Foreign Investment

by Rhonda Mays and Robert Herman*

During our recent trip to Burma, most of the prodemocracy and human rights activists with whom we met expressed their appreciation for the role that sanctions by the United States and other democratic powers had played in bringing about the modest but potentially significant reforms we are now seeing in the country. They acknowledged that while trade restrictions may have made life harder for ordinary people, particularly those working in the garment and manufacturing sectors, the leverage gained as a result of the sanctions was absolutely vital in catalyzing political will among military leaders to initiate reforms.

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