Banking on Myanmar
Subtitle: a strategy for financial sector reform
By: Vikram Nehru
Contributors: Carnegie Endowment for International Peace
Publisher: Carnegie Endowment for International Peace
Published: 2014
Place of publication: Washington, DC
Language: eng
Subjects: Economic conditions; Economic policy; Fiscal policy
Description: Once the envy of Asia, Myanmar's financial sector is now a shadow of its former self. After decades of misguided junta-led strategies, state ownership, and policy shocks, confidence in cash as a safe asset and banks as trustworthy institutions has evaporated. Finance is a binding constraint on Myanmar's future development. The government needs a reform strategy that supports the financial sector's rapid development while ensuring its stability, efficiency, and accessibility.
Notes: "June 5, 2014."

Includes bibliographical references.