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Mathematically valid, but... If Myanmar had a stable and reliably growing economy, the world would be a different place. Turning Myanmar into a country with a
by quesera 2y ago
Mathematically valid, but...
If Myanmar had a stable and reliably growing economy, the world would be a different place.
Turning Myanmar into a country with a stable economy that could grow at 5% annually would be worthy of a Nobel Prize in economics.
Practically, recovery costs in the neighborhood of 60% of Myanmar's GDP represents many decades of development. Or enormous foreign aid from China. I'm not sure how valuable Myanmar is to China though.
- v3ss0n 2y agoWe almost had that chance back in 2010-2020.. only if coup and COVID didn't happened..