Myanmar Investment Climate Assessment : Sustaining Reforms in a Time of Transition

This is the first investment climate assessment (ICA) for Myanmar. The main objectives of this ICA are to: (i) provide an up-to-date and fact-based analysis of the business environment for the government and other stakeholders in Myanmar to help pr...

Full description

Bibliographic Details
Main Author: World Bank Group
Format: Economic & Sector Work
Language:English
en_US
Published: Washington, DC 2015
Subjects:
TAX
Online Access:http://documents.worldbank.org/curated/en/2015/01/23978308/myanmar-investment-climate-assessment-sustaining-reforms-time-transition
http://hdl.handle.net/10986/21596
id okr-10986-21596
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO FINANCE
ACCESS TO MARKETS
ACCOUNTING
AGRICULTURAL DEVELOPMENT BANK
APPLICATION PROCEDURE
ASSET FINANCING
ASSET RATIO
BANK ACCOUNT
BANK ACCOUNTS
BANK ASSETS
BANK BORROWING
BANK FINANCING
BANK SUPERVISION
BANKING CRISIS
BANKING INDUSTRY
BANKING INSTITUTIONS
BANKING SECTOR
BANKING SUPERVISION
BANKING SYSTEM
BANKRUPTCY
BANKS
BOND
BOND ISSUANCE
BORROWING
BRIBE
BRIBES
BUSINESS ACTIVITIES
BUSINESS ACTIVITY
BUSINESS CENSUS
BUSINESS ENVIRONMENT
BUSINESS LOAN
BUSINESS LOANS
BUSINESS OWNERS
BUSINESS REGULATION
CAPACITY BUILDING
CENTRAL BANK
CHAMBER OF COMMERCE
CHAMBERS OF COMMERCE
COLLATERAL
COLLATERAL REGISTRATION
COLLATERAL REGISTRIES
COLLATERAL REQUIREMENT
COLLATERAL REQUIREMENTS
COLLATERAL RESTRICTIONS
COMMODITY
COMMODITY EXPORTS
COMMODITY PRICES
COMPANY LAW
COOPERATIVES
CORRUPTION
CREDIBILITY
CREDIT BUREAU
CREDIT FACILITIES
CREDIT INFORMATION
CREDIT INFORMATION SYSTEM
CURRENCY
DATA AVAILABILITY
DEBT
DEBT FINANCING
DEBT INSTRUMENTS
DEPOSIT
DEPOSIT PRODUCTS
DEPOSITORS
DEPOSITS
DOMESTIC BANKING
ECONOMIC ACTIVITY
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC POLICY
EDUCATION SYSTEM
EMPLOYER
EMPLOYERS
EMPLOYMENT GROWTH
ENABLING ENVIRONMENT
ENDOWMENTS
EQUAL ACCESS
EQUITY FINANCING
ETHNIC MINORITY
EXCHANGE RATE
EXPENDITURE
EXPORT EARNINGS
EXPORT GROWTH
EXPORTER
EXTERNAL FUNDS
FINANCE ACCESS
FINANCE CONSTRAINTS
FINANCE CORPORATION
FINANCIAL INFRASTRUCTURE
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKET
FINANCIAL RESOURCES
FINANCIAL SECTOR
FINANCIAL SECTOR REFORMS
FINANCIAL SUPPORT
FINANCIAL SYSTEM
FINANCING NEEDS
FISCAL DEFICIT
FIXED ASSET
FIXED ASSETS
FLOATING EXCHANGE RATE
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN FIRMS
FORM OF COLLATERAL
FORMS OF COLLATERAL
FREEDOM OF INFORMATION
GENDER
GENDER ROLES
GLOBAL ECONOMY
GLOBAL MARKETS
GOVERNMENT POLICIES
GOVERNMENT POLICY
GOVERNMENT REGULATIONS
GROWTH IN TRADE
GUARANTEE AGENCY
HOLDING
HOLDINGS
HOUSEHOLDS
INFLATION
INFORMAL ECONOMY
INTEREST RATE
INTEREST RATE CAP
INTEREST RATE CAPS
INTEREST RATE CEILING
INTEREST RATES
INTERNAL FUNDS
INTERNATIONAL COOPERATION
INTERNATIONAL DEVELOPMENT
INTERNATIONAL FINANCE
INTERNATIONAL INTEREST
INTERNATIONAL STANDARDS
INVESTMENT CLIMATE
INVESTMENT LOANS
INVESTMENT POLICY
INVESTMENT PURPOSES
LABOR FORCE SURVEY
LABOR MARKET
LACK OF ACCESS
LACK OF TRANSPARENCY
LAND AS COLLATERAL
LAND ISSUES
LAND POLICY
LAND RECORD
LAND TITLES
LIABILITY
LIBERALIZATION OF INTEREST
LIBERALIZATION OF TRADE
LINE OF CREDIT
LINES OF CREDIT
LOAN
LOAN APPLICATION
LOAN APPLICATION PROCEDURES
LOAN MATURITIES
