Burma Comes in from the Cold | Doug Bandow | Cato Institute: Commentary

Burma Comes in from the Cold | Doug Bandow | Cato Institute: Commentary: 'The Burmese people need investment and trade more than official development assistance, which has a dismal record of promoting sustained economic growth. Private capital would better encourage broad-based development and job creation, so desperately needed by one of the world’s poorest nations. Trade and investment also would strengthen the Burmese private sector, not government (through which most official “assistance” flows), helping to disperse power in a system characterized for decades by the dangerous combination of political and economic power.'