Multi-dimensional Review of Lao PDR / Organisation for Economic Co-operation and Development.

Format:

Book

Author/Creator:

Organisation for Economic Co-operation and Development, author, issuing body.

Language:

English

Subjects (All):

Economic development.

Sustainable development.

Physical Description:

1 online resource (327 pages)

Place of Publication:

Paris : OECD Publishing, 2024.

Summary:

"Lao People's Democratic Republic (Lao PDR) has made significant headway on its development path over the past three decades. The country's sustained economic growth has been led by booming commodity exports and substantial in flows of external financing. Many Laotians have seen significant improvements in their wellbeing. Poverty has declined as household income has increased, and many important development goals in education and health have been achieved. In the face of macroeconomic challenges, a shift from commodity-driven growth to a more inclusive prosperity paradigm that emphasises the creation of broad-based opportunities, human capital development and green sustainability can unlock Lao PDR's future development. This report presents priorities for overcoming the country's current fiscal constraints and finding ways to fund this shift. Recommendations address strengthening Lao PDR's sustainable finance and debt management, revenue generation and tax reform, investment promotion, and data capacity in order to tap into green finance mechanisms.".

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

92-64-49157-0