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Laos - Competitiveness and Trade Project (Inglês)

The objectives of the Competitiveness and Trade Project are to simplify business regulations, facilitate trade, and improve firm-level competitiveness. There are four components to the project, the first component being improving the business environment. The pillar aims to improve the transparency and efficiency of the general business environment to reduce the costs it currently imposes on all enterprises, and SMEs that find it more difficult to deal with complex and nontransparent procedures that are applied based on deals, rather than rules. As a result, regulatory reforms are expected to particularly benefit such companies. Throughout this pillar, emphasis will be on ensuring that reforms and initiatives benefit particularly SMEs and proportionally benefit women-led enterprises. The second component is the facilitating trade and connecting to markets. This component is designed to support the Government of Lao PDR in implementing the provisions of the WTO TFA.20 Full and effective implementation of the TFA commitments is expected to reduce the high trade costs and delays resulting from administrative procedures to obtain trade documents and clearance for imports and exports, to increase certainty and reliability of imports and exports, and to increase trade transparency. The third component is the improving firm-level competitiveness will be implemented through component C.1 (Business Assistance Facility). This component is to complement improvements in the overall business and trade environment, this pillar will support individual private enterprises in accessing business development services through a matching grant facility. The intervention aims to reduce costs internal to firms by improving company management and innovation in terms of products, markets, and distribution channels such as e-commerce. Finally, the fourth component is the supporting better and more inclusive policies.

Detalhes

  • Data do documento

    2018/09/06

  • TIpo de documento

    Documento de avaliação do projeto:

  • No. do relatório

    PAD2820

  • Nº do volume

    1

  • Total Volume(s)

    1

  • País

    República Democrática Popular do Laos,

  • Região

    Leste Asiático e Pacífico,

  • Data de divulgação

    2018/09/29

  • Disclosure Status

    Disclosed

  • Board Meeting Date

    2018-09-27T00:00:00Z

  • Nome do documento

    Laos - Competitiveness and Trade Project

  • Palavras-chave

    basic structure; Gross National Income Per Capita; Annual Work Plan and Budget; regional and global value chains; small and medium size enterprise; business environment; Cost of Doing Business; access to finance; business development service; annual work plans; Environmental and Social Safeguard; access to the internet; accountability of line ministry; Expenditure and Consumption Survey; political economy of reform; regular investment; protection of minority investor; improvements in debt management; japan international cooperation agency; matching grant; regional economic integration; gross domestic product; enterprise registration; growth in trade; trade in goods; public sector finance; long-term climate change; frequency of use; participation of woman; reducing policy restriction; agriculture and forestry; value added tax; access to information; risk category; source of funding; enforcement of contract; legislation and regulation; enforcement of regulation; private sector job; capacity for implementation; credit information system; effectiveness of contract; public sector job; implementation of reform; enterprise survey; trade facilitation initiatives; trade facilitation agenda; competitiveness of enterprises; Grievance Redress Service; Business Enabling Environment; investments in agriculture; customs clearance time; number of beneficiaries; international good practice; natural resource sector; labor productivity; Advisory services; Public-Private Dialogue; facilitating trade; regulatory environment; development partner; result indicator; sales growth; online business; high trade; institutional context; documentary requirement; inclusive policies; private enterprise; inclusive growth; Business Regulation; computer terminal; trade costs; foreign company; large enterprise; regulatory transparency; process innovation; entrepreneurship development; Fixed Assets; pay taxes; formal employment; employment growth; wage work; political support; external partner; external demand; products export; business process; agricultural sector; supply chain; resource base; limited competition; transport cost; production process; market entry; regulatory requirement; credit market; business relationship; informal business; global economy; firm-level productivity; weak enforcement; export growth; capital intensity; management capacity; external costs; limited capacity; sectoral ministries; informal practice; regulatory burden; economic sector; public domain; national regulation; technical department; road map; trading community; business association; regulatory expert; reform actions; stakeholder consultation; Global Indicator; reform measure; trade documents; administrative procedure; business license; online portal; electronic system; grievance redressal; reform effort; registration system; active participant; private company; counterpart funding; retroactive financing; financing mechanism; disbursement ratio; nontransparent procedures; evidence-based policy; gender expertise; transparency agenda; grant recipient; independent contractor; demonstration effect; distribution channel; company management; central coordination; lowering trade; stakeholder engagement; transparent rule; regulatory challenge; medium-size company; management improvement; employment opportunity; employment opportunities; coherent policy; donor coordination; fund activity; Financial Sector; clearance process; firm competitiveness; extreme poverty; Country Systems; foreign investor; domestic businesses; quality investments; impact monitoring; multiple actor; legal reform; modernization program; commercial arbitration; trade procedures; taxpayer service; enhancing competitiveness; commercial bank; subsidized credit; building quality; internal process; internal cost; contract enforcement; Effective Date; Bank Policies; transition period; budget financing; eligibility criterion; law relate; food processing; social aspect; construction material; governmental action; real gdp

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