Opportunities and Issues Chapter 1 Peter Drysdale Crawford School of Public Policy The Australian National University, Canberra Workshop on Trade and Investment Paper Crawford School, ANU, 28 April 2014

Context commitment to reform assets in outward-looking strategy back to the future advantages in catching up East Asian experience and the ASEAN connection paths to a higher growth trajectory realistic targets for growth: benchmarking against the neighbourhood challenge of spreading the benefits

Transformation to a Modern Economy mobilizing the gains of trade for growth: getting the border barriers down and taking advantage of proximity getting domestic institutions right: property rights; markets; trade, investment and regulatory certainty; taxing the rents; public finance; monetary and financial stability distributing the benefits: effective economic federalism and connecting infrastructure ASEAN Economic Community and priorities in foreign economic diplomacy

Delivering the Vision restoring Myanmar’s international weight and influence connecting national development to the international agenda alignment of economic and political reform: search for a prosperous and open society taking advantage of strategic location: mobilizing international resources and capacities challenge of national integration defining a national vision