Lao PDR Economic Monitor : November 2008
The Lao PDR economy continues to grow, but at a relatively slower pace as the impacts of the global financial turmoil are starting to be felt. Real gross domestic product (GDP) growth is expected to slow in 2008 to about 7 percent as result of the impacts of the global financial crisis. GDP growth i...
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| Format: | Economic & Sector Work |
| Language: | en_US |
| Published: |
World Bank, Vientiane
2013
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/13811 |
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okr-10986-13811 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
en_US |
| topic |
accounting amount of money application forms Apr arrears ATMs audits average growth Balance of Payments bank accounts Banking Law banking regulation banking sector banking sector assets banking sector reform banking system borrowing broad money budget deficit budgeting calculations capacity building capacity constraints capacity enhancement capital expenditure Capital Expenditures capital goods capital inflows capital investment cash flow cash payment checks collateral collateral registries Commercial Bank Commercial Banks commodities commodity commodity price commodity prices Consumer Consumer Goods consumer price index consumers contingency Contract Law Contribution cost recovery credit constraints credit culture credit growth credit information credit information bureau credit unions credits currency currency mismatch Current account current account deficit debt burden debt ratios debt service debt servicing debt stocks debt sustainability debts decentralization deeds deposit deposits developing countries Development Bank dispute resolution domestic consumption domestic market Economic Development ECONOMIC DEVELOPMENTS equipment Exchange rate exchange rates expenditure External Debt external financing financial crisis financial information financial infrastructure financial institutions Financial Management financial services financial support Financial Sustainability fiscal deficit Fiscal performance fiscal policy fiscal position fiscal sustainability fiscal years fixed assets foreign currencies foreign direct investment foreign direct investments foreign investment Foreign investments foreign investors Future Growth general public government debt government expenditure Government Expenditures Government Finance Government revenue Government Revenues Gross Domestic Product Holding Human Development income tax Inflation inflation rate Institutional capacity instrument insurance intellectual property International banking International Development International Finance international markets International Trade investment activities investment climate Investment Funds investment programs joint venture banks judicial reform justice systems lack of regulation land parcels land policy Land Reform land title Land Titling legal framework liquidity liquidity crisis liquidity problems liquidity risk loan loan applications loan portfolio loan portfolios Low income macroeconomic performance macroeconomic policies market demand Medical care micro finance Microfinance microfinance institutions mobile phone Monetary Fund monetary policy money-market Non-Performing Loan non-performing loans NPL Oil price oil prices payment system poor credit Present Value price change price changes price movements private banks private financing private investments private investors private sector credit private sector investment profit margins property rights prudential regulations public debt PUBLIC EXPENDITURE public finance public investment purchases purchasing power rapid growth real costs Real exchange rates Recurrent expenditure recurrent expenditures registration system regulatory framework Reserves responsibilities return revenue assignments revenue performance risk management rule of law salaries salary sales savings savings deposits Settlement shareholder stakeholders state banks SWAp tariff system Tax tax concessions tax policy tax system tax treatment telecommunications telephone lines time deposits Total debt trading tranche Transaction transparency Treasury trust fund underdeveloped financial sector wage wages |
| spellingShingle |
accounting amount of money application forms Apr arrears ATMs audits average growth Balance of Payments bank accounts Banking Law banking regulation banking sector banking sector assets banking sector reform banking system borrowing broad money budget deficit budgeting calculations capacity building capacity constraints capacity enhancement capital expenditure Capital Expenditures capital goods capital inflows capital investment cash flow cash payment checks collateral collateral registries Commercial Bank Commercial Banks commodities commodity commodity price commodity prices Consumer Consumer Goods consumer price index consumers contingency Contract Law Contribution cost recovery credit constraints credit culture credit growth credit information credit information bureau credit unions credits currency currency mismatch Current account current account deficit debt burden debt ratios debt service debt servicing debt stocks debt sustainability debts decentralization deeds deposit deposits developing countries Development Bank dispute resolution domestic consumption domestic market Economic Development ECONOMIC DEVELOPMENTS equipment Exchange rate exchange rates expenditure External Debt external financing financial crisis financial information financial infrastructure financial institutions Financial Management financial services financial support Financial Sustainability fiscal deficit Fiscal performance fiscal policy fiscal position fiscal sustainability fiscal years fixed assets foreign currencies foreign direct investment foreign direct investments foreign investment Foreign investments foreign investors Future Growth general public government debt government expenditure Government Expenditures Government Finance Government revenue Government Revenues Gross Domestic Product Holding Human Development income tax Inflation inflation rate Institutional capacity instrument insurance intellectual property International banking International Development International Finance international markets International Trade investment activities investment climate Investment Funds investment programs joint venture banks judicial reform justice systems lack of regulation land parcels land policy Land Reform land title Land Titling legal framework liquidity liquidity crisis liquidity problems liquidity risk loan loan applications loan portfolio loan portfolios Low income macroeconomic performance macroeconomic policies market demand Medical care micro finance Microfinance microfinance institutions mobile phone Monetary Fund monetary policy money-market Non-Performing Loan non-performing loans NPL Oil price oil prices payment system poor credit Present Value price change price changes price movements private banks private financing private investments private investors private sector credit private sector investment profit margins property rights prudential regulations public debt PUBLIC EXPENDITURE public finance public investment purchases purchasing power rapid growth real costs Real exchange rates Recurrent expenditure recurrent expenditures registration system regulatory framework Reserves responsibilities return revenue assignments revenue performance risk management rule of law salaries salary sales savings savings deposits Settlement shareholder stakeholders state banks SWAp tariff system Tax tax concessions tax policy tax system tax treatment telecommunications telephone lines time deposits Total debt trading tranche Transaction transparency Treasury trust fund underdeveloped financial sector wage wages World Bank Lao PDR Economic Monitor : November 2008 |
