Current: Home » ASEAN Overview » text

Laos Economic Analysis

放大字体  缩小字体 Post date:2013-01-24  Views:87
Tips:Economic Analysis:The economy of the Lao Peoples' Democratic Republic is rapidly growing, as the government began to dec
 Economic Analysis:

The economy of the Lao Peoples' Democratic Republic is rapidly growing, as the government began to decentralise control and encourage private enterprise in 1986. It opened a stock exchange in 2011, and has become a rising regional player in its role as a hydroelectric power supplier to neighbors such as China, Vietnam and Thailand, although the country remains one of the poorest countries in South-East Asia. A landlocked country, it has inadequate infrastructure and a largely unskilled work force. The country's per capita income in 2009 was estimated to be $2,700 on a purchasing power parity-basis.

 


Keyword: Laos Economic Analysis

[ newsSearch ]  [ ]  [ Tell Friends ]  [ Print ]  [ Close ]

 

 
Recommended news
Click ranking

Copyright © 2004-2014 ChinaAseanTrade.com All rights reserved

沪公网安备 31010102002066号