April 29, 2016

What Hong Kong can contribute to a rising Myanmar

Whenever Myanmar made news over the past few months, pundits focused on the country’s astonishing political transition.

Clad in longyis (Burmese sarong) and ethnic dress, Myanmar’s MPs convened the first elected parliament since 1962.

But will these spectacular political developments translate into an economic miracle that is needed to lift Myanmar out of poverty?

Even in Yangon, Myanmar’s largest and most dynamic city, the economic growth of the last five years has been strikingly uneven.

Despite the mushrooming of shopping malls, condos and chic bistros, most of the city’s population remains desperately poor.

There are untold stories of deprivation in Yangon’s slums. (Courtesy of ejinsight.com)

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