YANGON -- Aung San Suu Kyi has made considerable political progress in the six months since she became Myanmar's de facto leader. She has struck a more conciliatory tone with the military and secured a U.S. commitment to lift remaining sanctions. When it comes to steering the domestic economy, however, it has been slow going.
The transition to a nominally civilian government in 2011 brought foreign capital flooding into the country. Cars and cellphones quickly spread, and consumer spending surged. Under former President Thein Sein, Myanmar mustered annual growth above 7-8%.
