Publication:
Lao People's Democratic Republic Systematic Country Diagnostic: Priorities for Ending Poverty and Boosting Shared Prosperity

dc.contributor.authorWorld Bank Group
dc.date.accessioned2017-04-13T22:08:49Z
dc.date.available2017-04-13T22:08:49Z
dc.date.issued2017-03-09
dc.description.abstractLao PDR has made important gains in development in recent decades. Incomes rose, poverty declined, access to several key public services improved, and Lao PDR met a number of its Millennium Development Goals (MDGs). Lao PDR’s asset endowments, geography, and economic and social legacies have intertwined to shape a development experience of strong growth, limited inclusion, and considerable risks to sustainability. This reflects relative abundance of natural resources; landlocked and small size, ethnically diverse but part of a rapidly growing region; and institutions that have not kept pace with the changes in the economy. This Systematic Country Authority Diagnostic (SCD) aims to identify interventions that would deliver sustained growth and edge Lao PDR toward the twin goals of ending extreme poverty and boosting shared prosperity. The SCD employs a framework with three main pathways toward the twin goals, each addressing weaknesses identified in the diagnostics. Sustainably and efficiently managing the country’s natural resources, including collecting and managing resource rents, (Pathway 1) is critical to delivering strong growth and securing resources to build Lao PDR’s endowments of human and physical capital. Pathway 2 focuses on unlocking opportunities in the non-resource sectors to increase farmers’ incomes and create non-farm jobs, while Pathway 3 emphasizes improvements in human capital required to increase the ability of people to take on these opportunities. Measures to address the high vulnerability of people in Lao PDR further inform Pathway 3. The SCD also highlights the importance of strengthening institutions and governance, a critical cross-cutting challenge that affects progress in each of the three areas above. The pathways can be easily mapped to the three main outcomes of the eighth National Socio-Economic Development Plan (NSEDP).en
dc.identifierhttp://documents.worldbank.org/curated/en/983001490107755004/Lao-PDR-Systematic-Country-Diagnostic-Priorities-for-Ending-Poverty-and-Boosting-Shared-Prosperity
dc.identifier.doi10.1596/26377
dc.identifier.urihttps://hdl.handle.net/10986/26377
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectTWIN GOALS
dc.subjectSHARED PROSPERITY
dc.subjectPOVERTY REDUCTION
dc.subjectDEMOGRAPHICS
dc.subjectMIGRATION
dc.subjectJOB CREATION
dc.subjectCOMPETITIVENESS
dc.subjectINCLUSION
dc.subjectMACROECONOMIC POLICY
dc.subjectDISASTER RISK
dc.subjectSUSTAINABILITY
dc.subjectPRIORITIES
dc.titleLao People's Democratic Republic Systematic Country Diagnosticen
dc.title.subtitlePriorities for Ending Poverty and Boosting Shared Prosperityen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleLao People's Democratic Republic Systematic Country Diagnostic
okr.date.disclosure2017-03-21
okr.doctypeSystematic Country Diagnostic
okr.docurlhttp://documents.worldbank.org/curated/en/983001490107755004/Lao-PDR-Systematic-Country-Diagnostic-Priorities-for-Ending-Poverty-and-Boosting-Shared-Prosperity
okr.guid983001490107755004
okr.identifier.doi10.1596/26377
okr.identifier.externaldocumentum090224b084a232e2_1_0
okr.identifier.internaldocumentum27287418
okr.identifier.report112241
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/983001490107755004/pdf/Lao-PDR-SCD-03-09-2017-03162017.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryLao People's Democratic Republic
okr.topicEnvironment::Natural Resources Management
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Economic Policy, Institutions and Governance
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicPoverty Reduction::Inequality
okr.topicPoverty Reduction::Poverty Diagnostics
okr.topicPoverty Reduction::Pro-Poor Growth
okr.unitGMF - East Asia and Pacific 1 (GMF02)
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