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Economy Of Myanmar
The economy of Myanmar is the seventh largest in Southeast Asia. After the 2011–2015 Myanmar political reforms, return of civilian rule in 2011, the new government launched Economic liberalization in Myanmar, large-scale reforms, focused initially on the political system to restore peace and achieve national unity and moving quickly to an economic and social reform program. Current economic statistics were a huge decline from the economic statistics of Myanmar in the fiscal year of 2020, in which Myanmar’s nominal GDP was $81.26 billion and its purchasing power adjusted GDP was $279.14 billion. Myanmar has faced an economic crisis since the 2021 Myanmar coup d'état, 2021 coup d'état. According to International Monetary Fund (IMF) Myanmar GDP per capita in 2024 is estimated to reach $1.179 History Classical era Burma has been the main trade route between China and India since 100 BC. The Mon Kingdom of lower Burma served as important trading centre in the Bay of Bengal. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yangon
Yangon, formerly romanized as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar. Yangon was the List of capitals of Myanmar, capital of Myanmar until 2005 and served as such until 2006, when the State Peace and Development Council, military government relocated the administrative functions to the purpose-built capital city of Naypyidaw in north central Myanmar. With over five million people, Yangon is Myanmar's most populous city and its most important commercial centre. Yangon boasts the largest number of colonial-era buildings in Southeast Asia, and has a unique Downtown Yangon, colonial-era urban core that is remarkably intact. The colonial-era commercial core is centered around the Sule Pagoda, which is reputed to be over 2,000 years old. The city is also home to the gilded Shwedagon Pagoda – Myanmar's most sacred and famous Buddhist pagoda. Yangon suffers from deeply inadequate infrastructure, especially compared to other major cities in Sou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By GDP (PPP) Per Capita
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country. In 2023, the estimated average GDP per capita (PPP) of all of the countries was Int$22,452. For rankings regarding wealth, see list of countries by wealth per adult. Method The gross domestic product (GDP) per capita figures on this page are derived from PPP calculations. Such calculations are prepared by various organizations, including the IMF and the World Bank. As estimates and assumptions have to be made, the results produced by different organizations for the same country are not hard facts and tend to differ, sometimes substantially, so they should be used with caution. Comparisons of national wealth are frequently made based on ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dāna
(Devanagari: , IAST: ) is a Sanskrit and Pali word that connotes the virtue of generosity, charity or giving of alms, in Indian religions and philosophies. In Hinduism, Buddhism, Jainism, and Sikhism, is the practice of cultivating generosity. It can take the form of giving to an individual in distress or need, or of philanthropic public projects that empower and help many. is an ancient practice in Indian traditions, tracing back to Vedic traditions. Hinduism (Sanskrit: ) means giving, often in the context of donation and charity. In other contexts, such as rituals, it can simply refer to the act of giving something. is related to and mentioned in ancient texts along with concepts of () which means benevolent deed, helping others; () which means fee one can afford; and (), which means alms. is defined in traditional texts as any action of relinquishing the ownership of what one considered or identified as one's own, and investing the same in a recipient without ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Ocean
The Indian Ocean is the third-largest of the world's five oceanic divisions, covering or approximately 20% of the water area of Earth#Surface, Earth's surface. It is bounded by Asia to the north, Africa to the west and Australia (continent), Australia to the east. To the south it is bounded by the Southern Ocean or Antarctica, depending on the definition in use. The Indian Ocean has large marginal or regional seas, including the Andaman Sea, the Arabian Sea, the Bay of Bengal, and the Laccadive Sea. Geologically, the Indian Ocean is the youngest of the oceans, and it has distinct features such as narrow continental shelf, continental shelves. Its average depth is 3,741 m. It is the warmest ocean, with a significant impact on global climate due to its interaction with the atmosphere. Its waters are affected by the Indian Ocean Walker circulation, resulting in unique oceanic currents and upwelling patterns. The Indian Ocean is ecologically diverse, with important ecosystems such ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agriculture
Agriculture encompasses crop and livestock production, aquaculture, and forestry for food and non-food products. Agriculture was a key factor in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in the cities. While humans started gathering grains at least 105,000 years ago, nascent farmers only began planting them around 11,500 years ago. Sheep, goats, pigs, and cattle were domesticated around 10,000 years ago. Plants were independently cultivated in at least 11 regions of the world. In the 20th century, industrial agriculture based on large-scale monocultures came to dominate agricultural output. , small farms produce about one-third of the world's food, but large farms are prevalent. The largest 1% of farms in the world are greater than and operate more than 70% of the world's farmland. Nearly 40% of agricultural land is found on farms larger than . However, five of every six farm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bay Of Bengal
The Bay of Bengal is the northeastern part of the Indian Ocean. Geographically it is positioned between the Indian subcontinent and the Mainland Southeast Asia, Indochinese peninsula, located below the Bengal region. Many South Asian and Southeast Asian Countries of the Bay of Bengal, countries are dependent on the Bay of Bengal. Geopolitically, the bay is bounded on the west and northwest by India, on the north by Bangladesh, and on the east by Myanmar and the Andaman and Nicobar Islands of India. Its southern limit is a line between Sangaman Kanda, Sri Lanka, and the northwesternmost point of Sumatra, Indonesia. Cox's Bazar Beach, Cox's Bazar, the longest sea beach in the world and Sundarbans, the largest mangrove forest and the natural habitat of the Bengal tiger, are located along the bay. The Bay of Bengal occupies an area of . A number of large rivers flow into the Bay of Bengal: the Ganges–Hooghly River, Hooghly, the Padma River, Padma, the Brahmaputra River, Brahmaputr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mon Kingdom