| geographic_facet |
East Asia and Pacific Lao People's Democratic Republic |
| description |
The Lao PDR economy continues to grow, but at a relatively slower pace as the impacts of the global financial turmoil are starting to be felt. Real gross domestic product (GDP) growth is expected to slow in 2008 to about 7 percent as result of the impacts of the global financial crisis. GDP growth is also projected to slow to between 5 and 6 percent in 2009. However, growth remains fairly strong and still driven by the ongoing hydropower projects as well as agro processing industries, construction and other services. The resource sector contributes over 2 percent and non-resource sectors another 5 percent to the growth rate in 2008. In addition to domestic consumption, medium-term growth will be sensitive to changes in global commodity prices (mainly metals and agriculture) as well as to demand and investment from neighboring countries (especially Thailand, China and Vietnam). It reports on recent economic performance (Part I), progress in the implementation of the Government's policy reform agenda (Part II), and donor activities in the relevant reform areas (Part III). |
| format |
Economic & Sector Work |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Lao PDR Economic Monitor : November 2008 |
| title_short |
Lao PDR Economic Monitor : November 2008 |
| title_full |
Lao PDR Economic Monitor : November 2008 |
| title_fullStr |
Lao PDR Economic Monitor : November 2008 |
| title_full_unstemmed |
Lao PDR Economic Monitor : November 2008 |
| title_sort |
lao pdr economic monitor : november 2008 |
| publisher |
World Bank, Vientiane |
| publishDate |
2013 |
| url |
http://hdl.handle.net/10986/13811 |
| _version_ |
1764424642174386176 |
| spelling |
okr-10986-138112021-04-23T14:03:10Z Lao PDR Economic Monitor : November 2008 World Bank accounting amount of money application forms Apr arrears ATMs audits average growth Balance of Payments bank accounts Banking Law banking regulation banking sector banking sector assets banking sector reform banking system borrowing broad money budget deficit budgeting calculations capacity building capacity constraints capacity enhancement capital expenditure Capital Expenditures capital goods capital inflows capital investment cash flow cash payment checks collateral collateral registries Commercial Bank Commercial Banks commodities commodity commodity price commodity prices Consumer Consumer Goods consumer price index consumers contingency Contract Law Contribution cost recovery credit constraints credit culture credit growth credit information credit information bureau credit unions credits currency currency mismatch Current account current account deficit debt burden debt ratios debt service debt servicing debt stocks debt sustainability debts decentralization deeds deposit deposits developing countries Development Bank dispute resolution domestic consumption domestic market Economic Development ECONOMIC DEVELOPMENTS equipment Exchange rate exchange rates expenditure External Debt external financing financial crisis financial information financial infrastructure financial institutions Financial Management financial services financial support Financial Sustainability fiscal deficit Fiscal performance fiscal policy fiscal position fiscal sustainability fiscal years fixed assets foreign currencies foreign direct investment foreign direct investments foreign investment Foreign investments foreign investors Future Growth general public government debt government expenditure Government Expenditures Government Finance Government revenue Government Revenues Gross Domestic Product Holding Human Development income tax Inflation inflation rate Institutional capacity instrument insurance intellectual property International banking International Development International Finance international markets International Trade investment activities investment climate Investment Funds investment programs joint venture banks judicial reform justice systems lack of regulation land parcels land policy Land Reform land title Land Titling legal framework liquidity liquidity crisis liquidity problems liquidity risk loan loan applications loan portfolio loan portfolios Low income macroeconomic performance macroeconomic policies market demand Medical care micro finance Microfinance microfinance institutions mobile phone Monetary Fund monetary policy money-market Non-Performing Loan non-performing loans NPL Oil price oil prices payment system poor credit Present Value price change price changes price movements private banks private financing private investments private investors private sector credit private sector investment profit margins property rights prudential regulations public debt PUBLIC EXPENDITURE public finance public investment purchases purchasing power rapid growth real costs Real exchange rates Recurrent expenditure recurrent expenditures registration system regulatory framework Reserves responsibilities return revenue assignments revenue performance risk management rule of law salaries salary sales savings savings deposits Settlement shareholder stakeholders state banks SWAp tariff system Tax tax concessions tax policy tax system tax treatment telecommunications telephone lines time deposits Total debt trading tranche Transaction transparency Treasury trust fund underdeveloped financial sector wage wages The Lao PDR economy continues to grow, but at a relatively slower pace as the impacts of the global financial turmoil are starting to be felt. Real gross domestic product (GDP) growth is expected to slow in 2008 to about 7 percent as result of the impacts of the global financial crisis. GDP growth is also projected to slow to between 5 and 6 percent in 2009. However, growth remains fairly strong and still driven by the ongoing hydropower projects as well as agro processing industries, construction and other services. The resource sector contributes over 2 percent and non-resource sectors another 5 percent to the growth rate in 2008. In addition to domestic consumption, medium-term growth will be sensitive to changes in global commodity prices (mainly metals and agriculture) as well as to demand and investment from neighboring countries (especially Thailand, China and Vietnam). It reports on recent economic performance (Part I), progress in the implementation of the Government's policy reform agenda (Part II), and donor activities in the relevant reform areas (Part III). 2013-06-06T21:28:24Z 2013-06-06T21:28:24Z 2008-11 http://hdl.handle.net/10986/13811 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Vientiane Economic & Sector Work East Asia and Pacific Lao People's Democratic Republic |