Remnants of the Colonial Period and Economic Policies of Post-Independence: Through the Study of Hla Myint


In 2008, 20 years after the Socialist Constitution of Myanmar had been suspended, a new constitution was enacted; in November 2010 a general election was held, and in March 2011 the reformist candidate Thein Sein became president. Myanmar was finally on its way to becoming a democratic nation with a market economy. The year 2012 may well have been the second point of national foundation. With the land law reform and the transition to a managed floating currency exchange system, the legal system that had been maintained for nearly 60 years was experiencing reform. In fact, the slogan for 2013 was ‘Let’s build the country with the power of the people’. Against this backdrop, this chapter will review the first point of national foundation, when the country gained its independence from British rule and began its ascent as a modern nation. This chapter will also review the essence of economic policies through and immediately following the socialist era, with a focus on academic contributions by Professor Hla Myint.


Foreign Exchange Foreign Trade Economic Planning Rice Mill Colonial Period 
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Copyright information

© JICA Research Institute 2016

Authors and Affiliations

  1. 1.Faculty of EconomicsAsia UniversityTokyoJapan

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