Laos hydropower sector has been, and is likely to continue to be, a strong driver of economic growth. That said, a failure to diversify into alternative sources of economic growth risks the country falling prey to the Dutch Disease . ...In addition, recent issues with two of Myanmar s largest infrastructure projects have highlighted the lack of maturity in the country s business environment. chapter -: Bmi Global assumptions -- Global outlook -- emerging market deceleration table: Global -- caMbodia, laos and MyanMar Q- ---- -- table: develoPed states, real GdP GrowtH, -- table: bMi versus blooMberG consensus real GdP GrowtH forecasts, -- table: eMerGinG MarKets, real GdP GrowtH, -- - Business Monitor International Ltd www camBodia, Laos and myanmar Q- ---- Bmi ratings � Brief methodology composite rating The composite rating is an unweighted geometric mean of the Short-Term Political and Short-Term Economy Ratings, allowing a ranking of all countries in BMI s emerging markets universe. political ratings The political ratings are an indicator of political stability, seen as a pre-requisite for a stable economy and business environment. ...While areas such as competitiveness, finance, openness and environment comprise the bulk of the rating, there is also an important feed from the political and economy ratings. The factors considered include: the state of the national infrastructure, the education system, cronyism/ corruption, red tape, the legal framework, property rights, market access and the corporate tax regime.
...Trends reflect two consecutive months of movement in same direction. ~ indicates rating is below global markets average out of --- global markets rated *--/--/---- **--/--/---- - Business Monitor International Ltd www camBodia, Laos and myanmar Q- ---- myanmar Bmi s ratings rank states in terms of political risk, the economy and the quality of the business environment. ...Trends reflect two consecutive months of movement in same direction. ~ indicates rating is below global markets average out of --- global markets rated *--/--/---- **--/--/---- - Business Monitor International Ltd www camBodia, Laos and myanmar Q- ---- myanmar Bmi s ratings rank states in terms of political risk, the economy and the quality of the business environment. There are four ratings: a composite rating, a political rating, an economic rating and a business environment rating. ...The government s decision in July ---- to order businesses to pay taxes two years in advance serves as a perfect example of the uncertainties involved in doing business in Myanmar. Bmi risk ratings � myanmar Latest rating* previous rating** region avg Global mkts avg s-t Political rating --.- --.- --.- --.- l-t Political rating --.- --.- --.- --.-
...
