Lao People's Democratic Republic 1990

By: Paris | United Nations Conference on the Least Developed Countries | 3-14 September, 1990
Publisher: UNCTAD ; Geneva Description: 27 p; tblsSubject(s): LEAST DEVELOPED COUNTRIES | LAO PEOPLE'S DEMOCRATIC REPUBLIC | ECONOMIC REFORM | DECENTRALIZATIONSummary: The country is rich in mineral resources and has vast agricultural and hydro-electric potential. Inadequate physical infrastructure, shortage of skilled technical and managerial personnel and lack of financial resources have curtailed development. The government adopted a new policy and programme of action of which the key component was decentralization of economic decision making, thus improving the performance of the public sector.
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The country is rich in mineral resources and has vast agricultural and hydro-electric potential. Inadequate physical infrastructure, shortage of skilled technical and managerial personnel and lack of financial resources have curtailed development. The government adopted a new policy and programme of action of which the key component was decentralization of economic decision making, thus improving the performance of the public sector.

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