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Showing posts from March, 2014

Myanmar, Golden land for the investors and majority but the hell for Rohingya

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IMF managing director Christine Lagarde has said Myanmar is truly a Golden land with a golden future amid her brief visit to the country in December last year and it seems to be true.Currently, Myanmar is now enjoying with its rapid economic growth, the flow of foreign direct investment, the flow of financial aid, the ease of economic sanctions, as well as the removal of trade embargo. B esides having made the political reforms, this country has also decided to adopt the new exchange rate by changing from restriction exchange rate to the floating exchange rate system. This means that the change is really good for state's economy, and the state itself would be able to call for greater financial integration. Ultimately, Myanmarese government will be able to reduce the poverty, raise the people's living standard, increase spending on healthcare and education, and people will be living enjoyably with the dramatic change of the society. However, not every Myanmarese enjoys wit