Burmese Leaders Slow to Move on Much Needed Economic Reforms

- Burma gains notice for its pro-democratic political reforms, (but)
efforts to boost economic development have been slower.
- Authorities in the resource-rich nation are eager to revive the
economy and take advantage of their location next to the Asian
powerhouses China and India.
- Rising consumer prices are testing the public's patience and hopes for change
- Sean Turnell at Sydney's Macquarie University says although there is
still a risk of social unrest if prices get out of control, the reform
environment is making people feel optimistic about the future.
- Despite the internal resistance to reform, Burma's new government is
seeking outside help from the International Monetary Fund and the
World Bank.
- Khin Maung Nyo, a retired official turned freelance economist in
Rangoon says U.S. and European economic sanctions against Burma are
limiting its access to global trade and technology and should be
lifted.
- Other economists argue the punitive measures should be gradually
lifted as a reward in step with Burma's reforms.

http://www.voanews.com/english/news/asia/Burmese-Leaders-Slow-to-Move-on-Much-Needed-Economic-Reforms-136656653.html