Mon kingdoms were polities established by the Mon-speaking people in parts of present-day Myanmar and Thailand. The polities ranged from Dvaravati and Haripuñjaya in present-day northern Thailand to Thaton, Hanthawaddy (1287–1539), and the Restored Hanthawaddy (1740–1757) in southern Myanmar. Early states The first recorded kingdom attributed to the Mon people is Dvaravati,Coedès 1968: 63, 76–77 which prospered until around 1000 CE when their capital was ruled by the Khmer Empire and a significant portion of the inhabitants fled west to present-day Lower Burma and eventually founded new polities. Another Mon-speaking state Haripuñjaya also existed in northern Thailand down to the late 13th century.Coedès 1968: 208 Thaton (9th century?–1057?) According to colonial period scholarship, the Mon established small polities (or large city-states) in Lower Burma in the 9th century. Both the city of Thaton and Pegu (Bago) are believed to have been established in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2021 Myanmar Coup D'état
A coup d'état in Myanmar began on the morning of 1 February 2021, when Elections in Myanmar, democratically elected members of the country's ruling party, the National League for Democracy (NLD), were deposed by the Tatmadaw, Myanmar's military, which then vested power in a State Administration Council, military junta. Acting President of Myanmar Myint Swe proclaimed a year-long state of emergency and declared power had been transferred to Commander-in-Chief of Defence Services Senior general (Myanmar), Senior General Min Aung Hlaing. It declared the results of the 2020 Myanmar general election, November 2020 general election invalid and stated its intent to hold a Next Myanmar general election, new election at the end of the state of emergency. The coup d'état occurred the day before the Assembly of the Union, Parliament of Myanmar was to swear in the members elected in the 2020 election, thereby preventing this from occurring. President Win Myint and State Counsellor of My ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Liberalization In Myanmar
The economic liberalization of Myanmar refers to the policy of liberalization orienting Myanma laws toward an open market economy. This process was initiated following the coup d’état of the Burmese junta in 1988 in order to transform the underperforming Burmese economy. Historical context Following its decolonization in 1948, Burma showed a promising economic potential as the "rice mile" of Asia, becoming the worldwide number one exporter of rice from 1960 to 1963. In 1962, Burma became a socialist country and the economy collapsed under the rule of the Burma Socialist Programme Party, following the program of the Burmese Way to Socialism. The first liberalization reforms occurred in 1987 under the new presidency of San Yu. The full reorientation toward a market economy followed the instauration of the Burmese junta rule, after the coup d'état which established the State Law and Order Restoration Council. Liberalization reforms There are two main patterns of the liberali ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2011–2015 Myanmar Political Reforms
The 2011–2015 Myanmar political reforms were a series of political, economic and administrative reforms in Myanmar undertaken by the military-backed government. These reforms include the release of pro-democracy leader Aung San Suu Kyi from house arrest and subsequent dialogues with her, establishment of the National Human Rights Commission, general amnesties of more than 200 political prisoners, institution of new labour laws that allow labour unions and strikes, relaxation of press censorship, and regulations of currency practices. As a consequence of the reforms, ASEAN approved Myanmar's bid for the chairmanship in 2014. United States Secretary of State Hillary Clinton visited Myanmar on 1 December 2011, to encourage further progress; it was the first visit by a Secretary of State in more than fifty years. United States President Barack Obama visited one year later, becoming the first US president to visit the country. Aung San Suu Kyi's party, the National League for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southeast Asia
Southeast Asia is the geographical United Nations geoscheme for Asia#South-eastern Asia, southeastern region of Asia, consisting of the regions that are situated south of China, east of the Indian subcontinent, and northwest of the Mainland Australia, Australian mainland, which is part of Oceania. Southeast Asia is bordered to the north by East Asia, to the west by South Asia and the Bay of Bengal, to the east by Oceania and the Pacific Ocean, and to the south by Australia (continent), Australia and the Indian Ocean. Apart from the British Indian Ocean Territory and two out of Atolls of the Maldives, 26 atolls of the Maldives in South Asia, Maritime Southeast Asia is the only other subregion of Asia that lies partly within the Southern Hemisphere. Mainland Southeast Asia is entirely in the Northern Hemisphere. Timor-Leste and the southern portion of Indonesia are the parts of Southeast Asia that lie south of the equator. The region lies near the intersection of Plate tectonics, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Myanmar
Myanmar, officially the Republic of the Union of Myanmar; and also referred to as Burma (the official English name until 1989), is a country in northwest Southeast Asia. It is the largest country by area in Mainland Southeast Asia and has a population of about 55 million. It is bordered by India and Bangladesh to its northwest, China to its northeast, Laos and Thailand to its east and southeast, and the Andaman Sea and the Bay of Bengal to its south and southwest. The country's capital city is Naypyidaw, and its largest city is Yangon (formerly Rangoon). Early civilisations in the area included the Tibeto-Burman-speaking Pyu city-states in Upper Myanmar and the Mon kingdoms in Lower Myanmar. In the 9th century, the Bamar people entered the upper Irrawaddy River, Irrawaddy valley, and following the establishment of the Pagan Kingdom in the 1050s, the Burmese language and Culture of Myanmar, culture and Buddhism in Myanmar, Theravada Buddhism slowly became dominant in the co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
