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  4. Lao PDR

EBOOK

Lao PDR

Accelerating Structural Transformation for Inclusive Growth

Various AuthorsSeries: Country Diagnostic Studies
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Pages
190
Year
2017
Language
English
Publisher
Asian Development Bank

About

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.

Related Subjects

  • Technical & Manufacturing Industries & Trades
  • Technology & Engineering
  • Adult Nonfiction
  • Economic Development
  • Development
  • Business & Economics

Extended Details

  • SeriesCountry Diagnostic Studies

    Artists

    Various AuthorsAuthor