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Crony Capitalism And Burma's Power Woes
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Crony Capitalism And Burma's Power Woes

Our Correspondent
May 20, 2010
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Crony Capitalism And Burma's Power Woes
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It is an open secret in Burma that the key to business success in the country is close ties to the ruling generals. But it is less well understood just how much this chronic cronyism affects the lives of ordinary Burmese.

Recently, however, the junta's habit of awarding lucrative contracts to regime-connected companies has been blamed for the ongoing fai…

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