Sims, Kearrin (2020) Laos set its own debt trap. East Asia Forum.

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Abstract

[Excerpt] On 23 September the Fitch Ratings agency downgraded Laos’ credit rating to CCC — the second downgrade in 2020, having dropped to B- in May. Much of the blame lies with COVID-19, which has seen Laos’ economic growth drop from 5.5 per cent in 2019 to a projected 0.5 per cent for 2020. This represents the country’s slowest economic growth recorded since 1990.

Item ID:	64926
Item Type:	Article (Editorial)
Copyright Information:	© 2019 East Asia Forum. All rights reserved.
Additional Information:	This article is available Open Access via the publisher's website.
Date Deposited:	17 Nov 2020 19:24
FoR Codes:	16 STUDIES IN HUMAN SOCIETY > 1606 Political Science > 160607 International Relations @ 100%
SEO Codes:	94 LAW, POLITICS AND COMMUNITY SERVICES > 9403 International Relations > 940304 International Political Economy (excl. International Trade) @ 100%
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