Lao PDR Lao PDR
Country Diagnostic Studies

Lao PDR

Accelerating Structural Transformation for Inclusive Growth

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    • £5.49

Publisher 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.

GENRE
Business & Personal Finance
RELEASED
2017
1 November
LANGUAGE
EN
English
LENGTH
190
Pages
PUBLISHER
Asian Development Bank
SIZE
17.1
MB
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