The Lao People's Democratic Republic : Systemic Transformation and Adjustment /

Faced with a steadily worsening economy, the government of the Lao Peoples Democratic Republic took its first steps toward reforming its centrally planned economy in December 1979. The reform process gathered momentum with the introduction of the New Economic Mechanism in 1985, as the authorities be...

Descrición completa

Detalles Bibliográficos
Autor Principal: Otani, Ichiro
Outros autores: Pham, Chi
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 1996.
Series:Occasional Papers; Occasional Paper ; No. 1996/003
Acceso en liña:Full text available on IMF
Descripción
Summary:Faced with a steadily worsening economy, the government of the Lao Peoples Democratic Republic took its first steps toward reforming its centrally planned economy in December 1979. The reform process gathered momentum with the introduction of the New Economic Mechanism in 1985, as the authorities began a series of far-reaching policy reforms in virtually all economic areas. This paper provides a much-needed overview of the Lao P.D.R.'s experience with systemic transformation and macroeconomic adjustments in recent years and highlights challenges that the country is likely to face in the coming years.
descrición da copia:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Descrición Física:1 online resource (77 pages)
Formato:Mode of access: Internet
ISSN:0251-6365
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students