Burma Road to Capitalism

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A01=Mya Maung
Author_Mya Maung
Category=JPHC
Category=KCP
Economics: International
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eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics

Product details

  • ISBN 9780275962166
  • Weight: 680g
  • Dimensions: 156 x 235mm
  • Publication Date: 27 Aug 1998
  • Publisher: Bloomsbury Publishing Plc
  • Publication City/Country: US
  • Product Form: Hardback
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In light of recent debates and studies on what political scientists call developmental authoritarianism and what some economists consider the East Asian model of economic growth, this book analyzes and evaluates Burma's economic performance under military management. It considers the relationship between democracy and economic growth, especially the thesis advanced by Asian authoritarian leaders that sociopolitical stability and discipline must be established as a prerequisite to economic development. Based upon empirical and historical facts, the book shows that the present military regime's denial of democracy to the people and its ostentatious economic reforms have not promoted real economic growth and human development in Burma. That regime, the State Law and Order Restoration Council (SLORC), consists of poorly educated power-driven rulers. The book underscores that Burma's lack of economic development, despite its rich natural resources, lies in the regime's misuse of both human capital and those natural resources. They have depressed the country's social capability for past, present, and future economic development.
MYA MAUNG is Professor of Finance in the Wallace E. Carroll School of Management at Boston College. He has done extensive empirical research and written several articles on Burma and other developing countries. He is the author of The Burma Road to Poverty (Praeger, 1991) and Totalitarianism in Burma: Prospects for Economic Development (1992).

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