World BankAsian Development Bank2012-06-082012-06-082007https://hdl.handle.net/10986/7591The survey on Lao private sector and investment climate covered 303 firms in six sectors and seven provinces (Vientiane City, Oudomxay, Luang Prabang, Luangnamtha, Xayaboury, Savannakhet, and Champassack). The survey included 246 firms in manufacturing covering wood processing, construction materials, garments, textiles/handicraft, and food and beverage sectors and 57 firms in tourism covering hotels, tour operators, and travel agencies. With the exception of the garment and wood processing sectors, which traditionally have larger firms and more foreign investment, most firms in the sample were domestic small and medium enterprises (SMEs). The survey provided three types of information useful for the Investment Climate Assessment: perceptions of firms operating in Lao PDR regarding the relative importance of investment climate constraints to their businesses; quantitative data on firms' performance and productivity; and comparator country information from their ICAs, for benchmarking Lao PDR's investment climate against regional standards.en-USCC BY 3.0 IGOACCESS TO CAPITALACCESS TO CREDITACCESS TO FINANCEACCESS TO FINANCINGACCESS TO MARKETSACCESSIBILITYACCOUNTINGADBAGRICULTURAL PRODUCTSAIRAPPLICATION PROCESSBANK FINANCINGBANKING SECTORBANKING SYSTEMBARTERBEST PRACTICESBORDER TRANSPORTATIONBORROWINGBOTTLENECKSBRIBEBRIBESBUSINESS DEVELOPMENTBUSINESS OPPORTUNITIESCALCULATIONSCAPACITY BUILDINGCAPITAL ACCUMULATIONCAPITAL FORMATIONCOMMERCIAL BANKCOMMERCIAL BANKSCOMMODITIESCONSUMERCONSUMER INFORMATIONCONSUMER PRICE INDEXCONSUMERSCONTRIBUTIONCORPORATE GOVERNANCECORRUPTIONCURRENCYCURRENCY MISMATCHESCURRENT ACCOUNTDEBTDEBT REPAYMENTDEFICITSDEPOSITSDEVELOPING COUNTRIESDEVELOPMENT BANKDOMESTIC MARKETDRIVERSEARNINGSECONOMIC ACTIVITIESECONOMIC COOPERATIONECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMIC TRANSACTIONSEFFICIENCY OF INFRASTRUCTUREEMPLOYMENTEMPLOYMENT OPPORTUNITIESENTERPRISE DEVELOPMENTENTERPRISE PROMOTIONENTREPRENEURSENTREPRENEURSHIPENTRY BARRIERSEXCHANGE RATEEXCHANGE RATE MOVEMENTSEXPENDITUREEXPENDITURESEXPORT GROWTHEXPORTEREXPORTERSFINANCE CONSTRAINTSFINANCIAL CRISISFINANCIAL SECTORFINANCIAL SERVICESFINANCIAL STABILITYFINANCIAL SYSTEMFINANCING FACILITIESFIRM PERFORMANCEFIXED COSTSFOREIGN BANKSFOREIGN CURRENCYFOREIGN DIRECT INVESTMENTFOREIGN EQUITYFOREIGN FIRMSFOREIGN INVESTMENTFOREIGN INVESTMENTSGOVERNMENT FINANCEGOVERNMENT INVESTMENTSGOVERNMENT POLICIESGOVERNMENT REGULATIONGOVERNMENT REGULATIONSGROSS DOMESTIC PRODUCTHANDICRAFTHANDICRAFTSHIGH TRANSPORTHOUSEHOLD BUSINESSHOUSEHOLD BUSINESSESHOUSEHOLDSHUMAN RESOURCEINCOME LEVELSINFLATIONINFORMAL ECONOMYINFORMATION CAMPAIGNINFORMATION SYSTEMINFRASTRUCTURE FINANCEINTEREST RATESINTERNAL FUNDSINTERNATIONAL BANKINTERNATIONAL DEVELOPMENTINTERNATIONAL FINANCEINTERNATIONAL FINANCIAL STATISTICSINTERNATIONAL MARKETSINTERNATIONAL STANDARDSINVESTMENT CLIMATEINVESTMENT CLIMATE ASSESSMENTINVESTMENT PROJECTSINVESTMENT STRATEGIESLABOR FORCELARGE ENTERPRISESLARGE FIRMSLEGAL SYSTEMLEVEL PLAYING FIELDLIMITED ACCESSLIMITED ACCESS TO FINANCELOANLONG-TERM ASSETSLONG-TERM INVESTMENTLONG-TERM LOANSLOW-INCOMEMACROECONOMIC CONDITIONSMACROECONOMIC ENVIRONMENTMACROECONOMIC INSTABILITYMACROECONOMIC POLICYMACROECONOMIC STABILITYMACROECONOMIC UNCERTAINTYMARKET ECONOMYMARKETINGMATURITIESMEDIUM ENTERPRISEMEDIUM ENTERPRISESMICRO ENTERPRISESMICROENTERPRISESMICROFINANCEMICROFINANCE INSTITUTIONSMONETARY FUNDMONETARY STABILITYMONEY LENDERSMULTINATIONALNOMINAL INTEREST RATESOPPORTUNITY COSTSOVERDRAFTOVERDRAFT FACILITIESOVERDRAFT FACILITYPOLICEPOOR ACCESSPOOR INVESTMENTPOVERTY RATESPRIVATE BANKSPRIVATE INVESTMENTPRIVATE INVESTMENTSPRIVATE SECTOR INVESTMENTPRODUCTIVITYPROPERTY RIGHTSPUBLIC INVESTMENTPUBLIC INVESTMENTSPUBLIC POLICYQUESTIONNAIREQUESTIONNAIRESREAL INTERESTREAL INTEREST RATESRED TAPEREGULATORY FRAMEWORKREGULATORY POLICYREPAYMENT CAPACITYROADROAD CONDITIONSROADSSALESSENIORSHORT-TERM CAPITALSKILLED WORKERSSMALL ENTERPRISESMALL ENTERPRISESSMALLER ENTERPRISESSOURCES OF FINANCESTAKEHOLDERSSTART-UPSTATE BANKSSTRATEGIC INVESTORSSUPPLY CHAINSUPPLY CHAINSTAXTAX ADMINISTRATIONTAX COLLECTIONTAX COLLECTIONSTAX RATESTAX RULESTAXATIONTELECOMMUNICATIONSTRADE FACILITATIONTRANSITION COUNTRIESTRANSITION ECONOMYTRANSPARENCYTRANSPORTTRANSPORT COSTSTRANSPORT INFRASTRUCTURETRANSPORT SECTORTRANSPORT SERVICESTRANSPORT SUPPLYTRANSPORTATIONTRANSPORTATION EXPENDITURESTRANSPORTATION PROBLEMSTRUETURNOVERURBAN AREASVILLAGEVILLAGESWITHDRAWALWORKING CAPITALReducing Investment Climate Constraints to Higher Growth : Lao People's Democratic Republic Private Sector and Investment Climate AssessmentWorld Bank10.1596/7591