Economists say the coup in Myanmar could spook foreign investors and hit international development support, with the threat of a return of sanctions that made Myanmar among the world s poorest countries.
BBC News
Myanmar, also known as Burma, was long considered a pariah state while under the rule of an oppressive military junta from 1962 to 2011.
The generals who ran the country suppressed almost all dissent and stood accused of gross human rights abuses, prompting international condemnation and sanctions.
A gradual liberalisation began in 2010, leading to free elections in 2015 and the installation of a government led by veteran opposition leader Aung San Suu Kyi the following year.
But an army operation against alleged terrorists in Rakhine State since August 2017 has driven more than half a million Muslim Rohingyas to flee to neighbouring Bangladesh, in what the United Nations called a textbook example of ethnic cleansing .
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3 February 2021
Author: Hunter Marston, ANU
In the early hours of Monday 1 February 2021, Myanmar security forces detained scores of civilian political leaders including State Counsellor Aung San Suu Kyi and President Win Myint as well as prominent activists and journalists. The international community was swift to condemn the military’s seizure of power, despite the late hour in Washington and European Union capitals.
How events play out in coming days will determine whether Myanmar returns to its former pariah status under military rule, or if international partners can coax the military to come to a negotiated settlement.
Myanmar’s Lower house of parliament (Pyithu Hluttaw) was preparing to convene Monday, with the upper house (Amyotha Hluttaw) to follow on Tuesday. Despite promises that the military would ‘respect the constitution’ alleviating fears that it would dispute last November’s election results the armed forces rounded up civilian leaders and potent
The military leadership in Myanmar no longer faces the older limitations of being a pariah or facing the powerful opposition from Aung San Suu Kyi as in the early 1990s