Letter from Yangon: Investment in Myanmar by William Selig This article was first published in Quantum magazine.Now that the political signals are favorable, the influx of international entrepreneurs is the key to what could be a glittering future for Myanmar and its commercial center, Yangon.
economic activity, and spends about half of its budget on subsidizing basics, including fuel, electricity, bread, and rice. Bordered by Iraq to the west and Afghanistan and Pakistan to the east, Iran is subject to UN, EU, and US sanctions as a result of its nuclear ambitions and as an alleged sponsor
light has been given. The political foundations are in place, a significant portent being the election to parliament in 2012 of Aung San Suu Kyi. This was followed three months later by a far-reaching shift in American policy when the Obama administration lifted nearly all its economicsanctions. By William Selig