Lao Economic Monitor, April 2015

dc.creatorPhimmahasay, Keomanivone
dc.date2015-04-24T19:23:23Z
dc.date2015-04-24T19:23:23Z
dc.date2015-04
dc.date.accessioned2026-07-01T00:50:53Z
dc.descriptionBased on preliminary estimates, the Lao People's Democratic Republic (PDR) economy grew by 7.5 percent in 2014, compared to an average of 8 percent over 2011-13. Looking forward, real gross domestic product (GDP) growth is projected to slow further in 2015 before accelerating in the medium term. Average annual inflation in 2014 decelerated to 4.2 percent from 6.4 percent a year earlier, driven primarily by slower growth in food prices and a decline in fuel prices. In response to a widened fiscal deficit in FY2012-13, the government embarked on much needed fiscal corrective measures in FY2013-14 and FY2014-15. Foreign exchange reserves coverage remains low as compared with prudential benchmarks. While the nominal exchange rate remained relatively stable within the band set by the Bank of Laos (BOL), the real exchange rate continued to appreciate. Indications in 2014 are that bank credit growth is slowing down sharply compared to its previous rapid pace over several years. In order to grasp new opportunities and enjoy the benefits of regional integration, it is necessary for Lao PDR to take steps to create a conducive business environment. In order to achieve broad-based, inclusive growth and poverty reduction in Lao PDR, channeling greater resources toward tackling key workforce skills and productivity challenges is of significant importance.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2015/04/24365023/lao-economic-monitor-towards-restoring-macroeconomic-stability-building-inclusive-growth
dc.identifierhttps://hdl.handle.net/10986/21773
dc.identifierhttps://doi.org/10.1596/21773
dc.identifier.urihttp://hdl.handle.net/123456789/411895
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Vientiane
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectAGRICULTURAL COMMODITIES
dc.subjectAGRICULTURE
dc.subjectARREARS
dc.subjectASSET RATIO
dc.subjectBALANCE OF PAYMENT
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK CREDIT
dc.subjectBANK SUPERVISION
dc.subjectBANKING SECTOR
dc.subjectBANKING SECTOR ASSETS
dc.subjectBANKING SYSTEM
dc.subjectBENCHMARK
dc.subjectBENCHMARKS
dc.subjectBOND
dc.subjectBONDS
dc.subjectBROAD MONEY
dc.subjectBUDGET DEFICIT
dc.subjectBUFFERS
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL MARKET
dc.subjectCASH FLOW
dc.subjectCASH FLOWS
dc.subjectCASH MANAGEMENT
dc.subjectCENTRAL BANKS
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANK LENDING
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCONSUMER GOODS
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMERS
dc.subjectCONTINGENT LIABILITIES
dc.subjectCREDIT EXPANSION
dc.subjectCREDIT GROWTH
dc.subjectCREDITORS
dc.subjectCURRENCY
dc.subjectCURRENCY EARNINGS
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT ACCOUNT BALANCE
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDEBT
dc.subjectDEBT BURDEN
dc.subjectDEBT COMPOSITION
dc.subjectDEBT MANAGEMENT
dc.subjectDEBT PAYMENT
dc.subjectDEBT RATIOS
dc.subjectDEBT SERVICE
dc.subjectDEBT STOCK
dc.subjectDEBT-SERVICE
dc.subjectDEMOGRAPHIC
dc.subjectDEPOSITS
dc.subjectDEPRECIATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING ECONOMIES
dc.subjectDEVELOPMENT BANK
dc.subjectDISPUTE RESOLUTION
dc.subjectDOMESTIC BORROWING
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC CREDIT GROWTH
dc.subjectDOMESTIC DEMAND
dc.subjectDOMESTIC FINANCIAL MARKETS
dc.subjectDOMESTIC INVESTORS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectECONOMIC OUTLOOK
dc.subjectECONOMIC POLICIES
dc.subjectEFFECTIVE EXCHANGE RATE
dc.subjectELECTRONIC TRADE
dc.subjectEQUITY HOLDING
dc.subjectEXCESS SUPPLY
dc.subjectEXCHANGE RATE
dc.subjectEXCISE TAXES
