Tag
Laos economy
Laos Is On the Brink of Sovereign Bankruptcy
By Luke Hunt
Debt, wealth inequality, and corruption will keep the country poor.
In Laos, Prime Minister Phankham Viphavanh Is In Trouble
By David Hutt
Since he took the reins last year, the country's economy has entered a downward economic spiral with no clear end in sight.
Fuel Shortages Threatens Rural Crisis in Laos
By Sebastian Strangio
A candid report in a sedate state-run newspaper hints at the seriousness of the country’s economic problems.
What’s Causing the Currency Crisis in Laos?
By James Guild
Mounting foreign liabilities and thin foreign exchange reserves have left the nation of 7 million acutely vulnerable to global financial shocks.
Lao Economy Grinding to a Halt as Fuel Crisis Deepens
By Sebastian Strangio
A plummeting currency, dwindling foreign reserves, and a spike in global oil prices have led to shortages across the country.
Despite Crime Concerns, Laos Authorizes Cryptocurrency Trial
By Sebastian Strangio
But little good will come from authorizing the mining and trading of the volatile digital currencies.
Laos Introduces Two-Week Lockdown to Contain Rare COVID-19 Outbreak
By Sebastian Strangio
The outbreak comes after a year in which the Southeast Asian nation mostly evaded the coronavirus.
Chinese Casino Magnate’s Empire Set to Expand in Laos
By Sebastian Strangio
The businessman Zhao Wei has established close relationships to Laos's communist elite.
Laos’ Austerity Fantasies Reveal the Communist Party’s Weaknesses
By David Hutt
Ballooning external debt and growing fiscal deficits augur political storm clouds for the ruling LPRP.
How Much Should We Worry About Laos’ Debt?
By David Hutt
Laos has several options for dealing with its debt crisis, and none of them are palatable.
What Lies Ahead for Laos’ Economy Beyond Its Coming LDC Graduation?
By Buavanh Vilavong and Sitthiroth Rasaphone
A closer look at Laos's economy amid its success in achieving eligibility for graduation.
What’s Behind Laos’ New Budget Crackdown?
By Tae-jun Kang
A closer look at the rising focus on the regulation of public expenditure and its significance.