Tuesday, August 21, 2012

Economy - Voice of America: Economists Warn Burma Against Breaks For Foreign Investors

Economy - Voice of America
economy-and-business
Economists Warn Burma Against Breaks For Foreign Investors
Aug 21st 2012, 12:55

BANGKOK — Burma is drafting a foreign investment law to usher in a flood of foreign capital aimed at helping the country emerge from decades of poverty and isolation.  But, economists warn the law, as drafted, has problems.   A half century of military rule, and mismanagement nearly destroyed Burma's economy.   The civilian government that replaced military rule in 2010 is making efforts to restore growth by encouraging foreign investment.   But, Burma's lawmakers this ...

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