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

Author: International Monetary Fund

Volume/Issue: Volume 2007 Issue 359

Publication date: November 2007

ISBN: 9781451822571

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , Public Finance , Natural Resources , 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

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Summary

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.