Breaking Business as Usual : Fostering Competitiveness and a Dynamic Environment for Private Sector Growth

Market-based reforms and the opening up of trade and investment initiated over the past four years have had a positive impact on growth in Myanmar. These have enhanced private sector participation and increased the role of exports in the economy. R...

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Main Authors: Schneider, Charles, Rahardja, Sjamsu
Format: Report
Language:English
en_US
Published: World Bank, Yangon 2016
Subjects:
TAX
OIL
Online Access:http://documents.worldbank.org/curated/en/2016/02/25929483/breaking-business-usual-fostering-competitiveness-dynamic-environment-private-sector-growth
http://hdl.handle.net/10986/23783
id okr-10986-23783
recordtype oai_dc
spelling okr-10986-237832021-05-25T10:54:42Z Breaking Business as Usual : Fostering Competitiveness and a Dynamic Environment for Private Sector Growth Schneider, Charles Rahardja, Sjamsu TARIFFS SINGLE SHARE FINANCIAL SERVICES CAPITAL MARKETS REGULATORY FRAMEWORK EXTERNAL COMPETITIVENESS RENEWABLE RESOURCES SKILLED WORKERS PUBLIC-PRIVATE PARTNERSHIPS FOREIGN INVESTORS INFORMATION TECHNOLOGY INCOME INTEREST PRODUCERS PROPERTY RIGHTS EXCHANGE TIMBER LABOR FORCE JOINT VENTURE REVENUES BANKRUPTCY LAW INCENTIVES MINORITY INVESTORS INVESTMENT ACTIVITIES FACTORS OF PRODUCTION WARRANTS TAX ECONOMIC STABILITY BANKRUPTCY MARKET ACCESS FOREIGN INVESTMENTS PREFERENTIAL ACCESS COMMUNICATIONS FOREIGN INVESTOR EQUITY CAPITAL MARKET ENTRY ARBITRATION EXPLOITATION FOREIGN TRADE LACK OF TRANSPARENCY LABOR COSTS OIL LEGISLATIVE FRAMEWORK TELECOMMUNICATIONS CONTRACT ENFORCEMENT REGIONAL TRADE FOREIGN COMPANY CONTRACTS DEMOCRACY TRADING OPTIONS LABOR PRODUCTIVITY REGULATORY SYSTEM MARKETS CONNECTIVITY FORESTRY LAND OWNERSHIP PRIVATE SECTOR DEVELOPMENT ECONOMIC REFORMS ACCESS TO TELECOMMUNICATIONS DIRECT INVESTMENT NATURAL RESOURCES FINANCIAL SYSTEM CONFIDENCE OF INVESTORS FINANCE LIBERALIZATION TAXES LAND USE RESOURCES EQUITY INVESTORS GOOD WAGES INVESTOR INTEREST TRANSPARENCY BARRIERS TRADE FINANCE TURNOVER FUTURE STATE ENTERPRISE REGULATORY ENVIRONMENT FOREIGN DIRECT INVESTMENT CAPITAL RAISING CREDIT QUALITY STANDARDS FOREIGN INVESTMENT CONTRACT GOVERNANCE PRACTICES PROPERTY JOB CREATION INSTITUTIONAL CAPACITY RAPID EXPANSION ENVIRONMENT MARKET FOREIGN EXCHANGE EQUITY INVESTMENT INVESTMENT POLICY URBAN DEVELOPMENT SECURITIES REGULATORY CONSTRAINTS GOVERNANCE EXPOSURE ENFORCEMENT INSURANCE MANUFACTURING INDUSTRIES TRADE ECONOMIC INTEGRATION INTERESTS GOODS INVESTOR INVESTOR PROTECTIONS LAND LOCAL ECONOMIES INVESTMENT CLIMATES INVESTMENT SHARE COMPARATIVE ADVANTAGE INVESTMENT CLIMATE PUBLIC PARTICIPATION POVERTY BUSINESS ENVIRONMENT ARBITRATION LAW ECONOMIC LIBERALIZATION PRIVATE INVESTMENTS MOBILE PHONES FOREIGN COMPANIES INVESTMENTS RISK MANAGEMENT WORLD TRADE COMMUNICATION AUDIT EXCHANGE CONTROLS PRIVATE SECTOR GROWTH COMMUNICATIONS TECHNOLOGY FINANCIAL SECTOR FOREIGN EQUITY DOMESTIC INVESTORS COMPETITION CORPORATE GOVERNANCE INVESTING Market-based reforms and the opening up of trade and investment initiated over the past four years have had a positive impact on growth in Myanmar. These have enhanced private sector participation and increased the role of exports in the economy. Reforms have included streamlined business entry procedures, reduced export and import licensing requirements, and enhanced public-private partnerships and dialogue. Promoting private sector competitiveness and inclusion in Myanmar have enormous potential to drive job creation, economic diversification, and structural transformation. This would involve improving the investment climate with an emphasis on transparency and predictability; reducing trade costs and strengthening connectivity for economic integration; enhancing public-private partnerships; and strengthening institutional capacity to drive the reform process. The ongoing peace process calls for careful sequencing of reforms, starting with reducing the costs of doing business and engaging in trade; consulting with local communities; and supporting vulnerable groups adversely affected by economic changes. 