LOAN MATURITY
LOAN PRODUCTS
LOAN SIZES
LOAN-TO-DEPOSIT RATIO
MARKET CONDITIONS
MARKET DEVELOPMENT
MARKET ECONOMY
MARKET INFRASTRUCTURE
MARKET MECHANISMS
MARKET PARTICIPANTS
MATURITY
MATURITY STRUCTURE
MFIS
MICROENTERPRISES
MICROFINANCE
MICROFINANCE INSTITUTIONS
MICROFINANCE SECTOR
MONEY MARKET
MORTGAGES
PERSONAL FINANCE
PERSONAL LOAN
PERSONAL LOANS
POWER OUTAGES
PRIVATE BANK
PRIVATE BANKS
PRIVATE CREDIT
PRIVATE SECTOR BANKS
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR GROWTH
PRIVATIZATION
PRODUCTION CAPACITY
PROPERTY RIGHTS
PUBLIC FUNDS
PUBLIC-PRIVATE PARTNERSHIP
REFORM PROGRAM
REGISTRATION SYSTEMS
REGULATOR
REGULATORY FRAMEWORK
REGULATORY SYSTEM
REMITTANCE
RENEWABLE ENERGY
RESERVES
RETURN
RISK MANAGEMENT
SALES GROWTH
SECURITIES
SETTLEMENT
SKILLED WORKERS
SMALL BUSINESSES
SMALL ENTERPRISES
SOURCE OF FUNDS
STATE BANKS
STOCK MARKET
SUSTAINABLE DEVELOPMENT
TAX
TAX RATES
TAX SYSTEM
TERM DEPOSIT
TERMS OF LOAN
TRADE CREDIT
TRADING
TRANSACTION
TRANSPARENCY
TRANSPARENCY INITIATIVE
UNION
WOMEN OWNERS
WORKING CAPITAL
WORLD ECONOMY
spellingShingle ACCESS TO FINANCE
ACCESS TO MARKETS
ACCOUNTING
AGRICULTURAL DEVELOPMENT BANK
APPLICATION PROCEDURE
ASSET FINANCING
ASSET RATIO
BANK ACCOUNT
BANK ACCOUNTS
BANK ASSETS
BANK BORROWING
BANK FINANCING
BANK SUPERVISION
BANKING CRISIS
BANKING INDUSTRY
BANKING INSTITUTIONS
BANKING SECTOR
BANKING SUPERVISION
BANKING SYSTEM
BANKRUPTCY
BANKS
BOND
BOND ISSUANCE
BORROWING
BRIBE
BRIBES
BUSINESS ACTIVITIES
BUSINESS ACTIVITY
BUSINESS CENSUS
BUSINESS ENVIRONMENT
BUSINESS LOAN
BUSINESS LOANS
BUSINESS OWNERS
BUSINESS REGULATION
CAPACITY BUILDING
CENTRAL BANK
CHAMBER OF COMMERCE
CHAMBERS OF COMMERCE
COLLATERAL
COLLATERAL REGISTRATION
COLLATERAL REGISTRIES
COLLATERAL REQUIREMENT
COLLATERAL REQUIREMENTS
COLLATERAL RESTRICTIONS
COMMODITY
COMMODITY EXPORTS
COMMODITY PRICES
COMPANY LAW
COOPERATIVES
CORRUPTION
CREDIBILITY
CREDIT BUREAU
CREDIT FACILITIES
CREDIT INFORMATION
CREDIT INFORMATION SYSTEM
CURRENCY
DATA AVAILABILITY
DEBT
DEBT FINANCING
DEBT INSTRUMENTS
DEPOSIT
DEPOSIT PRODUCTS
DEPOSITORS
DEPOSITS
DOMESTIC BANKING
ECONOMIC ACTIVITY
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC POLICY
EDUCATION SYSTEM
EMPLOYER
EMPLOYERS
EMPLOYMENT GROWTH
ENABLING ENVIRONMENT
ENDOWMENTS
EQUAL ACCESS
EQUITY FINANCING
ETHNIC MINORITY
EXCHANGE RATE
EXPENDITURE
EXPORT EARNINGS
EXPORT GROWTH
EXPORTER
EXTERNAL FUNDS
FINANCE ACCESS
FINANCE CONSTRAINTS
FINANCE CORPORATION
FINANCIAL INFRASTRUCTURE
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKET
FINANCIAL RESOURCES
FINANCIAL SECTOR
FINANCIAL SECTOR REFORMS
FINANCIAL SUPPORT
FINANCIAL SYSTEM
FINANCING NEEDS
FISCAL DEFICIT
FIXED ASSET
FIXED ASSETS
FLOATING EXCHANGE RATE
FOREIGN BANKS
FOREIGN DIRECT INVESTMENT
FOREIGN FIRMS
FORM OF COLLATERAL
FORMS OF COLLATERAL
FREEDOM OF INFORMATION
GENDER
GENDER ROLES
GLOBAL ECONOMY
GLOBAL MARKETS
GOVERNMENT POLICIES
GOVERNMENT POLICY
GOVERNMENT REGULATIONS
GROWTH IN TRADE
GUARANTEE AGENCY
HOLDING
HOLDINGS
HOUSEHOLDS
INFLATION
INFORMAL ECONOMY
INTEREST RATE
INTEREST RATE CAP
INTEREST RATE CAPS
INTEREST RATE CEILING
INTEREST RATES
INTERNAL FUNDS
INTERNATIONAL COOPERATION
INTERNATIONAL DEVELOPMENT
INTERNATIONAL FINANCE
INTERNATIONAL INTEREST
INTERNATIONAL STANDARDS
INVESTMENT CLIMATE
INVESTMENT LOANS
INVESTMENT POLICY
