Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/109449
Authors: 
Menon, Jayant
Warr, Peter
Year of Publication: 
2013
Series/Report no.: 
ADB Economics Working Paper Series 330
Abstract: 
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.
Subjects: 
Lao PDR
natural resource revenues
Dutch disease
trade and investment reforms
JEL: 
O13
O24
Q37
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/3.0/igo
Document Type: 
Working Paper

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