'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...
‘Burma has the fastest growing economy in the world’
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