According to PAYHELPCENTER, Myanmar is a southeastern Asian country located on the Bay of Bengal and the Andaman Sea. It has a population of around 53 million people and its capital is Naypyidaw which is located in the north of the country.
The climate in Myanmar is tropical with temperatures ranging from cool to hot during winter months and warm to hot during summer months. The terrain consists mainly of hills, mountains and some marshlands in the west and south.
The economy of Myanmar relies heavily on agriculture, tourism, mining and foreign investment. Despite this, poverty remains high due to a lack of job opportunities available.
According to aceinland, due to its stunning landscapes, vibrant culture and friendly people it’s easy to see why Myanmar has earned itself the nickname ‘The Golden Land’. Whether you’re looking for an exciting holiday or simply want to explore its unique culture there’s something here for everyone making it a great destination all year round.
Population of Myanmar
In 1995, the population of Myanmar was estimated to be 43.3 million people. This figure was a considerable increase from the 1979 census which counted 36.6 million people living in the country. According to watchtutorials.org, the population was spread across seven states and seven divisions, with the majority residing in lower Myanmar, particularly in Yangon and Mandalay. The country was predominantly rural with more than 70 percent of the population living in rural villages, although urbanization had been growing since independence in 1948. The ethnic composition of the country also changed significantly since independence, especially since 1988 when hundreds of thousands of refugees from Bangladesh sought refuge in Myanmar. In 1995, Burmans made up 68% of the population followed by Shan (9%), Karen (7%), Rakhine (4%), Chinese (3%), Mon (2%) and Kachin (1%). There were also smaller populations of other ethnic minorities such as Chin and Kayin peoples. These ethnic minorities spoke their own languages and had distinct cultures which added to the diversity of Myanmar’s society at that time. Despite this diversity, there existed a high degree of unity among all citizens regardless of ethnic background or religion due to strong nationalistic sentiment and common Buddhist beliefs shared among most Burmese people.
Economy of Myanmar
In 1995, the economy of Myanmar was largely based on agriculture with nearly 70 percent of the population engaged in subsistence farming. Rice was the main crop and accounted for around 80 percent of agricultural production. Other crops included pulses, corn, sesame, and cotton. The country also had a significant forestry industry which produced timber and other wood products. Fishing was another important sector, particularly along the coastal areas and in the Irrawaddy Delta region.
Industrial production was limited in 1995 but there were a few major industries such as textiles, chemicals, oil refining, cement manufacturing and food processing. The country also had some light industries such as furniture making and handicrafts. Manufacturing output was mainly focused around Yangon where most of the large factories were located.
Myanmar had limited access to foreign capital at that time due to international economic sanctions imposed by several countries in response to human rights violations committed by the ruling military regime. These sanctions had an adverse effect on economic growth which slowed considerably from its high levels in the 1980s.
The currency used in Myanmar at that time was called Kyat (MMK). The exchange rate fluctuated significantly throughout 1995 due to lack of foreign investment and financial instability caused by political unrest within the country.
Despite these challenges, Myanmar’s economy showed signs of improvement in 1995 with increased foreign investment from countries such as Thailand, China and India who saw potential opportunities for growth within the country’s borders.
Foreign Policy of Myanmar
In 1995, the foreign policy of Myanmar was largely focused on maintaining good relations with its neighbours and securing international recognition for the military regime. The country was a member of the Association of Southeast Asian Nations (ASEAN) and took part in several regional economic initiatives such as the ASEAN Free Trade Area (AFTA).
Myanmar maintained diplomatic relations with most countries, although some countries had imposed economic sanctions due to human rights violations committed by the ruling military regime. China was one of Myanmar’s closest allies and provided much needed investment and trade opportunities. India and Thailand were also important trading partners.
The military regime in Myanmar also sought to maintain good relations with other countries in the region, particularly those that could provide financial aid or investment opportunities. This included countries such as Japan, South Korea, Australia and New Zealand who had all expressed interest in investing in Myanmar’s economy.
Myanmar also sought to strengthen ties with other developing countries around the world through membership of international organisations such as the Non-Aligned Movement (NAM), United Nations Conference on Trade and Development (UNCTAD) and World Trade Organisation (WTO).
In 1995, Myanmar was not a major player on the international stage but it did take part in several regional initiatives aimed at promoting peace and security within Southeast Asia. These included joint patrols along its borders with Thailand, Cambodia and Laos as well as participating in peacekeeping operations in neighbouring states such as Cambodia.
Events Held in Myanmar
In 1995, Myanmar hosted a number of international events, which provided the opportunity to showcase the country’s culture and attract foreign investment.
The most significant event was the first ever International Tourism Conference (ITC) held in Yangon. The conference was attended by delegates from over 40 countries and aimed to promote Myanmar as an attractive tourist destination. During the event, the government announced plans to develop a new international airport in Yangon as well as infrastructure improvements such as improved roads and telecommunications networks.
Myanmar also hosted the ASEAN Summit in 1995, which was attended by representatives from all 10 member countries. The summit focused on economic cooperation between member countries and included discussions on topics such as free trade agreements and investment opportunities for ASEAN nations.
In addition to these major events, Myanmar also held a number of smaller cultural events throughout 1995 including music festivals, theatre performances and art exhibitions. These events were used to showcase traditional Burmese culture and attract foreign visitors to the country.
Overall, 1995 was an important year for Myanmar’s economy as it showed signs of improvement with increased foreign investment from countries such as Thailand, China and India who saw potential opportunities for growth within the country’s borders. The various events held during this year provided a platform for Myanmar to showcase its culture and attract further investment into its economy.