Lao People's Democratic Republic [electronic resource] : Selected Issues and Statistical Appendix.

By: International Monetary FundMaterial type: TextTextSeries: IMF Staff Country Reports, Country Report ; No. 07/359Publication details: Washington, D.C. : International Monetary Fund, 2007Description: 1 online resource (67 p.)ISBN: 145182257X :ISSN: 1934-7685Subject(s): Balance of Payments | Economic Indicators | Fiscal Management | Gross Domestic Product | Mining Sector | Natural ResourcesAdditional physical formats: Print Version:: Lao People's Democratic Republic : Selected Issues and Statistical AppendixOnline resources: IMF e-Library | IMF Book Store Abstract: This Selected Issues paper and Statistical Appendix for the Lao People's Democratic Republic (PDR) review the macroeconomic impact of the resource sector. Lao PDR's economic performance is becoming increasingly dependent on the activities of the large mining and hydropower projects. The economic value of the resource projects is significant, even if only proven mineral reserves and hydropower plants are considered. The overall macroeconomic impact of the resource sector over the medium term will depend on the quality and timeliness of the policies adopted to sustain the growth of the non-resource sector.
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This Selected Issues paper and Statistical Appendix for the Lao People's Democratic Republic (PDR) review the macroeconomic impact of the resource sector. Lao PDR's economic performance is becoming increasingly dependent on the activities of the large mining and hydropower projects. The economic value of the resource projects is significant, even if only proven mineral reserves and hydropower plants are considered. The overall macroeconomic impact of the resource sector over the medium term will depend on the quality and timeliness of the policies adopted to sustain the growth of the non-resource sector.

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