Political changes in Myanmar 2016Myanmar 2016 political changes
This is a first draft of a text that is designed as a major scholarly or policy-relevant work. This range comprises periodicals directed at both a wider audience and a specialist audience. Myanmar's recent transition has refreshed its global standing and reputation, and both the West and Asia are seeking to benefit from the current changes, but the economic and finance sector are in urgent need of reforms.
To raise consciousness for further improvements, it is essential to have external inputs. The EU has always been a powerful actor in Myanmar and East Asia in general, and is able to provide important impetus for further changes by enhancing assistance, gradually rewards political innovation and investment in JVs, while respecting CSR.
Probably the biggest challange is the persistent ethnical tension in Myanmar. Despite these residual deficiencies, the step-by-step reform process is more than just a cosmetical invention for the West and is likely to go on. Genuine democratic in the West requires significant changes to the constitutional system.
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Challanges are waiting for Myanmar?s Search for changes
Myanmar's National League for Democracy (NLD) chair Aung San Suu Kyi, de facto head of the new administration, had promised righteousness for those detained by the country's former army regimes. On Sunday 10 April, the officers unveiled the liberation of numerous political detainees and proposed to grant pardons for another 100.
The release of political detainees is a private affair for Suu Kyi and her group. This was one of the most obvious moves for the new administration, which after half a hundred years of army power won a landmark election last November. Although the predecessor regime introduced a series of reform measures - among them those that created the conditions for last year's democracy election - it would be difficult to disrupt damaging past remains.
Although there will be even more challenging ones, Suu Kyi and her political group have high hopes of gaining control over the promise of socio-political and economical upheaval. Myanmar specialist at the GIGA Institute for Asian Studies in Hamburg, Germany, sees the new government's commitment to fight bribery as a "very important first step".
Although the army has largely fallen in the polls, "it still has a significant commercial influence", with the force to still mediate commercial business. Exchanges have been harmonised, a European Federal Reserve has been created as a legally autonomous unit, fiscal legislation has been adopted and advances have been made in modernising the fiscal system and the administration of government finances.
It is Ojima's hope that the new administration will "build on these profits" and continue to implement restructuring through the programming and management of business programmes. Myanmar-based Peter Brimble, Assistant Regional Manager of the Asian Development Bank (ADB), concur. The ADB estimates that Myanmar's gross domestic product (GDP) has grown continuously from 5.6 per cent in 2011 to an 8 per cent increase on 2010.
He added that the economy "needs to sustain macro- and fiscally stable growth and absorb unforeseen financial shocks". Throughout Myanmar, where only 40 per cent of the roads are asphalted and 30 per cent of the local populace has electric power, local economies also need to make headway.
Jimia believes that a "strong increase in state spending " is likely to help develop the country's population. It is also hoped that the new administration will improve the position of the Myanmar clan under the rule of the people. Solving this issue would bring a number of areas of advancement.
In August 2015, former President Thein Sein launched the present minority peacemaking proces. However, the regime is" far from concluding real agreements with the large militarized communities," Lorch said. NLD has "not published a clear and comprehensive programme for the further development of the Middle East and Myanmar Middle East peace process," she added, a necessary move that needs to be taken soon for real headway to be made in Myanmar.