Publication:
Lao PDR Economic Monitor, January 2014 : Managing Risks for Macroeconomic Stability

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dc.contributor.authorWorld Bank
dc.date.accessioned2014-03-25T18:47:57Z
dc.date.available2014-03-25T18:47:57Z
dc.date.issued2014-01
dc.description.abstractThe sector focus for this issue concerns school based management, current conditions and recommendations for the future. Lao PDR's education system faces challenges in meeting its goals of providing all students with access to education and improving learning outcomes. The study presents a framework explaining how school based management can help improve education quality. The Lao economy is estimated to grow at 8.1 percent in 2013, fueled by a vibrant resource sector, continued FDI-financed investment in hydropower, and accommodative macro economic policies. Growth is projected to moderate to 7.2 percent in 2014, reflecting a small projected slowdown in some real sectors, mainly mining and construction. Inflationary pressures, mainly through food prices, are not showing signs of dissipating by end 2013. In FY12/13, the fiscal deficit widened markedly due to a combination of a large increase in public sector wages and benefits, and a decline in grants and mining revenues. The FY13/14 budget plan indicates a narrower fiscal deficit of about 4.3 percent. The risk of debt distress remains moderate, according to the recent Joint IMF-World Bank Debt Sustainability Analysis (DSA) 2013. While the Bank of Lao PDR maintains nominal exchange rate stability of the Lao kip against major currencies, foreign exchange policy should probably give more consideration to reserve management and competitiveness. Foreign exchange reserves and net foreign assets continued to fall in the third quarter of 2013.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/01/19127189/managing-risks-macroeconomic-stability
dc.identifier.doi10.1596/17363
dc.identifier.urihttps://hdl.handle.net/10986/17363
dc.languageEnglish
dc.language.isoen_US
dc.publisherVientiane
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO EDUCATION
dc.subjectACCOUNTABILITY
dc.subjectADMINISTRATIVE CONTROL
dc.subjectADVERSE SHOCK
dc.subjectADVERSE SHOCKS
dc.subjectAGRICULTURE
dc.subjectARREARS
dc.subjectAUTONOMY
dc.subjectBALANCE OF PAYMENT
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK CREDIT
dc.subjectBANK DEBT
dc.subjectBANK LENDING
dc.subjectBANK OF THAILAND
dc.subjectBANK OFFICE
dc.subjectBANK SUPERVISION
dc.subjectBANKING SECTOR
dc.subjectBILATERAL EXCHANGE RATES
dc.subjectBILL
dc.subjectBLOCK GRANT
dc.subjectBLOCK GRANTS
dc.subjectBOND
dc.subjectBOND ISSUANCE
dc.subjectBOND MARKET
dc.subjectBROAD MONEY
dc.subjectBUDGETING
dc.subjectBUFFERS
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL GOODS
dc.subjectCAPITAL GOODS IMPORTS
dc.subjectCAPITAL INFLOWS
dc.subjectCASH WITHDRAWALS
dc.subjectCHAMBER OF COMMERCE
dc.subjectCIVIL SERVICE
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL BORROWING
dc.subjectCOMMODITY PRICES
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONTINGENT LIABILITIES
dc.subjectCREDIT GROWTH
dc.subjectCREDITORS
dc.subjectCREDITS
dc.subjectCURRENCY EARNINGS
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDEBT
dc.subjectDEBT MANAGEMENT
dc.subjectDEBT REPAYMENTS
dc.subjectDEBT SERVICE
dc.subjectDEBT SUSTAINABILITY
dc.subjectDECISION MAKING
dc.subjectDEMAND GROWTH
dc.subjectDEPOSITS
dc.subjectDISBURSEMENTS
dc.subjectDOMESTIC BANKING
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC DEMAND
dc.subjectDUE DILIGENCE
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC OUTLOOK
dc.subjectECONOMIC POLICIES
dc.subjectEDUCATION DEVELOPMENT
dc.subjectEDUCATION SYSTEM
dc.subjectEFFECTIVE EXCHANGE RATE
dc.subjectEMERGING MARKETS
dc.subjectEMPOWERMENT
dc.subjectENROLLMENT
dc.subjectEQUIPMENT
dc.subjectEQUITY STAKE
dc.subjectEQUITY STAKES
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE STABILITY
dc.subjectEXCHANGE RATES
dc.subjectEXCISE TAXES
dc.subjectEXPENDITURE
dc.subjectEXPORT EARNINGS
dc.subjectEXPORTS
dc.subjectEXTERNAL BALANCE
