Dam Causes a Splash in Burma
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  • Didn’t Via Meadia once write – anyhow, didn’t SOMEBODY once write somewhere – that God is the supreme economist? Two for the price of one: Simultaneous humiliation of both Burmese military government high-handedness and mainland Chinese arrogance – if that isn’t an example of the supremest Divine economy then I don’t know what is.

  • Steven Rood

    Anent my comment on the earlier Burma blog post about economic aspects, this from Ernie Bower over at CSIS:
    “IMF delegation concludes mission to Burma. Officials from the International Monetary Fund (IMF) held consultations with Burmese officials and made an initial assessment of steps needed to reform Burma’s ineffective dual monetary exchange rate system, according to a November 2 IMF press release announcing the end of the two-week mission to Burma. The IMF did not confirm whether Burma would accept necessary conditions for further IMF assistance, particularly accession to Article VIII of the IMF charter, which bans member countries from engaging in discriminatory currency practices. Knowledgeable sources confirm that Burmese officials are very interested in continuing their cooperation with the IMF and say that another IMF delegation is expected to return to Rangoon in January 2012.”

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