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Trade liberalization, economic reform and poverty reduction in Lao PDR

Fane, George

Description

Since 1986 Lao PDR has greatly reduced the barriers to international trade and the government's direct controls over the economy. Aggregate growth during this reform period has been quite rapid. Although the benefits of growth have gone disproportionately to the non-poor and inequality has increased, poverty incidence is nevertheless estimated to have fallen from about 45% in 1992-93 to 30% in 2002-03. After surveying these developments, this paper discusses the policies that the government is...[Show more]

CollectionsANU Research Publications
Date published: 2006
Type: Journal article
URI: http://hdl.handle.net/1885/19869
Source: Journal of the Asia Pacific Economy
DOI: 10.1080/13547860600591234

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