The bounty presently accruing to Burma from rising exports of natural gas promises to transform the country's finances. Redeeming this promise, however, will require wholesale reform of Burma's fiscal and financial arrangements. Such reforms are unlikely. This article explores the financial potential of Burma's gas exports, the danger that they could yield a "resources curse," and the extent to which the state's fiscal demands compromise Burma's economic development.
Published as 'Asian survey : a bimonthly review of contemporary Asian affairs, Nov/Dec 2008, Volume 48, Number 6, pp. 958-976'. Â© 2008 by the Regents of the University of California. Copying and permissions notice: Authorization to copy this content beyond fair use (as specified in Sections 107 and 108 of the U. S. Copyright Law) for internal or personal use, or the internal or personal use of specific clients, is granted by the Regents of the University of California for libraries and other users, provided that they are registered with and pay the specified fee via RightslinkÂ® on [Caliber (http://caliber.ucpress.net/)] or directly with the Copyright Clearance Center, http://www.copyright.com.