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Myanmar is in the midst of a historic transition from a closed and isolated command economy to an increasingly open market economy. As it progresses, the country faces several development challenges such as widespread poverty, poor and inadequate infrastructure, low levels of entrepreneurship and industrialization, suppressed private sector, and underdeveloped markets.
Myanmar is in the midst of a historic transition from a closed and isolated command economy to an increasingly open market economy. As it progresses, the country faces several development challenges such as widespread poverty, poor and inadequate infrastructure, low levels of entrepreneurship and industrialization, suppressed private sector, and underdeveloped markets.