INVESTMENT PURPOSES
LABOR FORCE SURVEY
LABOR MARKET
LACK OF ACCESS
LACK OF TRANSPARENCY
LAND AS COLLATERAL
LAND ISSUES
LAND POLICY
LAND RECORD
LAND TITLES
LIABILITY
LIBERALIZATION OF INTEREST
LIBERALIZATION OF TRADE
LINE OF CREDIT
LINES OF CREDIT
LOAN
LOAN APPLICATION
LOAN APPLICATION PROCEDURES
LOAN MATURITIES
LOAN MATURITY
LOAN PRODUCTS
LOAN SIZES
LOAN-TO-DEPOSIT RATIO
MARKET CONDITIONS
MARKET DEVELOPMENT
MARKET ECONOMY
MARKET INFRASTRUCTURE
MARKET MECHANISMS
MARKET PARTICIPANTS
MATURITY
MATURITY STRUCTURE
MFIS
MICROENTERPRISES
MICROFINANCE
MICROFINANCE INSTITUTIONS
MICROFINANCE SECTOR
MONEY MARKET
MORTGAGES
PERSONAL FINANCE
PERSONAL LOAN
PERSONAL LOANS
POWER OUTAGES
PRIVATE BANK
PRIVATE BANKS
PRIVATE CREDIT
PRIVATE SECTOR BANKS
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR GROWTH
PRIVATIZATION
PRODUCTION CAPACITY
PROPERTY RIGHTS
PUBLIC FUNDS
PUBLIC-PRIVATE PARTNERSHIP
REFORM PROGRAM
REGISTRATION SYSTEMS
REGULATOR
REGULATORY FRAMEWORK
REGULATORY SYSTEM
REMITTANCE
RENEWABLE ENERGY
RESERVES
RETURN
RISK MANAGEMENT
SALES GROWTH
SECURITIES
SETTLEMENT
SKILLED WORKERS
SMALL BUSINESSES
SMALL ENTERPRISES
SOURCE OF FUNDS
STATE BANKS
STOCK MARKET
SUSTAINABLE DEVELOPMENT
TAX
TAX RATES
TAX SYSTEM
TERM DEPOSIT
TERMS OF LOAN
TRADE CREDIT
TRADING
TRANSACTION
TRANSPARENCY
TRANSPARENCY INITIATIVE
UNION
WOMEN OWNERS
WORKING CAPITAL
WORLD ECONOMY
World Bank Group
Myanmar Investment Climate Assessment : Sustaining Reforms in a Time of Transition
geographic_facet East Asia and Pacific
Myanmar
description This is the first investment climate assessment (ICA) for Myanmar. The main objectives of this ICA are to: (i) provide an up-to-date and fact-based analysis of the business environment for the government and other stakeholders in Myanmar to help prioritize and contextualize the reform agenda, and (ii) to offer a baseline for future assessments of progress in terms of the investment climate reform agenda. As requested by the government, the Myanmar ICA will directly support the ongoing reform program. The government has requested an analytical foundation for the ongoing reform program, and a means for prioritizing the legal and institutional changes that are currently being initiated. This ICA is based on the 2014 Myanmar enterprise survey (ES). The Myanmar ICA provides a comprehensive analysis of the country's ES. The ES in Myanmar was carried out between February and April 2014, although significant work preceded and followed the survey itself. This ICA report is organized into four chapters. The first chapter provides an introduction into the context of Myanmar's challenges in terms of the overall economy and the investment climate in particular. The second chapter analyzes the main constraints faced by firms operating in Myanmar today, in particular the constrained access to inputs like finance, land, electricity, and skilled workers. The third chapter looks at policies the government has in place for overseeing the economy, such as firm regulations and taxation. The fourth and concluding chapter provides policy recommendations that follow from the analysis, in terms of the process of reform and the specific reform steps needed over the short and medium terms. The annex to this report provides details on the methodology of the ES.
