The World Factbook about Burma Burma has a mixed economy with private activity dominant in agriculture, light industry, and transport, and with substantial state-controlled activity, mainly in energy, heavy industry, and the rice trade. Government policy in the last nine years, 1989-97, has aimed at revitalizing the economy after three decades of tight central planning. Published estimates of Burma's foreign trade are greatly understated because of the volume of black-market trade. A major ongoing problem is the failure to achieve monetary and fiscal stability. Although Burma remains a poor Asian country, its rich resources furnish the potential for substantial long-term increases in income, exports, and living standards.
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