2014 Myanmar Enterprise Survey : Country Highlights

2014 Myanmar Enterprise Survey : Country Highlights

Private sector firms in Myanmar have reported spectacular sales growth since the onset of a series of government-initiated policy reforms in 2011. A 24 percent real annual sales growth rate puts Myanmar in the fastest growing private sectors as mea...

Full description

Bibliographic Details
Main Author: World Bank Group
Format: Working Paper
Language:English
en_US
Published: Washington, DC 2014
Subjects:
ACCESS TO CREDIT
ACCESS TO FINANCE
ACCESS TO FINANCIAL SERVICES
BANK LOAN
BANKS
BRIBE
BUSINESS ENVIRONMENT
BUSINESS OWNERS
BUSINESSES
COMPETITORS
CORRUPTION
CUSTOMS
ECONOMIC ACTIVITY
ELECTRICITY
EMPLOYMENT
EMPLOYMENT GROWTH
EMPLOYMENT GROWTH RATE
ENTERPRISE SURVEY
ENTERPRISE SURVEYS
ENTREPRENEURS
FINANCE ACCESS
FIRM PERFORMANCE
FOREIGN INVESTMENT
GROWTH RATE
HUMAN CAPITAL
INCOME
LABOR REGULATIONS
LICENSES
LICENSING
PERFORMANCE MEASURES
PRIVATE FIRMS
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR FIRMS
PRIVATE SECTORS
SALES GROWTH
SAVINGS
SAVINGS ACCOUNT
SKILLED LABOR
TAX
TAX RATES
WORKERS
Online Access:http://documents.worldbank.org/curated/en/2014/07/20368329/enterprise-surveys-myanmar-country-highlights-2014
http://hdl.handle.net/10986/20877
Description
Summary:Private sector firms in Myanmar have reported spectacular sales growth since the onset of a series of government-initiated policy reforms in 2011. A 24 percent real annual sales growth rate puts Myanmar in the fastest growing private sectors as measured by Enterprise Surveys (ES). The employment growth rate is positive but lower than the average of the economies in East Asia and Pacific (EAP). Importantly, this remarkable sales growth took place despite great hurdles (see below), which is suggestive of continued growth that could be unlocked by further reforms. As Myanmar continues to open up to foreign investment, this growth will likely continue.

Similar Items