2016-03-01T19:39:55Z 2016-03-01T19:39:55Z 2016-01 Report http://documents.worldbank.org/curated/en/2016/02/25929483/breaking-business-usual-fostering-competitiveness-dynamic-environment-private-sector-growth http://hdl.handle.net/10986/23783 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Yangon Economic & Sector Work :: Policy Note Economic & Sector Work East Asia and Pacific Myanmar
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic TARIFFS
SINGLE SHARE
FINANCIAL SERVICES
CAPITAL MARKETS
REGULATORY FRAMEWORK
EXTERNAL COMPETITIVENESS
RENEWABLE RESOURCES
SKILLED WORKERS
PUBLIC-PRIVATE PARTNERSHIPS
FOREIGN INVESTORS
INFORMATION TECHNOLOGY
INCOME
INTEREST
PRODUCERS
PROPERTY RIGHTS
EXCHANGE
TIMBER
LABOR FORCE
JOINT VENTURE
REVENUES
BANKRUPTCY LAW
INCENTIVES
MINORITY INVESTORS
INVESTMENT ACTIVITIES
FACTORS OF PRODUCTION
WARRANTS
TAX
ECONOMIC STABILITY
BANKRUPTCY
MARKET ACCESS
FOREIGN INVESTMENTS
PREFERENTIAL ACCESS
COMMUNICATIONS
FOREIGN INVESTOR
EQUITY CAPITAL
MARKET ENTRY
ARBITRATION
EXPLOITATION
FOREIGN TRADE
LACK OF TRANSPARENCY
LABOR COSTS
OIL
LEGISLATIVE FRAMEWORK
TELECOMMUNICATIONS
CONTRACT ENFORCEMENT
REGIONAL TRADE
FOREIGN COMPANY
CONTRACTS
DEMOCRACY
TRADING
OPTIONS
LABOR PRODUCTIVITY
REGULATORY SYSTEM
MARKETS
CONNECTIVITY
FORESTRY
LAND OWNERSHIP
PRIVATE SECTOR DEVELOPMENT
ECONOMIC REFORMS
ACCESS TO TELECOMMUNICATIONS
DIRECT INVESTMENT
NATURAL RESOURCES
FINANCIAL SYSTEM
CONFIDENCE OF INVESTORS
FINANCE
LIBERALIZATION
TAXES
LAND USE
RESOURCES
EQUITY
INVESTORS
GOOD
WAGES
INVESTOR INTEREST
TRANSPARENCY
BARRIERS
TRADE FINANCE
TURNOVER
FUTURE
STATE ENTERPRISE
REGULATORY ENVIRONMENT
FOREIGN DIRECT INVESTMENT
CAPITAL RAISING
CREDIT
QUALITY STANDARDS
FOREIGN INVESTMENT
CONTRACT
GOVERNANCE PRACTICES
PROPERTY
JOB CREATION
INSTITUTIONAL CAPACITY
RAPID EXPANSION
ENVIRONMENT
MARKET
FOREIGN EXCHANGE
EQUITY INVESTMENT
INVESTMENT POLICY
URBAN DEVELOPMENT
SECURITIES
REGULATORY CONSTRAINTS
GOVERNANCE
EXPOSURE
ENFORCEMENT
INSURANCE
MANUFACTURING INDUSTRIES
TRADE
ECONOMIC INTEGRATION
INTERESTS
GOODS
INVESTOR
INVESTOR PROTECTIONS
LAND
LOCAL ECONOMIES
INVESTMENT CLIMATES
INVESTMENT
SHARE
COMPARATIVE ADVANTAGE
INVESTMENT CLIMATE
PUBLIC PARTICIPATION
POVERTY
BUSINESS ENVIRONMENT
ARBITRATION LAW
ECONOMIC LIBERALIZATION
PRIVATE INVESTMENTS
MOBILE PHONES
FOREIGN COMPANIES
INVESTMENTS
RISK MANAGEMENT
WORLD TRADE
COMMUNICATION
AUDIT
EXCHANGE CONTROLS
PRIVATE SECTOR GROWTH
COMMUNICATIONS TECHNOLOGY
FINANCIAL SECTOR
FOREIGN EQUITY
DOMESTIC INVESTORS
COMPETITION
CORPORATE GOVERNANCE
INVESTING
spellingShingle TARIFFS
SINGLE SHARE
FINANCIAL SERVICES
CAPITAL MARKETS
REGULATORY FRAMEWORK
EXTERNAL COMPETITIVENESS
RENEWABLE RESOURCES
SKILLED WORKERS
PUBLIC-PRIVATE PARTNERSHIPS
FOREIGN INVESTORS
INFORMATION TECHNOLOGY
INCOME
INTEREST
PRODUCERS
PROPERTY RIGHTS
EXCHANGE
TIMBER
LABOR FORCE
JOINT VENTURE
REVENUES
BANKRUPTCY LAW
INCENTIVES
MINORITY INVESTORS
INVESTMENT ACTIVITIES
FACTORS OF PRODUCTION
WARRANTS
TAX
ECONOMIC STABILITY
BANKRUPTCY
MARKET ACCESS
FOREIGN INVESTMENTS
PREFERENTIAL ACCESS
COMMUNICATIONS
FOREIGN INVESTOR
EQUITY CAPITAL
MARKET ENTRY
ARBITRATION
EXPLOITATION
FOREIGN TRADE
LACK OF TRANSPARENCY
LABOR COSTS
OIL
LEGISLATIVE FRAMEWORK
TELECOMMUNICATIONS
CONTRACT ENFORCEMENT
REGIONAL TRADE
FOREIGN COMPANY
CONTRACTS
DEMOCRACY
TRADING
OPTIONS
LABOR PRODUCTIVITY
REGULATORY SYSTEM
