THE DYNAMIC OF ECONOMIC CHANGES IN KENGTUNG, SHAN STATE, REPUBLIC OF THE UNION OF MYANMAR

Abstract

Kengtung is the major city in Shan State of Myanmar, this city plays an important role in economic and political aspect in Myanmar for a very long time. Nowadays globalization, Modernization and ASEAN economic integration causing Kengtung to urban and high economic growth such as economic growth from free trade policies that opening the opportunities for foreign investors to freely investment, change from traditional products marketing to industrial goods, located in international trade route: R3B border trade business between Thailand – Myanmar – China as well as implementing Myanmar tourism promotion policy. These are change Kengtung to a major economic city in the region and it is worth keeping an eye on economic and social development in Kengtung’s future. This article has the substance to present the effect of socio-economic development in Kengtung in term of political, social and economic aspects including the future possibility to help ASEAN Economic Community to formulate economic policies, both of trade and investment as well as other economic aspects that effected to the relationship between Thailand and Myanmar.