Recognizing and Mitigating Risks
There are as many risks of doing business in Myanmar as there are opportunities, which were listed in the preceding chapter. The World Bank does not rank Burma in its 2012 Doing Business report at all. The U.S. Department of State in its Doing Business in Burma 2012 study finds that “political intervention, corruption, and central state control continue to obstruct most economic sectors.” It further finds poor policymaking, minimal rule of law, inadequate infrastructure, and a weak education system to hinder economic growth in Burma. In the same vein, it finds that “the government is taking tentative steps to remove or amend restrictive trade and investment policies.”1
Yet, the country is at the heart ...
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