supply and demand Archives — LIRNEasia


Last month in Yangon, I said to a group of Parliamentarians that I hoped there would be no SIM riots in Myanmar similar to those that occurred when competition was introduced in Bangladesh and Pakistan. A riot is a crude response to a mismatch of supply and demand. Looks like the mismatch exists in Myanmar, but that the people are a lot more sophisticated. They have created a secondary market and are making money from the mismatch. Much better response to toppling tables and breaking glass.