Economy of Laos (Paperback)

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The economy of Laos is rapidly growing, as it began to decentralise control and encouraged private enterprise in 1986. It opened a stock exchange in 2011, and has become a rising regional player in its role as a hydroelectric power supplier to neighbors such as China, Vietnam and Thailand. Although the country remains one of the poorest countries in South-East Asia. A landlocked country, it has inadequate infrastructure and a largely unskilled work force. The country's per capita income in 2009 was estimated to be $2,300 on a purchasing power parity-basis.