Developing Agriculture and Tourism for Inclusive Growth in the Lao People’s Democratic Republic

Developing Agriculture and Tourism for Inclusive Growth in the Lao People’s Democratic Republic
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 148
Release: 2021-09-01
Genre: Business & Economics
ISBN: 9292690418

This report explores potential links between the agriculture and tourism sectors that could strengthen infrastructure development and inclusive growth in the Lao People's Democratic Republic. Over the last 3 decades, the Lao People's Democratic Republic has seen remarkable economic growth, with per capita income quadrupling between 1989 and 2019. However, this growth has been accompanied by widening inequality as the economy generated limited job opportunities beyond agriculture. In the aftermath of the coronavirus disease (COVID-19) pandemic, this report emphasizes the need to develop synergies between agriculture and tourism. It recommends investing in infrastructure, human capital, and digital connectivity among other development areas in the country's agriculture and tourism sectors.

Hand-In-Hand Initiative Lao People’s Democratic Republic concept note

Hand-In-Hand Initiative Lao People’s Democratic Republic concept note
Author: Food and Agriculture Organization of the United Nations
Publisher: Food & Agriculture Org.
Total Pages: 41
Release: 2022-01-17
Genre: Political Science
ISBN: 9251355800

The Hand-in-Hand Initiative (HHI) was launched by the Director-General of the Food and Agriculture Organization of the United Nations (FAO), QU Dongyu, to help tackle the slow and negative trends in achieving the SDG targets, in particular the persistence of extreme poverty, hunger and malnutrition. The evidence-based, country-led and country-owned Initiative seeks to accelerate the agricultural transformation and sustainable rural development and brings an innovative approach to partnering through match-making. Countries and their partners are empowered through sophisticated data sharing and model-based analytics to improve the targeting of policies, innovation and investment. HIHI is an inclusive process that aims to build partnerships, alliances and synergies among public and private actors, as well as the international development partners for the goals of eradicating poverty and hunger and reducing inequalities. It will channel the required resources – technical, financial, institutional and human capital – to where they are needed the most and where the potential for reaching the SDG 1, SDG 2 and SDG 10 targets is greatest. On the occasion of the FAO Director-General’s visit to Lao PDR in March 2020, the HIHI was discussed as an opportunity to address key impediments to achieving the SDG1, SDG2 and SDG10. The Government of Lao PDR (GoL) suggested the HIHI be implemented in the emerging economic corridor along the Lao-China railway line. This key national infrastructure connects the country with the world’s largest market, China and other countries in ASEAN – the Association of Southeast Asian Nations. HIHI enhances the capacity of previously isolated communities to effectively and sustainably take advantage of the emerging opportunities afforded by the railway. This concept note highlights a general approach and process to address key impediments to achieving SDG 1, 2 and 10 targets in Lao PDR. It intends to generate support, partnership and engagement from a wide range of new and traditional partners such as the private sector, international agencies, resource partners and the target communities themselves. The proposed approach and framework are not a blueprint but rather a flexible mechanism that will adapt to emerging opportunities and partnerships, building synergies with relevant ongoing and planned initiatives.`

Lao People’s Democratic Republic: Agriculture, Natural Resources, and Rural Development Sector Assessment, Strategy, and Road Map

Lao People’s Democratic Republic: Agriculture, Natural Resources, and Rural Development Sector Assessment, Strategy, and Road Map
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 83
Release: 2018-12-01
Genre: Political Science
ISBN: 9292614657

This publication explains the evaluation and strategic investment priorities of the Government of the Lao People's Democratic Republic and the Asian Development Bank (ADB) in the agriculture, natural resources, and rural development sector. It highlights sector performance, priority development constraints, government plans and strategy, other development partner support, and ADB's past experience and future sector strategy. The country partnership strategy of ADB is also discussed and updated as strategic developments and program changes occur. Other background information about the sector for ADB's investment and technical assistance operations are also provided.

Lao People’s Democratic Republic

Lao People’s Democratic Republic
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 241
Release: 2008-10-21
Genre: Business & Economics
ISBN: 145182260X

This paper focuses on Second Poverty Reduction Strategy Paper for Lao People’s Democratic Republic. The economic sectors have undergone significant restructuring. This restructuring has been concentrated on production capacities, quality and efficiency, thus contributing to economic growth and meeting the initial requirements for international integration. The government has also concentrated on the development of agricultural production to reorient the agriculture sector from semisubsistence and subsistence to commercial production to ensure the enhanced supply of raw materials to the processing industries, meeting the growing domestic requirements for agricultural products, and rapidly expanding agricultural exports.

Leveraging Benefits of Regional Economic Integration

Leveraging Benefits of Regional Economic Integration
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 132
Release: 2022-12-01
Genre: Law
ISBN: 9292699253

This report shows how the Lao People’s Democratic Republic (Lao PDR) can leverage its regional position to boost trade, increase agriculture, and harness the power of its cities to promote inclusive and equitable growth. Analyzing the Lao PDR’s production and trading structure, it details the Greater Mekong Subregion’s plan to improve competitiveness, community, and connectivity in order to converge income and living standards between members. Outlining the need for structural transformation, it discusses the potential for the Lao PDR to upgrade its value chain positioning, diversify its industries, and capitalize on regional cooperation to achieve its development targets.

Lao PDR

Lao PDR
Author: Asian Development Bank
Publisher:
Total Pages: 190
Release: 2017-11
Genre: Social Science
ISBN: 9789292579937

This country diagnostic study provides comprehensive analysis and identifies promising new drivers of growth which the Lao PDR can develop to diversify its production. The Lao People's Democratic Republic (Lao PDR) has shown remarkable progress by consistently building itself into a market-oriented economy, with economic growth in 1986-2016 averaging around 6.5% per annum. The rapid and sustained growth brought about changes in the structure of output, but did not alter job composition: resource-based products still dominate in industry, low value-added jobs in services, and 65% of the labor force in agriculture. To address the lack of employment opportunities in high productivity sectors and accelerate the process of structural transformation, the Lao PDR country diagnostic study highlights the need to diversify the production structure toward more high value-added products and emphasizes the need to develop new drivers of growth. The study provides a comprehensive analysis and identifies the promising venues for upgrading the production structure of the economy.