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Economy of Burma
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Geliefert zwischen Mi., 12.11.2025 und Do., 13.11.2025
Details
Burma is one of the poorest nations in the world, suffering from decades of stagnation, mismanagement, and isolation. Burma s GDP grows at an average rate of 2.9% annually the lowest rate of economic growth in the Greater Mekong Subregion. Under British administration, Burma had been the wealthiest country in Southeast Asia. It was also once the world's largest exporter of rice. During British administration, Burma supplied oil through the Burmah Oil Company. Burma also had a wealth of natural and labor resources. It produced 75% of the world's teak and had a highly literate population. The country was believed to be on the fast track to development. After a parliamentary government was formed in 1948, Prime Minister U Nu attempted to make Burma a welfare state and adopted central planning. Rice exports fell by two thirds and mineral exports by over 96%. Plans were partly financed by printing money, which led to inflation. The 1962 coup d'état was followed by an economic scheme called the Burmese Way to Socialism, a plan to nationalize all industries, with the exception of agriculture.
Weitere Informationen
- Allgemeine Informationen
- GTIN 09786130614812
- Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
- EAN 9786130614812
- Format Fachbuch
- Titel Economy of Burma
- Herausgeber Alphascript Publishing
- Anzahl Seiten 108
- Genre Wirtschaft
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