Yangon University of Economics



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An Analysis on Myanmar's Border Trade Development with Neighbboring Countries (Nilar Myint Htoo and Aung Myint Myat, 2016)

http://hdl.handle.net/20.500.12678/0000001130
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756e68ad-3820-41ee-ab2d-d9fbbc59a9ee
None
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NLMH, NLMH, AMM.pdf (12229 Kb)
Publication type
Journal article
Upload type
Publication
Title
Title An Analysis on Myanmar's Border Trade Development with Neighbboring Countries (Nilar Myint Htoo and Aung Myint Myat, 2016)
Language en
Publication date 2016-01-01
Authors
NI LAR MYINT HTOO
AUNG MYINT MYAT
Description
Trade stands as an essential contributor for economic development of a country. Border Trade activities in Myanmar have been provided to national economic development as a part of national economic strategy. Border trade development will contribute not only towards the economic development of Myanmar but also towards poverty alleviation. The main objectives of this research are to explore the role of border trade in Myanmar's external trade, and to examine the pattern of border trade with neighboring countries between 1997 and 2012. This paper uses secondary data from reliable sources and the Gravity Model method. Results show that Myanmar's Border Trade development has appositive impact on the country's social and economic development. Nevertheless, Myanmar export products are low value added and import products are high value added. Even though these trade activities raise standards of living of the population in the area and encourage the government in developing border trade further, this study suggests that Myanmar needs to be more self-reliable and cooperate more economically. This implies that Myanmar needs to look for trading opportunities and measures for promoting trade and investing in infrastructures. This study encourages governments to reform not only rules and regulations concerned with border trade to promote trade value and volume, but also the infrastructure sector.
Keywords
Gravity Model
Journal articles
Yangon University of Economics Research Journal
813
159
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