Why Myanmar will adopt a more open trade policy : a political economy analysis.

• Main Author: Lim, David Shi Hao.
• Other Authors: Deborah Kay Elms
• Format: Theses and Dissertations
• Language: English
• Published: 2013
• Subjects: DRNTU::Humanities
• Online Access: http://hdl.handle.net/10356/55176
• Institution: Nanyang Technological University

Using a political economy approach, this paper suggests that Myanmar will adopt a more open trade policy than is presently the case. This is because it is in the interests of politically powerful societal and state actors-the top military leadership, the President and the legislature-to do so for reasons of state development and political survival. I also find that there are other societal actors like the cronies of the previous military regime, certain elements of the military and ethnic minority elites who may be against an open trade policy as this reduces the benefits that they derive from rent seeking opportunities in a closed economy. But because these actors have weaker political power, they will likely fail to oppose moves for a more open trade policy. Instead, the cronies may make the best of this situation and attempt to increase their economic domination in post-reform Myanmar. While conservative military elements; and regional army commanders and their network of business and minority elite allies in the borderlands may cling on to their rent seeking efforts, this will only have a marginal effect and will not significantly alter Myanmar's overall move towards a more open trade policy.