The Lao People's Democratic Republic
Subtitle: Systemic Transformation and Adjustment (IMF's Occasional Paper)
Contributors: Ichiro Otani (Editor); Chi Do Pham (Editor); C. Do Pham (Editor)
Publisher: International Monetary Fund
Published: November 1997
Language: eng
Format: Paperback
Number of pages: 77
ISBN-13: 9781557755605
Subjects: International finance; Macroeconomics; General; Business / Economics / Finance
First sentence: This paper assesses the experience of the Lao People's Democratic Republic (P.D.R.) with systemic transformation during 1989-94, when the IMF provided financial support under the structural adjustment facility (SAF) and the enhanced structural adjustment facility (ESAF), and highlights challenges that the country is likely to face in the coming years in conducting macroeconomic management and making further progress in structural reforms.