The Lao economy has performed relatively well in the midst of the global financial crisis, supported by higher than initially forecasted commodity prices and significant expansion in public outlays which have acted as a fiscal stimulus. The impact of the global financial crisis is felt through declining commodity export earnings, reduced Foreign Direct Investment (FDI) inflows and remittance income, as well as a decline in non-resource exports, especially...
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Laotian
DETAILS
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2009/12/01
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Economic Updates and Modeling
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53243
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1
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1
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2010/03/02
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Disclosed
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Lao PDR economic monitor : recent economic developments
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expenditure and financial accountability
Citation
Davading,Somneuk.
Lao PDR economic monitor : recent economic developments (English). Lao PDR economic monitor|no. 14. end-year update Washington DC ; World Bank Group. http://documents.worldbank.org/curated/en/645881468278686352