Myanmar Wants to Be the Next Tiger

A lot depends on upcoming election
Freshly silkscreened National League for Democracy party (NLD) t-shirts featuring Aung San Suu Kyi on March 26, 2012 in Yangon, Myanmar. Photograph by Paula Bronstein/Getty Images

Jim Rogers is bullish on Myanmar. The Singapore-based investor, chairman of Rogers Holdings, last month compared the Southeast Asian country today with China in 1979, just as Deng Xiaoping was launching the economic reforms that helped transform China into the world’s second-largest economy. With Myanmar’s authoritarian government finally starting on the road of reform, Rogers said, there’s no end to the possibilities for the country’s economy. “It’s right between China and India, 60 million people, massive natural resources, agriculture,” Rogers said. “You could feed much of Asia, they have metals, they have energy, they have everything.”

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