Arbeitspapier

Myanmar: Long-Term Scenarios for Sustained Macroeconomic Growth

We use a dynamic forecasting model to evaluate a wide array of opportunities for sustained economic growth in Myanmar. Our simulation results suggest that the government of Myanmar can advance potential growth drivers, by maintaining a stable macroeconomic environment that is conducive to private investment, promoting human capital development and public investment, facilitating domestic and international private agencies for market development, and strengthening regional economic integration. The government needs a balanced approach to sector interests to promote inclusive and equitable growth. Increasing agricultural productivity, for example, will not only benefit the country's rural poor majority, but it will also release labor resources to facilitate industrial and service sector development. Conversely, industrial and urban development will facilitate agrifood supply chains, improving market access and real incomes in rural areas. Public commitments to improving infrastructure, education, and public health will also be essential to realizing Myanmar's vast economic potential.

Sprache
Englisch

Erschienen in
Series: ADB Economics Working Paper Series ; No. 429

Klassifikation
Wirtschaft
Computable and Other Applied General Equilibrium Models
Open Economy Macroeconomics
Macroeconomic Analyses of Economic Development
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Thema
Calibrated General Equilibrium (CGE) model
economic forecasting
Myanmar
policy simulation
potential growth

Ereignis
Geistige Schöpfung
(wer)
Roland-Holst, David
Park, Cyn-Young
Ereignis
Veröffentlichung
(wer)
Asian Development Bank (ADB)
(wo)
Manila
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Roland-Holst, David
  • Park, Cyn-Young
  • Asian Development Bank (ADB)

Entstanden

  • 2015

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