Since Burma (also known as Myanmar) began to re-engage with the outside world in 2010, the country has made great strides in liberalizing politically and economically. The military junta has stepped back from running the country, former leading general Thein Sein has accepted defeat after contentious 2015 elections, and the government is now in the hands of National League for Democracy (NDL).
Since officially gaining power in 2016, the NDL has worked to empower its Nobel-Laureate leader, Aung San Suu Kyi, by creating the post of State Counsellor for her, as she is barred by the Constitution from holding the Presidency. Ms. Kyi has shown every intention of further reforming Burma, starting with the recent freeing of its few remaining political prisoners.
Due to Burma’s ongoing economic liberalization, natural resources, and geographic positioning, it has the potential to experience prolonged and rapid growth. While not without risks, Burma offers international investors many new opportunities in 2016. (Courtesy of Global Risk Insights)
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