dc.subjectEXTERNAL BORROWING
dc.subjectEXTERNAL DEBT
dc.subjectFAMILIES
dc.subjectFINANCES
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFISCAL BALANCE
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL POLICIES
dc.subjectFISCAL POLICY
dc.subjectFOOD PRICE
dc.subjectFOOD PRICES
dc.subjectFOREIGN ASSETS
dc.subjectFOREIGN CURRENCIES
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN CURRENCY DEPOSITS
dc.subjectFOREIGN CURRENCY LENDING
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE POLICY
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN RESERVES
dc.subjectGDP
dc.subjectGLOBAL ECONOMY
dc.subjectGOLD
dc.subjectGOLD PRICE
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SPENDING
dc.subjectGRANT PROGRAMS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHOUSEHOLDS
dc.subjectIMPORT
dc.subjectIMPORT GROWTH
dc.subjectIMPORTS
dc.subjectINFLATION
dc.subjectINFLATION EXPECTATIONS
dc.subjectINFLATIONARY PRESSURES
dc.subjectINTERNATIONAL RESERVES
dc.subjectINVESTMENT INFLOWS
dc.subjectLABOR COSTS
dc.subjectLEVERAGE
dc.subjectLOCAL CAPACITY
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL INFRASTRUCTURE
dc.subjectLOSS OF COMPETITIVENESS
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC POLICY
dc.subjectMACROECONOMIC STABILITY
dc.subjectMAJOR CURRENCIES
dc.subjectMONETARY AUTHORITY
dc.subjectMONETARY FUND
dc.subjectMONETARY POLICIES
dc.subjectMONETARY POLICY
dc.subjectNEGATIVE SHOCKS
dc.subjectNOMINAL EXCHANGE RATE
dc.subjectNON-PERFORMING LOAN
dc.subjectNON-PERFORMING LOANS
dc.subjectNPL
dc.subjectOPERATING COST
dc.subjectPOLITICAL TURMOIL
dc.subjectPRESENT VALUE
dc.subjectPRESENT VALUE OF DEBT
dc.subjectPRICE INFLATION
dc.subjectPRIVATE SECTOR CREDIT
dc.subjectPRODUCTION COSTS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SCHOOLS
dc.subjectPUBLIC SPENDING
dc.subjectREAL APPRECIATION
dc.subjectREAL EFFECTIVE EXCHANGE RATE
dc.subjectREAL EFFECTIVE EXCHANGE RATES
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL EXCHANGE RATES
dc.subjectREAL GDP
dc.subjectRECURRENT EXPENDITURE
dc.subjectRESERVE
dc.subjectRETURN
dc.subjectRISK OF DEBT
dc.subjectSCHOOL FACILITIES
dc.subjectSECURITIES
dc.subjectSECURITIES EXCHANGE
dc.subjectSETTLEMENT
dc.subjectSHORTFALLS
dc.subjectSLOWDOWN
dc.subjectSOURCES OF FINANCE
dc.subjectSOVEREIGN BONDS
dc.subjectSTRONG CAPITAL INFLOWS
dc.subjectSUPPLY SIDE
dc.subjectSURPLUS
dc.subjectTAX
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTERRORISM
dc.subjectTRADE FACILITATION
dc.subjectTRANCHE
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectUNCERTAINTY
dc.subjectUNION
dc.subjectVALUATION
dc.subjectVALUE ADDED
dc.subjectVILLAGES
dc.subjectWAGES
dc.titleLao PDR Economic Monitor, January 2014 : Managing Risks for Macroeconomic Stabilityen
dspace.entity.typePublication
okr.date.disclosure2014-02-26
okr.date.doiregistration2025-05-07T10:57:40.641955Z
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2014/01/19127189/managing-risks-macroeconomic-stability
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.guid804051468266172510
okr.guid306781468299683194
okr.identifier.externaldocumentum000333037_20140226115638
okr.identifier.internaldocumentum19127189
okr.identifier.report84807
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/02/26/000333037_20140226115638/Rendered/PDF/848070WP0LEM0J00Box382144B00PUBLIC0.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryLao People's Democratic Republic
okr.sectorAgriculture, fishing, and forestry
okr.sectorPublic Administration, Law, and Justice::General public administration sector
okr.sectorFinance
okr.sectorIndustry and trade
okr.themeEconomic management::Analysis of economic growth
okr.themeEconomic management::Macroeconomic management
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicBanks and Banking Reform
okr.topicEconomic Theory and Research
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicFinance and Financial Sector Development::Currencies and Exchange Rates
okr.topicMacroeconomics and Economic Growth
okr.unitSoutheast Asia PREM Sector (EASPT)
okr.volume1 of 1
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