The Asia Development Bank’s diagnostic report for Myanmar, “Myanmar: unlocking the potential” (August 2014), looks at the policy challenges Myanmar faces on the path to social and economic development. Policy challenges include the need to strengthen market institutions, enhance governance and institutional capacity, improve infrastructure, develop human capital, and promote regional integration.
MDRI-CESD was the main contributor for the report’s section on macroeconomic management and stability – fiscal policy (in Chapter 2 of the report). This section examined resource allocation of public expenditure, resource mobilization including revenues from natural resources, tax revenue, foreign aid and borrowings, fiscal decentralization, and institution building.
Dr Zaw Oo, MDRI-CESD Executive Director, was a member of the Advisory Committee on the study.
Read more about the report, and download a copy of the report from the Asia Development Bank website, www.adb.org.