Lao People’s Democratic Republic: Selected Issues and Statistical Appendix

International Monetary Fund

No 2007/359, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix for the Lao People’s Democratic Republic (PDR) review the macroeconomic impact of the resource sector. Lao PDR’s economic performance is becoming increasingly dependent on the activities of the large mining and hydropower projects. The economic value of the resource projects is significant, even if only proven mineral reserves and hydropower plants are considered. The overall macroeconomic impact of the resource sector over the medium term will depend on the quality and timeliness of the policies adopted to sustain the growth of the non-resource sector.

Keywords: ISCR; CR; revenue; resource; resource revenue; equity; bullet; export; market opportunity; resource surplus; resource curse; Lao P.D.R. authorities; import growth; hydro resource potential; sector deficit; resource bonanza; IMF commodity price system; resource project; revenue spending; hydro resource endowment; hydropower resource; Mining sector; Non-renewable resources; Stocks; Commodity prices; Global (search for similar items in EconPapers)
Pages: 67
Date: 2007-11-07
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