Informal Trade and Underground Economy in Myanmar


Book Description

At present, collecting and analyzing data from inside Myanmar remains notoriously difficult. There is, therefore, a non-Myanmar approach towards the majority of studies on Myanmar. This is especially the case when dealing with informal or illegal trade within the country’s territory. IRASEC and the Observatory on Illicit Trafficking wanted to fill this gap by giving the floor to Professor Winston Set Aung, the founder and the director of the Asia Development Research Institute, and director of the Asia Language and Business Academy in Myanmar. He is also an MBA lecturer at the Institute of Economics in Yangon and is involved in several international and regional research programs in partnership with various research institutes including the Institute of Asian Studies, Chulalongkorn University, Thailand; Tokyo University, Japan; and the Institute for Security and Development Policy of Sweden, Stockholm Environmental Institute. The focus of Professor Winston Set Aung’s study is to provide a Myanmar-centric perspective on informal or illegal trade. The author offers an analysis regarding the process of informal exchanges through a pragmatic and non-contextualized critique. The causes of informal and illegal exchanges are identified and described without commenting on their origins. This intentional, measured, and calculated conservative perspective enables us to think on how to best use these flows in the current political situation in Myanmar. It seems therefore useful and relevant to make this data available to our readers.




The Long Shadow of Informality


Book Description

A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.




The Shadow Economy


Book Description

This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.




Informal Trade and Underground Economy in Myanmar


Book Description

"A collection under the supervision of Anne-Lise Sauterey and Benoit de Treglode."




The Informal Economy in Sub-Saharan Africa


Book Description

The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable. To address this issue, this paper applies for the first time the light intensity approach (instead of GDP). It also uses the Predictive Mean Matching (PMM) method to estimate the size of the informal economy for Sub-Saharan African countries over 24 years. Results suggest that informal economy in Sub-Saharan Africa remains among the largest in the world, although this share has been very gradually declining. It also finds significant heterogeneity, with informality ranging from a low of 20 to 25 percent in Mauritius, South Africa and Namibia to a high of 50 to 65 percent in Benin, Tanzania and Nigeria.




Global Economic Prospects, January 2019


Book Description

The outlook for the global economy has darkened. Global financing conditions have tightened, industrial production has moderated, trade tensions have intensified, and some large emerging market and developing economies have experienced significant financial market stress. Faced with these headwinds, the recovery in emerging market and developing economies has lost momentum. Downside risks have become more acute and include the possibility of disorderly financial market movements and an escalation of trade disputes. Debt vulnerabilities in emerging market and developing economies, particularly low-income countries, have increased. More frequent severe weather events would raise the possibility of large swings in international food prices, which could deepen poverty. In this difficult environment, it is of paramount importance for emerging market and developing economies to rebuild policy buffers while laying a stronger foundation for future growth by boosting human capital, promoting trade integration, and addressing the challenges associated with informality,




Myanmar's Transition


Book Description

With the world watching closely, Myanmar began a process of political, administrative and institutional transition from 30 January 2011. After convening the parliament, elected in November 2010, the former military regime transferred power to a new government headed by former Prime Minister (and retired general), U Thein Sein. With parliamentary processes restored in Myanmar's new capital of Naypyitaw, Thein Sein's government announced a wide-ranging reform agenda, and began releasing political prisoners and easing press censorship. Pivotal meetings between Thein Sein and Aung San Suu Kyi led to amendment of the Election Law and the National League for Democracy contesting by-elections in April 2012. The 2011 Myanmar/Burma update conference considered the openings offered by these political changes and media reforms and the potential opportunities for international assistance. Obstacles covered include impediments to the rule of law, the continuation of human rights abuses, the impunity of the Army, and the failure to end ethnic insurgency.




Socio-economic Atlas of Myanmar


Book Description

The Socio-Economic Atlas of Myanmar focuses on the analysis and evaluation of regional differences in geographical conditions, natural resources, infrastructure and, in particular, the socio-economic development in the states and regions of the country in the current transformation process of Myanmar. The Atlas is based on international literature, statistical data, qualitative research and spatial information in a Geographic Information System on Myanmar. The spatial analyses aim to increase the state of knowledge about Myanmar both within the country and abroad, and to support decision-making on spatial development policy.




China's Global Quest for Resources


Book Description

The world’s key resources of energy, food and water, which are closely connected and interdependent on each other, are coming under increasing pressure, as a result of increasing population, development and climate change. In the case of China, following its recent economic surge, energy, food and water are already nearing the point of shortage. This book considers how China is working to avoid shortages of energy, food and water, and the effect this is having internationally. Subjects covered include domestic policy debates on China’s resource strategies, challenges for managing transboundary waters related to China, responses from various regions and countries to China’s ‘Go Out’ strategy, and China’s increasing energy links with Russia and declining agricultural trade with the United States. The book concludes by discussing in comparative perspective China’s outward resource acquisition activities and the consequent policy implications.




Myanmar in Transition


Book Description

Myanmar, which is emerging from decades of isolation, is poised to accelerate its economic growth on the back of its abundant labor force, rich natural resources, and geographical location. But the country faces many development challenges to achieve strong and inclusive growth. To take advantage of its rich potential and endowments, Myanmar can also use its strategic location between the People's Republic of China and India, and act as a conduit between South and Southeast Asia. To sustain its growth momentum in the long run, Myanmar should aim for a growth trajectory that is inclusive, equitable, and environmentally sustainable. This special report assesses the country's strengths and weaknesses and highlights the challenges and risks. The key lies in prioritizing the actions to surmount the challenges and introducing the requisite reforms.