Economic growth and development in Lao PDR: who pays for progress?

Sims, Kearrin (2017) Economic growth and development in Lao PDR: who pays for progress? Human Rights Defender, 26 (1). pp. 20-21.

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In many respects, the Lao People's Democratic Republic (Lao PDR) is a development success story. Since 2006, the country's average economic growth rate of 7.9 per cent has made it one of the ten fastest growing economies in the world - and seen its income categorisation rise from a low-income to a lower-middle income economy. During the past decade, foreign direct investment has grown dramatically, gross national income has doubled and the official poverty rate has declined from 33.5 per cent to around 23 per cent.2 Economic growth has been accompanied by progress on many of the country's former Millennium Development Goal (MDG) targets, and in 2010, the United Nations Development Programme (UNDP) labelled Lao PDR as the sixth most successful country for improved human development in the past 40 years.

Item ID: 49101
Item Type: Article (Scholarly Work)
ISSN: 1039-2637
Keywords: laos, human rights
Date Deposited: 02 Aug 2017 05:42
FoR Codes: 16 STUDIES IN HUMAN SOCIETY > 1606 Political Science > 160605 Environmental Politics @ 100%
SEO Codes: 94 LAW, POLITICS AND COMMUNITY SERVICES > 9402 Government and Politics > 940299 Government and Politics not elsewhere classified @ 100%
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