MDRI-CESD launched its Trade and Investment Strategy Consultation Paper in Nay Pyi Taw and Yangon on 13-14 February 2015. The paper, developed with the Australian National University’s Crawford School of East Asian Bureau of Economic Research (EABER), sets out policy recommendations for further development of the Myanmar economy by expanding international trade and foreign investment, and through greater integration into the regional and global economy.
Ministers, business leaders, senior government officials, representatives from key development institutions including the World Bank and the Asian Development Bank, as well as the Economic Committee of Myanmar’s opposition party, the National League for Democracy, participated in the launch and policy discussions. Crawford School’s Emeritus Professor Peter Drysdale and an Australian Government Fellow from the Australian Treasury also participated in the launch.
Zaw Oo, MDRI-CESD Executive Director, said the report highlighted the next steps for Myanmar as it transitions to joining the international economic community. “The foundations for a market economy should be put in place. We have to think about short-term and long-term strategies. Long-term foundations and short-term windfalls should be related,” explained Zaw Oo.