The purpose of this document is to take stock of key trends in Myanmar’s transition towards democracy from the perspective of a multilateral development agency and, on this basis, to suggest possible implications of those trends for policy and international development cooperation. This analysis updates the findings of UNDP’s Democratic Governance in Myanmar: Situation Analysis (2012) and presents an integrated and holistic perspective of democratic governance in Myanmar. It aims to contribute to the development of a more coordinated, targeted and strategic approach to reforms in this area. The analysis is based on the findings of interviews and meetings with government counterparts, political parties, non-governmental institutions, UN agencies and other informed individuals.