Lao PDR - Investment Climate Assessment : Policies to Promote Growth in the Non-Resource Sectors

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dc.creatorWorld Bank
dc.date2012-03-19T10:13:47Z
dc.date2012-03-19T10:13:47Z
dc.date2011-01-01
dc.date.accessioned2026-07-01T01:12:06Z
dc.descriptionThe second Lao PDR investment climate assessment identifies the key constraints of the country's non-resource sector firms. This Assessment summarizes the results of a national survey conducted in late-2009 and draws on extensive interviews with policymakers and practitioners. Survey results reveal the nature of constraints that various non-resource sector firms in Lao PDR currently face. The results provide an analysis of the firms' performance and productivity. Supporting an international exchange of knowledge, this survey's results have been compared to numerous studies conducted by the World Bank in over 100 developing countries, which share similar methodological approaches. Due to rapid economic growth in recent years, Lao PDR has emerged from low income to middle-income country status in 2011, according to the World Bank. The development of the non-resource sector is essential to ensure sustainable and inclusive growth in Lao PDR. Non-resource sectors are more stable than resource sectors, and provide more long-term employment. The non resource sector is expected to contribute more than half of Lao PDR's real Gross Domestic Product (GDP) growth and 75 percent of the GDP in the medium-term. To achieve these results, policies in Lao PDR should focus on creating a positive enabling environment and that supports the development of the non-resource sectors. Based on Lao PDR's per capita income, this assessment's survey analysis demonstrates that labor productivity is lower than in neighboring countries and lower than in countries with a similar level of income. Labor productivity in Lao PDR is slightly lower than in Cambodia and Vietnam and significantly lags behind the leading countries in the region such as China, Malaysia and Thailand. Even though labor costs are low in Lao PDR, data suggests that national unit labor costs are roughly comparable to many comparator countries, but are higher than in China and Thailand.
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dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20111109011612
dc.identifierhttps://hdl.handle.net/10986/2795
dc.identifierhttps://doi.org/10.1596/2795
dc.identifier.urihttp://hdl.handle.net/123456789/416059
dc.languageEnglish
dc.publisherWorld Bank
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCOUNTING
dc.subjectACCOUNTING STANDARD
dc.subjectACCOUNTING STANDARDS
dc.subjectADB
dc.subjectADMINISTRATIVE PROCEDURES
dc.subjectAGRICULTURE
dc.subjectAUDITING
dc.subjectAVERAGE PRODUCTIVITY
dc.subjectBANK ACCOUNT
dc.subjectBANK ACCOUNTS
dc.subjectBANK CREDIT
dc.subjectBANK FINANCING
dc.subjectBANK POLICIES
dc.subjectBANKING SECTOR
dc.subjectBANKING SERVICES
dc.subjectBINDING CONSTRAINTS
dc.subjectBOOK VALUE
dc.subjectBUSINESS DEVELOPMENT
dc.subjectBUSINESS ENVIRONMENT
dc.subjectBUSINESS ENVIRONMENTS
dc.subjectBUSINESS EXPANSION
dc.subjectBUSINESS LICENSES
dc.subjectCAPITAL GAIN
dc.subjectCASH PAYMENT
dc.subjectCOLLECTION PROCESS
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMERS
dc.subjectCOST OF CAPITAL
dc.subjectCOUNTRY DUMMIES
dc.subjectCREDIT ASSOCIATION
dc.subjectCREDIT EXPANSION
dc.subjectCREDIT GROWTH
dc.subjectCREDIT INFORMATION
dc.subjectCREDIT INFORMATION REGISTRY
dc.subjectCURRENCY
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT BANK
dc.subjectDOLLAR VALUE
dc.subjectDOMESTIC ECONOMY
dc.subjectDOMESTIC INVESTORS
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC MARKETS
dc.subjectDONOR AGENCIES
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC IMPACT
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMICS
dc.subjectEMPLOYMENT
dc.subjectENABLING ENVIRONMENT
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTS
dc.subjectEXPLOITATION
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKET
dc.subjectEXPORT MARKETS
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXPOSURE
dc.subjectEXTERNAL FINANCING
dc.subjectFARMS
dc.subjectFINANCE CORPORATION
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL SYSTEMS
dc.subjectFINANCING SOURCES
dc.subjectFIRM GROWTH
dc.subjectFIRM PERFORMANCE
dc.subjectFISCAL POLICY
dc.subjectFORECASTS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectFREE TRADE
dc.subjectFUTURE GROWTH
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGENERALIZED SYSTEM OF PREFERENCES
dc.subjectGOVERNMENT POLICY
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATES
dc.subjectHUMAN RESOURCE
dc.subjectINCOME LEVELS
dc.subjectINCOMES
dc.subjectINFRASTRUCTURE INVESTMENTS
dc.subjectINTERMEDIATE INPUTS
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL MARKET
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTMENT ACTIVITIES
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT PROJECTS
dc.subjectINVESTMENT PURPOSES
dc.subjectJURISDICTION
dc.subjectLABOR COSTS
dc.subjectLABOR FORCE
dc.subjectLABOR MARKETS
dc.subjectLABOR PRODUCTIVITY
dc.subjectLACK OF TRANSPARENCY
dc.subjectLAWS
dc.subjectLEGISLATION
dc.subjectLENDERS
dc.subjectLEVEL PLAYING FIELD
dc.subjectLIABILITY
dc.subjectLINE OF CREDIT
dc.subjectLOGGING
dc.titleLao PDR - Investment Climate Assessment : Policies to Promote Growth in the Non-Resource Sectors

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