Selected studies on international investment and investment policy prepared for use within foreign direct investment in myanmar pdf OECD. They address such issues as investment agreements, dispute settlement, fair and equitable treatment, most favored nation treatment, and corruption. OECD Anti-Bribery Convention in particular.
The evidence from previous studies in both domains is mixed, probably due to econometric inconsistencies and misuse of data. The more robust findings are that corruption has an insignificant or even positive effect on FDI in the general population. However, adherence to the OECD Anti-Bribery Convention has a clear negative impact on FDI—countries that adhere reduce investments in corrupt destinations.
All values, unless otherwise stated, are in US dollars. Historically, Burma was the main trade route between India and China since 100 BC.
The Mon Kingdom of lower Burma served as important trading centre in the Bay of Bengal. According to Michael Adas, Ian Brown, and other economic historians of Burma, Burma’s pre-colonial economy in Burma was essentially a subsistence economy, with the majority of the population involved in rice production and other forms of agriculture. Burma also lacked a formal monetary system until the reign of King Mindon Min in the middle 19th century.
All land was technically owned by the Burmese monarch. Exports, along with oil wells, gem mining and teak production were controlled by the monarch. Burma was vitally involved in the Indian Ocean trade.