Lao People’s Democratic Republic: Selected Issues and Statistical Appendix
November 7, 2007
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This Selected Issues paper and Statistical Appendix for the Lao People’s Democratic Republic (PDR) review the macroeconomic impact of the resource sector. Lao PDR’s economic performance is becoming increasingly dependent on the activities of the large mining and hydropower projects. The economic value of the resource projects is significant, even if only proven mineral reserves and hydropower plants are considered. The overall macroeconomic impact of the resource sector over the medium term will depend on the quality and timeliness of the policies adopted to sustain the growth of the non-resource sector.
Subject: Commodity prices, Economic sectors, Environment, Financial institutions, Fiscal policy, Mining sector, Non-renewable resources, Prices, Stocks
Keywords: bullet, Commodity prices, CR, equity, export, Global, hydro resource endowment, hydro resource potential, hydropower resource, IMF commodity price system, import growth, ISCR, Lao P.D.R. authorities, market opportunity, Mining sector, Non-renewable resources, resource, resource bonanza, resource curse, resource project, resource revenue, resource surplus, revenue, revenue spending, sector deficit, Stocks
Pages:
67
Volume:
2007
DOI:
Issue:
359
Series:
Country Report No. 2007/359
Stock No:
1LAOEA2007001
ISBN:
9781451822571
ISSN:
1934-7685
