Arbeitspapier

The Lao Economy: Capitalizing on Natural Resource Exports

Trade and investment reforms in the Lao People's Democratic Republic (Lao PDR) since the mid-1980s have boosted natural resource-based exports, underpinning recent economic growth. A high proportion of the proceeds from these exports accrue directly to the government. Over the 8 years preceding 2011, total government revenue increased from 11% to over 19% of gross domestic product, due almost entirely to revenues derived from mining and hydropower. The effect on the Lao people depends on how the government uses these revenues. This paper examines how the Lao PDR's export-led growth can be channeled into directions that deliver the greatest benefit to the Lao people.

Sprache
Englisch

Erschienen in
Series: ADB Economics Working Paper Series ; No. 330

Klassifikation
Wirtschaft
Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Development Planning and Policy: Trade Policy; Factor Movement; Foreign Exchange Policy
Nonrenewable Resources and Conservation: Issues in International Trade
Thema
Lao PDR
natural resource revenues
Dutch disease
trade and investment reforms
Rohstoffreichtum
Handelsliberalisierung
Wirtschaftswachstum
Laos

Ereignis
Geistige Schöpfung
(wer)
Menon, Jayant
Warr, Peter
Ereignis
Veröffentlichung
(wer)
Asian Development Bank (ADB)
(wo)
Manila
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Menon, Jayant
  • Warr, Peter
  • Asian Development Bank (ADB)

Entstanden

  • 2013

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