In Which Industries to Invest? Aligning Market and Development Incentives in Myanmar

摘要

This paper argues that fostering economic activity and facilitating investment in new and more productive industries will best advance inclusive economic growth in Myanmar. With a focus on the role of structural transformation, this paper presents a model describing how this can best be facilitated. We emphasize the use of strategies that push towards diversification, particularly in the direction of more productive economic activities. This paper also presents a methodology to identify diversification opportunities based on trade data.