dc.subjectEXPANSIONARY ECONOMIC POLICIES
dc.subjectEXPENDITURE
dc.subjectEXPORT COMPETITIVENESS
dc.subjectEXPORT MARKETS
dc.subjectEXPORT PERFORMANCE
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXPOSURE
dc.subjectEXTERNAL BALANCE
dc.subjectEXTERNAL DEBT
dc.subjectFINANCIAL ANALYSIS
dc.subjectFINANCIAL ASSET
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL VOLATILITY
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL DEFICIT
dc.subjectFOOD PRICES
dc.subjectFOREIGN ASSETS
dc.subjectFOREIGN CURRENCIES
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN FIRMS
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN RESERVES
dc.subjectGDP
dc.subjectGLOBAL ECONOMIC PROSPECTS
dc.subjectGLOBAL ECONOMY
dc.subjectGOLD
dc.subjectGOLD PRICE
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT REVENUE
dc.subjectGOVERNMENT SPENDING
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH PROJECTIONS
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHOLDINGS
dc.subjectIMPORT
dc.subjectIMPORT PRICES
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINCOMES
dc.subjectINFLATION
dc.subjectINFORMATION SYSTEM
dc.subjectINFRASTRUCTURE PROJECTS
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTING
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT INFLOWS
dc.subjectINVESTMENT POLICY
dc.subjectINVESTMENT PROJECTS
dc.subjectINVESTMENT REGIME
dc.subjectINVESTMENT SPENDING
dc.subjectINVESTOR PROTECTION
dc.subjectISSUANCE
dc.subjectJOB CREATION
dc.subjectLABOR MARKET
dc.subjectLACK OF TRANSPARENCY
dc.subjectLEVEL OF INVESTMENT
dc.subjectLIABILITY
dc.subjectLIABILITY MANAGEMENT
dc.subjectLIVING STANDARDS
dc.subjectLOCAL GOVERNMENT
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMIC VULNERABILITIES
dc.subjectMACROECONOMICS
dc.subjectMONETARY FUND
dc.subjectMONEY GROWTH
dc.subjectNATIONAL TREASURY
dc.subjectNATURAL RESOURCES
dc.subjectNOMINAL EXCHANGE RATE
dc.subjectNON-PERFORMING LOAN
dc.subjectNON-PERFORMING LOANS
dc.subjectNPL
dc.subjectOIL PRICE
dc.subjectOIL PRICES
dc.subjectOUTPUT
dc.subjectPOLLUTION
dc.subjectPORTFOLIO
dc.subjectPRICE COMPETITION
dc.subjectPRIVATE BANK
dc.subjectPRIVATE DEBT
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR CREDITS
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPRODUCTIVITY INCREASES
dc.subjectPRUDENTIAL REGULATIONS
dc.subjectPUBLIC ASSETS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DEBT MANAGEMENT
dc.subjectPUBLIC DEBT STOCK
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SPENDING
dc.subjectPURCHASING POWER
dc.subjectREAL EFFECTIVE EXCHANGE RATE
dc.subjectREAL ESTATE
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL GDP
dc.subjectRECURRENT EXPENDITURES
dc.subjectREGIONAL INTEGRATION
dc.subjectREGULATORY REQUIREMENTS
dc.subjectREPAYMENT
dc.subjectRESERVE
dc.subjectRESERVES
dc.subjectRISK MANAGEMENT
dc.subjectRISK MANAGEMENT SYSTEMS
dc.subjectSECURITIES
dc.subjectSECURITIES EXCHANGE
dc.subjectSETTLEMENT
dc.subjectSETTLEMENT PROCEDURES
dc.subjectSINGLE MARKET
dc.subjectSKILLED WORKERS
dc.subjectSKILLS SHORTAGES
dc.subjectSLOWDOWN
dc.subjectSTARTUP
dc.subjectSTRUCTURAL PROBLEMS
dc.subjectSUPPLY SIDE
dc.subjectSUSTAINABILITY ANALYSIS
dc.subjectSUSTAINABLE GROWTH
dc.subjectTARIFF BARRIERS
dc.subjectTAX
dc.subjectTAX REVENUES
dc.subjectTOTAL IMPORTS
dc.subjectTOTAL REVENUE
dc.subjectTRADE FACILITATION
dc.subjectTRADE INFORMATION
dc.subjectTRADE LAWS
dc.subjectTRADING
dc.subjectTRADING COSTS
dc.subjectTRADING PARTNERS
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTREASURY
dc.subjectVALUE ADDED
dc.subjectVULNERABILITY TO SHOCKS
dc.subjectWAGES
dc.subjectWORLD MARKETS
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleLao Economic Monitor, April 2015
dc.titleTowards Restoring Macroeconomic Stability and Building Inclusive Growth
dc.typeReport
dc.typeRapport
dc.typeInforme

Archivos

Colecciones