Title: Banking on Myanmar
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.
Subjects: Economic conditions, Economic policy, Fiscal policy
Places: Burma