Lao People's Democratic Republic: Recent Economic Developments
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper describes economic developments in Lao People’s Democratic Republic (PDR) during the 1990s. Economic reforms in Lao PDR that started in 1986 were supported by IMF arrangements in 1989–97. During those years, the economy grew annually at 5 percent to 8 percent and through prudent macroeconomic policies, the government managed to achieve broadly stable macroeconomic conditions. Meanwhile, structural reforms took shape, so that market processes are now at work in most segments of the economy. However, in 1997, economic conditions deteriorated and progress in structural reform slowed significantly.
Series:
Country Report No. 1998/077
Subject:
Agroindustries Banking Commercial banks Credit Economic sectors Exports Financial institutions Imports International trade Monetary base Money
English
Publication Date:
September 15, 1998
ISBN/ISSN:
9781451822410/1934-7685
Stock No:
1LAOEA0011998
Pages:
72
Please address any questions about this title to publications@imf.org