‘Burma has the fastest growing economy in the world’

'Burma has the fastest growing economy in the world' - May 23, 2005
From Burma’s April Fools - The Irrawaddy, May 2005: ...Outside the ethereal world of the SPDC, Burma’s economy is not growing at all. The latest estimates of the International Monetary Fund suggest that Burma’s economic growth in 2005-2006 will be zero.
...It is the lack of these ‘fundamental institutions’—such as private property rights, security of contract, and at least the elements of the rule of law—that is by far the most important of the woes facing Burma’s economy today. Without the fundamental institutions of the sort noted above, however, no economy can enjoy, or ever has enjoyed, success for very long...
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