he United States imposed a
ban on all Burmese imports and a ban on provision of financial
services, hampering Burma's ability to obtain foreign exchange. As
of January 2004, the largest private banks remained moribund,
leaving the private sector with little formal access to credit
outside of government contracts.

Burundi
Burundi is a landlocked, resource-poor country with an
underdeveloped manufacturing sector. The economy is predominantly
agricultural with roughly 90% of the population dependent on
subsistence agriculture. Economic growth depends on coffee and tea
exports, which account for 90% of foreign exchange earnings. The
ability to pay for imports, therefore, rests primarily on weather
conditions and international coffee and tea prices. The Tutsi
minority, 14% of the population, dominates the government and the
coffee trade at the expense of the Hutu majority, 85% of the
population. Since October 1993 an ethnic-based war has resulted in
more than 200,000 deaths, forced 800,000 refugees into Tanzania, and
displaced 525,000 others internally. Doubts about the prospects for
sustainable peace continue to impede development. Only one in two
children go to school, and approximately one in ten adults has
HIV/AIDS. Food, medicine, and electricity remain in short supply.

Cambodia
Cambodia's economy slowed dramatically in 1997-1998 due to
the regional economic crisis, civil violence, and political
infighting. Foreign investment and tourism fell off. In 1999, the
first full year of peace in 30 years, progress was made on economic
reforms. Growth resumed and has remained about 5.0% during
2000-2003. Tourism was Cambodia's fastest growing industry, with
arrivals up 34% in 2000 and up another 40% in 2001 before the 11
September 2001 terrorist attacks in the US. Cambodia expects 1
million foreign tourists in 2004. Economic growth has been largely
driven by expansion in the clothing sector and tourism. Clothing
exports were fostered by the U.S.-Cambodian Bilateral Textile
Agreement signed in 1999. Even given Cambodia's recent growth, the
long-term development of the economy after decades of war remains a
daunting challenge. The population lacks education and productive
skills, particularly in the poverty-ridden countryside, which
suffers from an almost total lack of basic infrastructure. Fear of
renewed political instability and a dysfunctional lega