» 08/21/2012, 00.00
World Bank: Strategies for the development of Myanmar
The 18-month program aims to support the reform process initiated by the government and ensure stability. The three pillars are: the transformation of institutions, confidence and future investments. Peace with ethnic minorities in border areas essential. The cooperation of the Asian Development Bank and the International Monetary Fund.
- A strategy for the short to medium term to support the process of reform of
the Burmese government and promote economic growth, opening the doors to new
foreign investments. This is contained in a study prepared by the World Bank
here to read the entire document), in response to calls advanced in recent
weeks by representatives of civil society and leaders of ethnic groups, on
future prospects for international development and investment in Myanmar. It
has three primary objectives: to support the process of transformation of
institutions, lay the foundation for greater confidence and pave the way for
future investments, relying on the cooperation of other institutions such as
the Asian Development Bank (ADB) and the International Monetary Fund (IMF).
The World Bank plan covers an 18 month period and examines, first, the three
major changes initiated by the new civilian government of Burma: the transition
from a military regime to a democratic system, the transition from a
centralized to open market, an end to decades of wars against minorities in
border areas. It will promote these three major reforms, also looking to the
objectives set by the Naypyidaw executive, including agricultural development,
a balanced and inclusive growth, improving quality standards.
The first of the big three "pillars" for development in Myanmar
regards the "transformation of the institutions", which will lead to
the improvement of government, the creation of jobs, development of the private
sector with greater public transparency .
Secondly, building an atmosphere of "trust" around the country, so
the path of reforms can help strengthen economic and social development. Thus
peace must be brought to areas still subject to conflict and measures put in
place to support the population, giving more and more power to civil society
and its representatives.
Finally, the "preparation of a future path" with particular attention
on the census to be carried out by 2015 and the preparation of a serious
investigation on household spending.
Finally, the experts of the World Bank recall the risks associated with the
project of reform and that can slow down - or stop - the growth of the country.
Among these is the "fragility" of the system, the "resumption of
conflict," the "instability" of the banking system, the risk
that expectations are "frustrated" and "non-optimization"
of reforms, limited to the scope of the social context in relation to
The flow of foreign investment and the objectives of the major international
institutions concern Burmese exiles, however, for years engaged in the struggle
for democracy and respect for human rights in Myanmar. In a recent interview
with AsiaNews Aye Chan Naing, editor
of the dissident website Democratic Voice
of Burma (DVB), said that "no one can stop the flow of
investment," but he hopes that the entry of Western companies can bring
"a greater level in terms of workers' rights." Previously Tin
Swe, a representative of the National League for Democracy (NLD) in India,
said that material wealth "is not the only aspiration" because what
really matters for Myanmar is "the prosperity of the whole population and
a life lived with full dignity. "
Financial world lauds Burmese economic boom. Silence on human rights
2014-15 forecasts for Myanmar put growth at 8.5%, higher than all the countries in East Asia, including China. For the Asian Bank, the data will peak at 9.5% by 2030. Inflation must be kept under control, essential to promote infrastructure. But behind the facade of optimism there is a situation of violations of freedom, abuse and exploitation.
Yangon, by 2040 a "megacity" of 10 million inhabitants
Project outlined by planners, officials and entrepreneurs gathered at the 2013 Urban Development Conference. From decadent reality to symbol of Burmese development, while maintaining the historic areas. However, lack of foreign investment and increasing conflicts over land.
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In April, more than 20 production blocks off the coast will be sold to the highest bidder. The Burmese government intends to attract capital from abroad, but also must deal with their own needs. With the old military contracts, about 80% of the production ended up abroad. Aung San Suu Kyi: economic reforms in tandem with the confidence of investors.
Energy, a key sector for economic growth in Burma
Foreign investments in capital and know-how fundamental. In 2012 record in foreign investment in the country, carried along by oil giants. By year's end the government will auction off areas rich in oil and natural gas. Indian expert: "Myanmar is largely underestimated."
Burmese President pardons 56 political prisoners
The release coincides with the start of the ASEAN summit and a new series of interviews with representatives of the Kachin ethnic group . Thein Sein intends to reach a peace agreement to gain further international credibility . Head of state promises release of all prisoners of conscience by the end of year.
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