Myanmar: Cross-Cutting Governance Challenges Since its nascent transition to democratic rule 2010, Myanmar has embarked on economic reforms, and the resolution of multiple longstanding civil conflicts. These transitions coincide with a resource-led economic boom. The paper assesses the current status and performance of governance institutions in comparison to ASEAN and selected other countries. Specifically, the paper discusses outstanding problem areas related to economic governance, particularly in the legal system, the business regulatory framework, and in bureaucratic capacity. It also touches on Myanmar’s initiation into the Extractive Industries Transparency Initiative (EITI) process to strengthen Myanmar’s ongoing reform effort. About the Asian Development Bank ADB’s vision is an Asia and Pacific region free of poverty. Its mission is to help its developing member countries reduce poverty and improve the quality of life of their people. Despite the region’s many successes, it remains home to approximately two-thirds of the world’s poor: 1.6 billion people who live on less than $2 MyAnMAr: Cross-CuttinG a day, with 733 million struggling on less than $1.25 a day. ADB is committed to reducing poverty through inclusive economic growth, environmentally sustainable growth, and regional integration. GovernAnCe ChAllenGes Based in Manila, ADB is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance. Cullen Hendrix and Marcus Noland no. 428 adb economics march 2015 working paper series AsiAn Development BAnk 6 ADB Avenue, Mandaluyong City 1550 Metro Manila, Philippines ASIAN DEVELOPMENT BANK www.adb.org ADB Economics Working Paper Series Myanmar: Cross-Cutting Governance Challenges Cullen Hendrix and Marcus Noland Cullen Hendrix (
[email protected]) is Assistant Professor of Korbel School of International Studies, No.