Burma is a country rich in natural resources, with lush sceneries and home to dozens of cultures and peoples. The country was colonized on 1886 by the British and gained independence on 1948. Burma enjoyed this democracy until 1962 when a military coup placed the entire country under military rule.
The country of Burma has been under military dictatorship since then. Because the leaders are neither economists nor politicians, no clear path towards development was mapped out. The economy collapsed to a point where the country was declared the “Rice Bowl of Asia” in 1987. This is a distinction given by the United Nations for least developed countries. This brought the country to the level of Chad and Ethiopia. The 45 million people of Burma live in extreme poverty and suppressed human rights because of a military government with an isolationist economic mismanagement policy.
Source: ibiblio.org