Sign In
Not register? Register Now!
Essay Available:
Pages:
5 pages/≈1375 words
Sources:
Check Instructions
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 21.6
Topic:

Political and Economic Reforms in Myanmar. Business & Marketing Essay

Essay Instructions:

International Trade & Investment
CASE 1 Written Assignment: Spring 2020
CASE: “Political and Economic Reforms in Myanmar” (See Messages & Resources)
Read the above case and use the following questions below to guide you in completing this assignment.
Background
The Myanmar case above illustrates the kind of economic and political environment in which business activities, including trade and investments, are carried out in different economies and markets worldwide.
The case reveals the nature of economic and political systems that have prevailed in Myanmar since the 1960s. Part I of the course is devoted to understanding economic environments and the types of economic systems adopted by countries.
Firms and other organizations operating in specific economic and political environments and systems face a variety of opportunities as well as risks and threats.
The Assignment
I. Describe the economic and political environment of Myanmar over the years until the time of this case. Use appropriate terms introduced in the text and in class to describe the type of economic and political system prevailing in Myanmar during the period.

II. What are the current major areas of business opportunities for firms in specific industry/industries in Myanmar, using information from the case.

Information on business opportunities should focus on a) specific economic indicators and industries or sectors mentioned in the case and b) from additional sources of data from your own search on current information on Myanmar.
The following are specific information that provide insight into business opportunities in Myanmar and other countries:
• Growth rates in the Gross Domestic Product (GDP) of Myanmar (Information in the case and the most recent years available e.g. from 2012 to 2019)
• GDP per capita (2012 -2019, or the most recent year information is available)
• Any two additional economic or investment data a manager would consider as an attractive feature of a country. Limit your information to no more than four (4) economic indicators, including the above two.
Suggested Sources: textbook, www(dot)worldbank(dot)org; www(dot)imf(dot)org; www(dot)cia(dot)gov/factbook
III. Based on the above information on the economic and political environment, what do you consider to be:
The key problems or challenges a firm from the United States (or any other country of your choice identified by name) will be confronted with when entering and conducting business today in Myanmar?
Identify these problems in terms of specific risks and/or threats a company doing business would face in Myanmar. Refer to the definition of political and economic risks introduced in this course, both in the text and in class discussions.
IV. If you were a manager or an executive of a business or other organization, what recommendations would you make about potential trade and investment in Myanmar in the short and/or long term, say five or more years from now? Explain your choice.
Submission Format and Requirements:
- The structure of your written presentation should reflect the above components of the assignment. Hence, students should make an effort to use headings in a format of a paper with different sections to highlight the above components of this assignment.
- The case should be written in 4 to 6 pages (No more than six (6) pages, including sources and references), 1.5 line spacing and 12 font letter size in a Word or PDF document.
- As indicated in our syllabus, this assignment is due on,
Friday, March 13th, 2020, end of day (This is a revised submission date; see Messages)

Essay Sample Content Preview:

Political and Economic Reforms in Myanmar
Name
Institutional Affiliation
Political and Economic Reforms in Myanmar
Economic and Political Environment of Myanmar
Myanmar’s military is a dominant force in the country's political and economic environment (The Central Intelligence Agency, 2020). After gaining independence from the British, Myanmar has been predominantly ruled by the military. It started with the 1962 coup by military general Ne Win under the Burma Socialist Program Party (BSPP). The era of General Ne Win was marked by violent political suppressions that led to many deaths, which included university students. This political instability caused the economic isolation of Myanmar by Western governments, with many of their corporations pulling out of the country. Further, the socialist economic system during the Ne Win regime significantly impoverished the country (Masina, 2015). The official military government State Peace and Development Council (SPDC) later overthrew the BSPP which began its rule in the late 1980s and continued until 2011, after the election of a more civilian government (Masina, 2015). The SPDC, however, promoted more foreign direct investment in Myanmar. The SPDC was controlled by over ten military officers who wielded significant power. During their regime, the SPDC violated human rights (Huang, 2013). 
The five-decade military rule in Myanmar led to sanctions by foreign nations such as the US and the EU. As a result, the country continued to rely heavily on China as an external partner. The sanctions continued to take a considerable toll on Myanmar's failing economy, leading to calls for regime change. The political protests in the country triggered the passing of a new constitution in 2008, which favored military interests. Since the 2011s, Myanmar has continued to enjoy the liberalization of its economy. Various economic reforms have resulted in increased foreign direct investments hence economic growth (Masina, 2015). The 2015 election of a non-military president, that is Htin Kyaw, under the National League for Democracy (NLD) was a significant step in the journey for political reform. The polls were considered open. Despite the loss of power, the military still holds considerable influence in Myanmar politics and will continue to limit any far-reaching transition. Further, the constitution has made total regime change in Myanmar a real challenge (Masina, 2015). In the case of any constitutional amendments, the military continues to enjoy veto power. The military has driven the political system and portraying itself as a symbol of enhancing national unity and protecting of Myanmar's sovereignty.
Major areas of business opportunities in Myanmar
Since the economic liberalization of Myanmar in 2011 led by President Thein Sein’s government, various sectors of the economy have opened up (The Central Intelligence Agency, 2020). Through new government policies and regulations, the country is creating an investor-friendly environment. Some of the key business opportunities include energy, agriculture, and telecommunication. The energy sector offers significant investment opportunities due to two factors. First, the Burmese government has a long-term goal of co...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
Order

👀 Other Visitors are Viewing These APA Essay Samples:

HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!
Order Now