Popis: |
The economic enterprise in Myanmar has the potential for further development. Withthe hope to add some value to the daily lives of the people of Myanmar, in this endeavor,the present study reviews the extant literature of other countries developed earlier thanMyammar. An exceptional study from the viewpoint of international business by Praharad(2010)shows that large companies could contribute to the enhancement of human life indeveloping counties. Five billion people in such countries could escape poverty throughthe creation of highly profitable businesses. Thus, instead of using approaches designed fordeveloped nations, large companies could employ specific tactics to improve the wealth ofboth their companies and those in developing countries. Morduch et al.(2009)utilized theoriginal research method of dairy finance to investigate financial activities in developingcountries, and found a scarcity of opportunities for support in the following areas: 1)dailyfinance management, 2)long term financial savings, and 3)borrowing money for anypurpose. Duflo’s(2010)primary investigation performed randomized comparativeexperiments to evaluate human development, health care, independent policy-making,and country governance. She deduced that policy goals must be aligned for the institutionof effective educational strategies. Substantial medical costs must be incurred for healthcare. Governments should devote funds to disease prevention rather than medicaltreatment. Policy-making in developing countries clearly display the time inconsistenciesof implementation. Loans at higher interest rates are apparently useful and, as a result,necessary. Frequent corruptions in the developing public fora and other such issuesevidently inhibit development. Banerjee and Duflo(2011)revealed unprecedented findingson the lives of impoverished people. Poor people encounter food shortages; consequently,the low-priced foods such as grains are provided via international organizations and richercountries. Yet, many in such circumstances do not purchase other food to add morenutrition for their healthier survivals. People in the developing part of the world are,just like those in other countries, interested in a wide variety of food choices and optionsas well as modes of entertainment. These studies suggest that developing countrieslike Myanmar require the improvement of basic infrastructure in education, healthand well-being, finance, and policy-making. Yet, these facets expose differences in theadjudication of methods for social change between developing and developed countries.Suitable field surveys are therefore critical for future research on the developments andentrepreneurship in Myanmar. |