format Economic & Sector Work
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Myanmar Investment Climate Assessment : Sustaining Reforms in a Time of Transition
title_short Myanmar Investment Climate Assessment : Sustaining Reforms in a Time of Transition
title_full Myanmar Investment Climate Assessment : Sustaining Reforms in a Time of Transition
title_fullStr Myanmar Investment Climate Assessment : Sustaining Reforms in a Time of Transition
title_full_unstemmed Myanmar Investment Climate Assessment : Sustaining Reforms in a Time of Transition
title_sort myanmar investment climate assessment : sustaining reforms in a time of transition
publisher Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/01/23978308/myanmar-investment-climate-assessment-sustaining-reforms-time-transition
http://hdl.handle.net/10986/21596
_version_ 1764448721020387328
spelling okr-10986-215962021-04-23T14:04:03Z Myanmar Investment Climate Assessment : Sustaining Reforms in a Time of Transition World Bank Group ACCESS TO FINANCE ACCESS TO MARKETS ACCOUNTING AGRICULTURAL DEVELOPMENT BANK APPLICATION PROCEDURE ASSET FINANCING ASSET RATIO BANK ACCOUNT BANK ACCOUNTS BANK ASSETS BANK BORROWING BANK FINANCING BANK SUPERVISION BANKING CRISIS BANKING INDUSTRY BANKING INSTITUTIONS BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BANKS BOND BOND ISSUANCE BORROWING BRIBE BRIBES BUSINESS ACTIVITIES BUSINESS ACTIVITY BUSINESS CENSUS BUSINESS ENVIRONMENT BUSINESS LOAN BUSINESS LOANS BUSINESS OWNERS BUSINESS REGULATION CAPACITY BUILDING CENTRAL BANK CHAMBER OF COMMERCE CHAMBERS OF COMMERCE COLLATERAL COLLATERAL REGISTRATION COLLATERAL REGISTRIES COLLATERAL REQUIREMENT COLLATERAL REQUIREMENTS COLLATERAL RESTRICTIONS COMMODITY COMMODITY EXPORTS COMMODITY PRICES COMPANY LAW COOPERATIVES CORRUPTION CREDIBILITY CREDIT BUREAU CREDIT FACILITIES CREDIT INFORMATION CREDIT INFORMATION SYSTEM CURRENCY DATA AVAILABILITY DEBT DEBT FINANCING DEBT INSTRUMENTS DEPOSIT DEPOSIT PRODUCTS DEPOSITORS DEPOSITS DOMESTIC BANKING ECONOMIC ACTIVITY ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC POLICY EDUCATION SYSTEM EMPLOYER EMPLOYERS EMPLOYMENT GROWTH ENABLING ENVIRONMENT ENDOWMENTS EQUAL ACCESS EQUITY FINANCING ETHNIC MINORITY EXCHANGE RATE EXPENDITURE EXPORT EARNINGS EXPORT GROWTH EXPORTER EXTERNAL FUNDS FINANCE ACCESS FINANCE CONSTRAINTS FINANCE CORPORATION FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SECTOR REFORMS FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCING NEEDS FISCAL DEFICIT FIXED ASSET FIXED ASSETS FLOATING EXCHANGE RATE FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FORM OF COLLATERAL FORMS OF COLLATERAL FREEDOM OF INFORMATION GENDER GENDER ROLES GLOBAL ECONOMY GLOBAL MARKETS GOVERNMENT POLICIES GOVERNMENT POLICY GOVERNMENT REGULATIONS GROWTH IN TRADE GUARANTEE AGENCY HOLDING HOLDINGS HOUSEHOLDS INFLATION INFORMAL ECONOMY INTEREST RATE INTEREST RATE CAP INTEREST RATE CAPS INTEREST RATE CEILING INTEREST RATES INTERNAL FUNDS INTERNATIONAL COOPERATION INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL INTEREST INTERNATIONAL STANDARDS INVESTMENT CLIMATE INVESTMENT LOANS INVESTMENT POLICY INVESTMENT PURPOSES LABOR FORCE SURVEY LABOR MARKET LACK OF ACCESS LACK OF TRANSPARENCY LAND AS COLLATERAL LAND ISSUES LAND POLICY LAND RECORD LAND TITLES LIABILITY LIBERALIZATION