• Burma produced several distinguished economists.
• Some early ones are listed below.

Economists

Professor Erza Solomon

• Chair, Department of Economics, Stanford University
• Author of “The Theory of Financial Management”
• Advisor for President Nixon

Dr. Hla Myint 

• Ph.D in Economics from LSE (London School of Economics)
• Professor of Economics, RU
• Rector, RU
• Economic Adviser, National Planning
• Taught Development Economics at LSE
• Author of “South East Asia’s Development Policy”

Dr. Tun Thin

• Ph.D. from Harvard University (won “Best Dissertation”)
• Author of “Theory of Markets”
• IMF
• Taught Economics at RU (Mentor of Dr. Ronald Findlay)

Dr. Tun Wai

• Ph.D from Yale University
• Chair, RU Economics Department
• IMF (Deputy Director, IMF Institute)
• Author of six books

Dr. Aye Hlaing

• Taught at the Faculty of Social Sciences, RU
• Rector, Institute of Economics
• Chairman, Union of Burma Bank

Dr. Ronald Findlay

• Ph.D from MIT
• Chair, Economics Department, Columbia University
• Research Professor, Institute of Economics, Rangoon
• Author of six (or more) books

Dr. Aye Hlaing

• Ph.D., London
• Professor of Economics, Faculty of Social Science
• Rector, Institute of Economics
• Chair, Union Bank of Burma

Dr. Maung Shein

• Ph. D from Cambridge
• Taught at Institute of Economics
• Worked at World Bank
• After retirement, he was appointed as Deputy Minister.

U Shwe Mra

• ICS
• Economics Honors from RU
• Chief Secretary of the Burmese Government

Decline of Economy

Burma was once known as the “Rice Bowl of Asia“.

It is unfortunate for Burma/Myanmar to descend into LDC.

Factors

Factors that might have contributed to the decline include

• Indiscriminate Nationalization
• Unwarranted Demonetization
• Nepotism
• Less emphasis on Civics, Ethics and Education