01717cas a2200253 a 4500 AALejournalIMF012370 230101c9999 xx r poo 0 0eng d 15.00 USD 9781557755605 0251-6365 BD-DhAAL BD-DhAAL Otani, Ichiro. The Lao People's Democratic Republic : Systemic Transformation and Adjustment / Ichiro Otani, Chi Pham. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (77 pages) Occasional Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Pham, Chi. Occasional Papers; Occasional Paper ; No. 1996/003 Full text available on IMF http://elibrary.imf.org/view/books/084/07126-9781557755605-en/07126-9781557755605-en-book.xml IMF e-Library