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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World Bank, Yangon
2016
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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 |
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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 |
_version_ |
1764454918334185472 |