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Essay / Foreign Direct Investment in Myanmar - 1969
Foreign Direct Investment in Myanmar (charts not included) Since 1962, the Burmese government has been under military rule (Country Profile, 2007). The lives of Burmese citizens are dictated by the totalitarian style of government which has led to horror and famine, sparking widespread protests against the government. The final protest of 2007 was planned and organized by the same student groups who had participated in a similar protest earlier in 1988. The first protest took place on September 15, 2007, with demonstrators demonstrating almost daily in the streets of Yangon. Soon, civil and Buddhist monks joined the protests in the streets. The government responded by beating and arresting monks and civilians. Monks are highly valued and influential in Buddhist custom. The Myanmar government has been accused of human rights violations and resorting to violence against its civilians (The Economist, 2007: 27). The political unrest in Myanmar has led to a deterioration in various sectors of life, especially in the economic sector. As has been mentioned, human rights seem to be the problem in Myanmar. These issues have caused multinational companies such as Anheuser-Busch International Inc, Carlsberg and many others to withdraw from Myanmar due to the growing intensity of human rights issues and pressure from countries like the United States which heavily sanctioned Myanmar (Frey, 2006: 209; Global Policy Forum, 2008; Holusha, 2008; The Irrawaddy, 2003; Lansner, 2008; Myanmars, 2008; first give an opinion to the people. drastic increase in fuels led to a doubling of the price of diesel and a quintupling of the price of natural gas. This set off a chain reaction that caused prices to rise almost across the country, from raw materials to services that. provide the basic needs of Myanmar citizens, such as transportation, rice and cooking oil (BBC News, 2007). Furthermore, inflation has led to a decline in living standards and caused unrest among Myanmar citizens. Myanmar This is due to the inability of the Burmese government to maintain a stable economic situation. Apart from this, the Burmese were furious with the Junta government due to the arrest of Daw Aung San Suu Kyi, who won the first democratic election but was not allowed to come to power (Asian Commission human rights)., 2007: 2).