2014 Myanmar Enterprise Survey : Country Highlights
Private sector firms in Myanmar have reported spectacular sales growth since the onset of a series of government-initiated policy reforms in 2011. A 24 percent real annual sales growth rate puts Myanmar in the fastest growing private sectors as measured by Enterprise Surveys (ES). The employment growth rate is positive but lower than the average of the economies in East Asia and Pacific (EAP). Importantly, this remarkable sales growth took place despite great hurdles (see below), which is suggestive of continued growth that could be unlocked by further reforms. As Myanmar continues to open up to foreign investment, this growth will likely continue.
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| Format: | Working Paper biblioteca |
| Language: | English en_US |
| Published: |
Washington, DC
2014-07-18
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| Subjects: | ACCESS TO CREDIT, ACCESS TO FINANCE, ACCESS TO FINANCIAL SERVICES, BANK LOAN, BANKS, BRIBE, BUSINESS ENVIRONMENT, BUSINESS OWNERS, BUSINESSES, COMPETITORS, CORRUPTION, CUSTOMS, ECONOMIC ACTIVITY, ELECTRICITY, EMPLOYMENT, EMPLOYMENT GROWTH, EMPLOYMENT GROWTH RATE, ENTERPRISE SURVEY, ENTERPRISE SURVEYS, ENTREPRENEURS, FINANCE ACCESS, FIRM PERFORMANCE, FOREIGN INVESTMENT, GROWTH RATE, HUMAN CAPITAL, INCOME, LABOR REGULATIONS, LICENSES, LICENSING, PERFORMANCE MEASURES, PRIVATE FIRMS, PRIVATE SECTOR, PRIVATE SECTOR DEVELOPMENT, PRIVATE SECTOR FIRMS, PRIVATE SECTORS, SALES GROWTH, SAVINGS, SAVINGS ACCOUNT, SKILLED LABOR, TAX, TAX RATES, WORKERS, |
| Online Access: | http://documents.worldbank.org/curated/en/2014/07/20368329/enterprise-surveys-myanmar-country-highlights-2014 http://hdl.handle.net/10986/20877 |
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| Summary: | Private sector firms in Myanmar have
reported spectacular sales growth since the onset of a
series of government-initiated policy reforms in 2011. A 24
percent real annual sales growth rate puts Myanmar in the
fastest growing private sectors as measured by Enterprise
Surveys (ES). The employment growth rate is positive but
lower than the average of the economies in East Asia and
Pacific (EAP). Importantly, this remarkable sales growth
took place despite great hurdles (see below), which is
suggestive of continued growth that could be unlocked by
further reforms. As Myanmar continues to open up to foreign
investment, this growth will likely continue. |
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