from the source document.