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Myanmar is one of the poorest countries in East Asia, with an estimated GDP per capita of between $800-$1,000 and a poverty headcount of 26 percent. Most social indicators are very low. For example, 32 percent of children under five suffer from malnutrition.
Myanmar is embarking on a triple transition – from an authoritarian military system to democratic governance, from a centrally directed economy to a market-oriented economy, and from 60 years of conflict to peace in its border areas. These transitions have the potential to create opportunity and shared prosperity for the people of Myanmar and for the country to resume its place as one of the most dynamic economies in Asia.