Financial Intermediaries: Banking Matters

Imagine selling your house without depositing the money in a bank or taking your savings with you wherever you go. In Myanmar (Burma), this seemingly irrational behavior has been logical. In 1987, when Myanmar’s socialist government became concerned that people…

Foreign Investment: Coca-Cola

How does a business return to a country that it left many decades ago? After a military coup in 1962, Coca-Cola reduced its presence in Myanmar (Burma)  and then was prohibited from returning when the US banned most foreign investment there. Now…