› › Development Efforts In The Lao Economy


Lao PDR

Author : Asian Development Bank

Publisher : Asian Development Bank

Page : 314 pages

File Size : 31,75 MB

Release : 2017-11-01

Category : Business & Economics

ISBN : 9292579940

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Book Description

The Lao People's Democratic Republic (Lao PDR) has shown remarkable progress by consistently building itself into a market-oriented economy, with economic growth in 1986-2016 averaging around 6.5% per annum. The rapid and sustained growth brought about changes in the structure of output, but did not alter job composition: resource-based products still dominate in industry, low value-added jobs in services, and 65% of the labor force in agriculture. This country diagnostic study provides comprehensive analysis and identifies promising new drivers of growth which the Lao PDR can develop to diversify its production structure and speed up structural transformation.



Developing Agriculture and Tourism for Inclusive Growth in the Lao People’s Democratic Republic

Author : Asian Development Bank

Publisher : Asian Development Bank

Page : 148 pages

File Size : 24,42 MB

Release : 2021-09-01

Category : Business & Economics

ISBN : 9292690418

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Book Description

This report explores potential links between the agriculture and tourism sectors that could strengthen infrastructure development and inclusive growth in the Lao People's Democratic Republic. Over the last 3 decades, the Lao People's Democratic Republic has seen remarkable economic growth, with per capita income quadrupling between 1989 and 2019. However, this growth has been accompanied by widening inequality as the economy generated limited job opportunities beyond agriculture. In the aftermath of the coronavirus disease (COVID-19) pandemic, this report emphasizes the need to develop synergies between agriculture and tourism. It recommends investing in infrastructure, human capital, and digital connectivity among other development areas in the country's agriculture and tourism sectors.



Lao Economic Reform & WTO Accession

Author : Kym Anderson

Publisher : Institute of Southeast Asian Studies

Page : 142 pages

File Size : 41,74 MB

Release : 1999

Category : Business & Economics

ISBN : 9812300481

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Book Description

The unilateral and regional (ASEAN) trade and investment liberalizations pursued by the Lao PDR during the past few years have begun transforming the economy. The next logical step is to join the World Trade Organization, an application for which was submitted in 1998. The WTO legal bindings will give traders and investors increased confidence in the Lao reform programme. This book outlines what the WTO accession process involves, what policies the Lao Government will have to change, and what the economic effects will be, particularly on rural development.



Laos' Dilemmas and Options

Author : Mya Than

Publisher : Institute of Southeast Asian Studies

Page : 334 pages

File Size : 27,28 MB

Release : 1997

Category : Business & Economics

ISBN : 9813055111

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Book Description

The contributors to this volume identify the major economic issues of the New Economic Mechanism concerning the restructuring of the economy, the role of the state and economic management, financial restructuring, the new directions in agricultural and industrial development, and the challenges arising from the opening up of the economy to the stimuli of external trade and inflow of foreign direct investment. An economic analysis of human resource development with special emphasis on education, and an evaluation of Laos' environmental issues are also included.