Economic progress brings new challenges in Laos

Sims, Kearrin (2022) Economic progress brings new challenges in Laos. East Asia Forum, 16 February 2022.

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Abstract

[Extract] It was a milestone year for Laos in 2021. The ruling Lao Peoples’ Revolutionary Party held its 11th Congress, finally realised its long-held aspiration to graduate from Least Developed Country status, and released a draft of the country’s ninth National Socio-Economic Development Plan. Laos also joined the newly ratified Regional Comprehensive Economic Partnership (RCEP), commenced operations on the highly controversial Kunming to Vientiane high-speed railway, and the leadership duo of President Thongloun Sisoulith and Prime Minister Phankham Viphavanh undertook some much-needed action on political corruption.

Item ID: 72489
Item Type: Article (Editorial)
Keywords: Laos, debt, infrastructure
Copyright Information: CC BY-NC-ND
Date Deposited: 17 Feb 2022 00:20
FoR Codes: 44 HUMAN SOCIETY > 4404 Development studies > 440407 Socio-economic development @ 100%
SEO Codes: 23 LAW, POLITICS AND COMMUNITY SERVICES > 2303 International relations > 230304 International political economy (excl. international trade) @ 100%
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