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Indian Journal of Economics and Business is a double refereed, high quality international journal that publishes articles and book reviews from academicians and business-persons. Managed by a team of 20+ Associate Editors and 15+ members of Editorial Advisory Board, the journal has taken several important strides since its inception in 2002. It is published atlest 2 times per year. and is included in Journal of Economic Literature and Cabell's Directory of Journals in Economics and Finance.

IJEB April-September_2011 Issue: Vol 10. No. 2-3

Article:

PROSPECTS FOR ECONOMIC DEVELOPMENT IN BURMA USING THE NEOCLASSICAL MODEL
Lorelle Yuen
Josef Korbel School of International Studies at the University of Denver

Abstract
This paper examines the prospects for economic development in Burma using the Neo-classical growth model. From 1988-1997, the State Law and Order Restoration Council implemented market-oriented economic policy reforms. However, following the Financial Crisis in 1997, Burma reverted to controlled market policies, exacerbating its economy. In light of Burma’s new civilian government, I offer recommendations to the new President U Thein Sein for harnessing equitable economic growth by using the Neo-classical growth model. Section I introduces the paper, Section II gives an overview of the Neo-classical Model, Section III evaluates Burma’s economic policies from 1988-2007 , Section IV gives a brief analysis of the policies, Section V offers recommendations based on the Neo-classical model, and Section VI concludes the paper.