Alongside Myanmar’s political reforms tens of billions of dollars in foreign direct investment are flowing into the country. But investors chasing high returns have overwhelmed fragile, newly opened economies in the past. Rangoon’s undeveloped financial sector, fledgling commodities market, and weak governance structures warrant caution.

Unless the transition from pariah state to fledgling, albeit limited, democracy is well managed, Myanmar may end up dominated by oligarchs. A host of hard-to-control problems that only exacerbate social and economic inequality would follow. Myanmar has arrived at the crossroads where fast growth and balanced growth diverge.

Summary: http://brianpklein.com/wp/foreign-affairs-article-how-not-to-invest-in-myanmar/

You need to be a member of Global Risk Community to add comments!

Join Global Risk Community

Votes: 0
Email me when people reply –

Replies

  • A similar situation in Afghanistan exists, albiet compounded by the war.  Yet the documented facts show that too much foriegn capitol, and influence will push inflation/corruption in any region.  Similar to over farming/irrigation saline buildup, non rotation of crops, and fallow field methods.  (Mesopotamia, Imperial Valley etc.) Everything is subject to cycles. This is a basic precept of life. Observe the waves, and sets of waves, so you can move in and out in order to ride a good one, or get knocked to the bottom. The difference is that one bad farmer, or organization of farmers can ruin a valley for generations. But that's how it's always been done! Ya! Then the silly humans move somewhere else, make a dump, or whatever, Till  they move again. Is this because we are hardwired to be nomadic,/semi-nomadic, and haven't reached a mature group consciousness, that there is nowhere left to go? Food for thought!  You will be known by your actions, no matter how much PR you've got!  History is fiction! We are wired to know through stories. What do you want your story to be in 1,000 years or more! Tiberius, and his amusements on Capua, or Marcus Aurelius! Is self Discipline really that hard? Read the Meditations! If you don't know who wrote it by now, are you really as Educated as you believe you are?  Caligula thought he was the shis! How much he was loved!  Myanmar is a petrie dish! Less Party! More reflection,and Work!  EAM 

This reply was deleted.

[Free COVID-19 Framework] What's the path to recovery look like?

We created a free presentation (attached), which discusses both global and organizational impacts of the COVID-19 pandemic, along with critical actions organizations should take immediately. This presentation introduces a framework that helps regions and organizations navigate a path to recovery via 9 potential scenarios. These scenarios capture outcomes related to GDP impact, public health response, and economic policies. The presentation also breaks down 6 immediate and critical actions…

Read more…
4 Replies · Reply by Steve Diaz Jul 8, 2023
Views: 204

If risk management is about decision making, are current risk management solutions irrelevant?

Now that the updated COSO and ISO risk management standards emphasize a connection to enterprise objectives and decision making, does this mean ERM and GRC solutions focused on risk registers and regulatory compliance are missing the true value of risk management?Will current risk management solutions evolve to integrate more decision support functionality or will standalone prescriptive analytics and other technology solutions take a more prominent role in enabling risk-informed…

Read more…
3 Replies
Views: 129

A question related to classification of instruments between trading and banking book.

We have an interesting question from one of our members.       "We usually perform OTC FX transactions with clients backed-to-back on the market (with Banks). Now we are going to perform a FX swap (i.e. Spot + forward) JPY/EUR for the Bank account for 1 week at the longest. The purpose is to get EUR place @ CB for LCR compliance purpose (no trading purposes). Bank's Management think that this should be considered as a trading position and therefore be classified within the Bank's trading book.…

Read more…
5 Replies · Reply by Prisha Singh Dec 26, 2023
Views: 308

Plunging oil prices: curse or blessing in disguise?

The recent sudden crash of oil prices has had a major impact on the world economy, leading to many troubled faces in the international arena. The Russians fear the effects of yet another powerful hit on their economy, Venezuela seems to be considering default and the Americans are weary of the consequences for its young and emerging shale oil industry. And then you have the Middle East, where the smallest match is enough to ignite the largest fire. But are these worries really justified or…

Read more…
1 Reply
Views: 90

Introducing the Global Risk Series - Book 1 Risk Management How Tos

Dear GlobalRisk Community member, Our community’s mission is to foster business, networking and educational explorations among members. Learn from some of the top experts in the industry as they clearly explain how to approach the most important Risk management concepts. Check out their expert tips and use the link at the end of each article to navigate back to the website to leave your comment or ask a question.   Some of the topics include: How do you Explain Risk Appetite?  How to Prepare a…

Read more…
16 Replies · Reply by GlobalRiskCommunity Mar 21
Views: 888

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!

lead