International Responses to Myanmar's Transformation

5 Pages Posted: 27 Aug 2014

See all articles by Yoon Ah Oh

Yoon Ah Oh

Korea Institute for International Economic Policy

Jaewan Cheong

Korea Institute for International Economic Policy

Na Ri Park

Korea Institute for International Economic Policy

Date Written: January 29, 2014

Abstract

The transformation of Myanmar marks perhaps one of the least predicted international developments in the past twenty years. The new government that came into power in 2011 introduced sweeping political and economic reforms. The international responses to Myanmar’s reforms have been largely positive and in many instances enthusiastic. Western governments acknowledged and supported the reforms by easing or lifting sanctions on Myanmar. The change in Western policy about Myanmar also opened doors for expanded trade and investment opportunities with the rest of the world. Myanmar’s reemergence on the international stage has led to varied responses from Asian countries, among which China and Japan play major roles.

Keywords: Economic reform, Development cooperation, Economic development, Myanmar

Suggested Citation

Oh, Yoon Ah and Cheong, Jaewan and Park, Na Ri, International Responses to Myanmar's Transformation (January 29, 2014). KIEP Research Paper No. World Economy Update-14-05, Available at SSRN: https://ssrn.com/abstract=2487634 or http://dx.doi.org/10.2139/ssrn.2487634

Yoon Ah Oh (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Jaewan Cheong

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Na Ri Park

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

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