MARKETS
CONNECTIVITY
FORESTRY
LAND OWNERSHIP
PRIVATE SECTOR DEVELOPMENT
ECONOMIC REFORMS
ACCESS TO TELECOMMUNICATIONS
DIRECT INVESTMENT
NATURAL RESOURCES
FINANCIAL SYSTEM
CONFIDENCE OF INVESTORS
FINANCE
LIBERALIZATION
TAXES
LAND USE
RESOURCES
EQUITY
INVESTORS
GOOD
WAGES
INVESTOR INTEREST
TRANSPARENCY
BARRIERS
TRADE FINANCE
TURNOVER
FUTURE
STATE ENTERPRISE
REGULATORY ENVIRONMENT
FOREIGN DIRECT INVESTMENT
CAPITAL RAISING
CREDIT
QUALITY STANDARDS
FOREIGN INVESTMENT
CONTRACT
GOVERNANCE PRACTICES
PROPERTY
JOB CREATION
INSTITUTIONAL CAPACITY
RAPID EXPANSION
ENVIRONMENT
MARKET
FOREIGN EXCHANGE
EQUITY INVESTMENT
INVESTMENT POLICY
URBAN DEVELOPMENT
SECURITIES
REGULATORY CONSTRAINTS
GOVERNANCE
EXPOSURE
ENFORCEMENT
INSURANCE
MANUFACTURING INDUSTRIES
TRADE
ECONOMIC INTEGRATION
INTERESTS
GOODS
INVESTOR
INVESTOR PROTECTIONS
LAND
LOCAL ECONOMIES
INVESTMENT CLIMATES
INVESTMENT
SHARE
COMPARATIVE ADVANTAGE
INVESTMENT CLIMATE
PUBLIC PARTICIPATION
POVERTY
BUSINESS ENVIRONMENT
ARBITRATION LAW
ECONOMIC LIBERALIZATION
PRIVATE INVESTMENTS
MOBILE PHONES
FOREIGN COMPANIES
INVESTMENTS
RISK MANAGEMENT
WORLD TRADE
COMMUNICATION
AUDIT
EXCHANGE CONTROLS
PRIVATE SECTOR GROWTH
COMMUNICATIONS TECHNOLOGY
FINANCIAL SECTOR
FOREIGN EQUITY
DOMESTIC INVESTORS
COMPETITION
CORPORATE GOVERNANCE
INVESTING
Schneider, Charles
Rahardja, Sjamsu
Breaking Business as Usual : Fostering Competitiveness and a Dynamic Environment for Private Sector Growth
geographic_facet East Asia and Pacific
Myanmar
description Market-based reforms and the opening up of trade and investment initiated over the past four years have had a positive impact on growth in Myanmar. These have enhanced private sector participation and increased the role of exports in the economy. Reforms have included streamlined business entry procedures, reduced export and import licensing requirements, and enhanced public-private partnerships and dialogue. Promoting private sector competitiveness and inclusion in Myanmar have enormous potential to drive job creation, economic diversification, and structural transformation. This would involve improving the investment climate with an emphasis on transparency and predictability; reducing trade costs and strengthening connectivity for economic integration; enhancing public-private partnerships; and strengthening institutional capacity to drive the reform process. The ongoing peace process calls for careful sequencing of reforms, starting with reducing the costs of doing business and engaging in trade; consulting with local communities; and supporting vulnerable groups adversely affected by economic changes.
format Report
author Schneider, Charles
Rahardja, Sjamsu
author_facet Schneider, Charles
Rahardja, Sjamsu
author_sort Schneider, Charles
title Breaking Business as Usual : Fostering Competitiveness and a Dynamic Environment for Private Sector Growth
title_short Breaking Business as Usual : Fostering Competitiveness and a Dynamic Environment for Private Sector Growth
title_full Breaking Business as Usual : Fostering Competitiveness and a Dynamic Environment for Private Sector Growth
title_fullStr Breaking Business as Usual : Fostering Competitiveness and a Dynamic Environment for Private Sector Growth
title_full_unstemmed Breaking Business as Usual : Fostering Competitiveness and a Dynamic Environment for Private Sector Growth
title_sort breaking business as usual : fostering competitiveness and a dynamic environment for private sector growth
publisher World Bank, Yangon
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/02/25929483/breaking-business-usual-fostering-competitiveness-dynamic-environment-private-sector-growth
http://hdl.handle.net/10986/23783
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