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    Lao People’s Democratic Republic: Asian Development Bank Member Fact Sheet 2017

    Asian Development Bank | April 2018
    Abstract
    Although its economy continues to grow vigorously, the Lao People’s Democratic Republic (Lao PDR) is not without its development issues. The country is rich in resources and has dynamic mining and hydropower industries, but economic diversification is needed. The Government of the Lao PDR must strive for strong macroeconomic management, including foreign debt control, a sound fiscal framework, and effective budget management. While the government has consolidated expenditures to contain the national deficit, it needs to increase fiscal and foreign reserves to absorb any future shocks. Under its Eighth National Socio-Economic Development Plan, 2016–2020, the Lao PDR is making efforts to become eligible to graduate from least developed country status by 2020.
    Citation
    Asian Development Bank. 2018. Lao People’s Democratic Republic: Asian Development Bank Member Fact Sheet 2017. © Asian Development Bank. http://hdl.handle.net/11540/8340.
    Keywords
    Development Planning
    Development Research
    Technology Development
    Aid And Development
    Asian Development Bank
    Comprehensive Development Framework
    Development Cooperation
    Development Management
    Development Planning
    Development Strategies
    Development Research
    Green revolution
    Development strategy
    Development models
    Economic development
    New technology
    Rural planning
    Aid coordination
    Industrial projects
    Infrastructure projects
    Natural resources policy
    Educational development
    Absorptive capacity
    Rural planning
    Regional development bank
    Project finance
    Strategic planning
    Infrastructure projects
    Government programs
    Public finance
    Public enterprises
    Development
    Economics
    Development In East Asia
    Development Planning
    Development Research
    Technology Development
    Aid And Development
    Asian Development Bank
    Comprehensive Development Framework
    Development Cooperation
    Development Management
    Development Planning
    Development Strategies
    Development strategy
    Development models
    Economic development
    New technology
    Rural planning
    Aid coordination
    Industrial projects
    Infrastructure projects
    Natural resources policy
    Educational development
    Absorptive capacity
    Economic development projects
    Economic forecasting
    Economic development projects
    Municipal government
    Technology transfer
    Exchanges of patents and technical information
    Technical education
    Technology
    Communication in rural development
    Communication in community development
    Economic development projects
    Development banks
    Economic forecasting
    Environmental auditing
    Cumulative effects assessment
    Human rights and globalization
    Transfer Technocracy
    Absorptive capacity
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/8340
    Metadata
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    lao-2017.pdf (207.5Kb)
    Author
    Asian Development Bank
    Theme
    Development
    Economics

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    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise