Summary
Meanwhile, things just seem to get worse for Burma's 55 million citizens. The Economist Intelligence Unit has tipped GDP growth to fall from 3.3 per cent in 2007 to 1.5 per cent this year, while a post-[Nargis] fall in agricultural production could push inflation to 42 per cent. Meanwhile domestic consumption, such as it is, will continue to fall, with the Burmese preferring to keep their savings locked up in gems and precious metals.
See the full content of this document
Extract
Business As Usual with the Burmese Generals
The satirist P.J. O'Rourke once noted that the more references to democracy a country has in its official title, the greater the chance it is run by a grubby totalitarian regime. Hence the People's Republic of China and the Kim dynasty's heroically misleading 'Democratic People's Republic' of North Korea.
Burma -- or Myanmar, as its leaders prefer -- has its equivalent in the State Peace and Development Council (SPDC). This is essentiall...See the full content of this document
Sponsored links
