During the second half of the 1980s, Lao PDR embarked on an ambitious program of economic reforms, called the New Economic Mechanism, whose main purpose was to gradually transform its centrally-planned economy into a market-oriented economy. The initial reform momentum lasted about one decade. The far-reaching reform program encompassed many critical components including: (a) promotion of private production through improved incentives; (b) institutional...
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DETALHES
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2002/07/15
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Documento de Trabalho
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93792
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1
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1
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2015/01/22
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Disclosed
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The banking and financial sector of Lao PDR : financial sector note
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financial system
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