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Watershed or Non-Event? : Myanmar's 2025/26 Elections and Effects on Its Economic Prospects.
- Format:
- Book
- Author/Creator:
- Bissinger, Jared.
- Language:
- English
- Physical Description:
- 1 online resource (32 pages)
- Edition:
- 1st ed.
- Place of Publication:
- Singapore : ISEAS - Yusof Ishak Institute, 2026.
- Summary:
- *Few economic actors see Myanmar's election as fundamentally changing the country's political situation. However, views on its potential economic effects are more nuanced. For economic actors, a scenario in which an election--however illegitimate--improves stability and predictability is preferable to a scenario in which Myanmar neither returns to democracy nor sees an improvement in stability. *Despite the lack of democratic credentials, Myanmar's election may provide a limited economic recovery. This could come from increased clarity about the configuration of power and the key people in decision-making roles, which could help some projects move forward. It could also be driven by increased support from allied countries such as China and Russia. Myanmar may also see new investment in some areas, including cut-make-pack garments and sectors reliant on state contracts, like power production. *Myanmar's election is, however, unlikely to transform the country's economy in the way the 2010 election did. Key constraints--including capital controls, foreign exchange requirements, trade licences, logistics, and electricity shortages--will likely remain, though some relaxations and improvements are possible. A large wave of FDI in internationally competitive sectors, capital-intensive sectors, and sectors with long payback periods is unlikely.
- Contents:
- Frontmatter
- FOREWORD
- EXECUTIVE SUMMARY
- INTRODUCTION
- BUSINESS SECTOR VIEWS ON THE ECONOMY
- POST-ELECTION ECONOMIC PRIORITIES
- Notes:
- Description based on publisher supplied metadata and other sources.
- ISBN:
- 981-5361-48-1
- 9789815361476
- OCLC:
- 1572096378
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