ARTICLES

The Struggle for International Recognition: Myanmar after the 2021 Coup

Joanne Lin|Moe Thuzar

The military coup in Myanmar on 1 February 2021 created huge diplomatic repercussions, throwing into uncertainty the country’s international position and representation. Although the National Unity Government (NUG) appears to be the more popular choice for the international community, the prospects for its formal recognition remain uncertain.

Searching for Keys as the Kyat Goes Out of Kilter

Khine Win

The Central Bank of Myanmar's responses have failed to prevent rapid currency depreciation or alleviate the balance of payment situation, which has worsened due to increased capital outflows and decreased foreign direct investment. The stoppage of foreign loans and donations has also compounded Myanmar's fiscal troubles.