An Inward-looking Economy in Transition

Download or read book An Inward-looking Economy in Transition written by Hal Hill and published by Institute of Southeast Asian. This book was released on 1986 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: This account and analysis of economic development in Burma since 1962 sheds light on the economics of socialism in a very poor inward-looking economy especially after the mid-1970s. The study examines the evolution of development planning, recent macroeconomic developments, and the composition, pattern and direction of foreign trade, including the balance of payments and external debt. It also analyses the principal economic sectors, especially agriculture and industry, and gives a brief assessment of social developments and future prospects.