OF INTEREST LIBERALIZATION OF TRADE LINE OF CREDIT LINES OF CREDIT LOAN LOAN APPLICATION LOAN APPLICATION PROCEDURES LOAN MATURITIES LOAN MATURITY LOAN PRODUCTS LOAN SIZES LOAN-TO-DEPOSIT RATIO MARKET CONDITIONS MARKET DEVELOPMENT MARKET ECONOMY MARKET INFRASTRUCTURE MARKET MECHANISMS MARKET PARTICIPANTS MATURITY MATURITY STRUCTURE MFIS MICROENTERPRISES MICROFINANCE MICROFINANCE INSTITUTIONS MICROFINANCE SECTOR MONEY MARKET MORTGAGES PERSONAL FINANCE PERSONAL LOAN PERSONAL LOANS POWER OUTAGES PRIVATE BANK PRIVATE BANKS PRIVATE CREDIT PRIVATE SECTOR BANKS PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR GROWTH PRIVATIZATION PRODUCTION CAPACITY PROPERTY RIGHTS PUBLIC FUNDS PUBLIC-PRIVATE PARTNERSHIP REFORM PROGRAM REGISTRATION SYSTEMS REGULATOR REGULATORY FRAMEWORK REGULATORY SYSTEM REMITTANCE RENEWABLE ENERGY RESERVES RETURN RISK MANAGEMENT SALES GROWTH SECURITIES SETTLEMENT SKILLED WORKERS SMALL BUSINESSES SMALL ENTERPRISES SOURCE OF FUNDS STATE BANKS STOCK MARKET SUSTAINABLE DEVELOPMENT TAX TAX RATES TAX SYSTEM TERM DEPOSIT TERMS OF LOAN TRADE CREDIT TRADING TRANSACTION TRANSPARENCY TRANSPARENCY INITIATIVE UNION WOMEN OWNERS WORKING CAPITAL WORLD ECONOMY This is the first investment climate assessment (ICA) for Myanmar. The main objectives of this ICA are to: (i) provide an up-to-date and fact-based analysis of the business environment for the government and other stakeholders in Myanmar to help prioritize and contextualize the reform agenda, and (ii) to offer a baseline for future assessments of progress in terms of the investment climate reform agenda. As requested by the government, the Myanmar ICA will directly support the ongoing reform program. The government has requested an analytical foundation for the ongoing reform program, and a means for prioritizing the legal and institutional changes that are currently being initiated. This ICA is based on the 2014 Myanmar enterprise survey (ES). The Myanmar ICA provides a comprehensive analysis of the country's ES. The ES in Myanmar was carried out between February and April 2014, although significant work preceded and followed the survey itself. This ICA report is organized into four chapters. The first chapter provides an introduction into the context of Myanmar's challenges in terms of the overall economy and the investment climate in particular. The second chapter analyzes the main constraints faced by firms operating in Myanmar today, in particular the constrained access to inputs like finance, land, electricity, and skilled workers. The third chapter looks at policies the government has in place for overseeing the economy, such as firm regulations and taxation. The fourth and concluding chapter provides policy recommendations that follow from the analysis, in terms of the process of reform and the specific reform steps needed over the short and medium terms. The annex to this report provides details on the methodology of the ES. 2015-03-11T21:55:38Z 2015-03-11T21:55:38Z 2015-01 http://documents.worldbank.org/curated/en/2015/01/23978308/myanmar-investment-climate-assessment-sustaining-reforms-time-transition http://hdl.handle.net/10986/21596 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work Economic & Sector Work :: Investment Climate Assessment (ICA) East Asia and Pacific Myanmar