TITLE

Country Risk Summary: LAOS

PUB. DATE
April 2004
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Apr2004, Vol. 15 Issue 4, p7
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
With a sizeable current account imbalance and a widening fiscal deficit, the danger of macroeconomic instability in the form of high inflation and large fluctuations in the exchange rate is high. The government's target of single-digit inflation has remained elusive over the past two years and this is unlikely to change in 2004-2005, The exchange rate has been more stable in recent months but is vulnerable to fluctuations given the current account imbalance and a tendency towards fiscal indiscipline. The signing of a bilateral trade accord with the U.S. last year has increased the likelihood that Laos will receive normal trade relations in the next year or so.
ACCESSION #
12789984

 

Related Articles

  • India Sees Growth over 8 Percent, Set for 'Big Bang' Reforms.  // India -- West;3/6/2015, Vol. 40 Issue 16, pA38 

    No abstract available.

  • QUELLE EFFICACITÉ DE LA POLITIQUE MONÉTAIRE EN INDE? BRAHMI, ABDENOR; ETOILE, KAVDAMANE // Revue d'Économie Financière;sep2012, Vol. 107, p137 

    The resurgence of inflation in India since 2009 leads us to examine the steps taken by the Reserve Bank of India, its priorities and objectives. These are multiple: monetary stability and economic growth, but also exchange rate management. The paper assesses the recent activity of the central...

  • Hot Spots: Brazil. Belcs�k, Hans // Business Credit;Mar2006, Vol. 108 Issue 3, p58 

    The article examines the economic conditions in Brazil in 2006. Key issues discussed include inflation and interest rates, economic growth rates, economic policies pertaining to fiscal spending and the budget deficit, consumer price inflation, balance of payments and foreign exchange rates and...

  • Suffering In Common With EM FX.  // Emerging Markets Monitor;3/21/2005, Vol. 10 Issue 47, p14 

    Presents updates on the economic conditions in Hungary as of March 21, 2005. Hungarian foreign exchange rates; Budget deficit of the country; Anticipation on the inflation targets of the country.

  • CEE FX: PLN Over HUF.  // Emerging Markets Monitor;3/14/2005, Vol. 10 Issue 46, p12 

    Focuses on the budget deficit in Hungary in 2005. Forecast on the budget deficit in 2004; Implications of weak budgetary stance of the government for inflation; Projections on the exchange rates in country; Performance of local debt market.

  • TÃœRKÄ°YE'DE VE ARJANTÄ°N'DE YAÅžANAN 2001 EKONOMÄ°K KRÄ°ZLERÄ°NÄ°N VE KRÄ°ZDEN ÇIKIÅž YOLLARININ KARÅžILAÅžTIRMALI ANALÄ°ZÄ°. Bayat, Tayfur; Tüfekçi, Ali // e-Journal of New World Sciences Academy (NWSA);2009, Vol. 4 Issue 1, p72 

    In this study we investigated that the 2001 economic crises of Turkey and Argentina happened due to same causes. However each countries demonstrated some different feature in economy like Banking system, just before the 2001 crisis, both of them gave budget deficit, current account deficit and...

  • THE LIMITS TO DOLLARIZATION IN ECUADOR: LESSONS FROM ARGENTINA. Vernengo, Matias; Bradbury, Mathew // Journal of World-Systems Research;Spring2011, Vol. 17 Issue 2, p447 

    The paper draws lessons from the failed Argentine experience with convertibility to highlight the dangers of dollarization in Ecuador. Argentina's currency peg to the US dollar was successful in reducing inflation but given the overvalued real exchange rate, created burgeoning twin deficits and...

  • Growth Profile Should Support INR...  // Emerging Markets Monitor;5/17/2004, Vol. 10 Issue 6, p6 

    Reports on the possible effects of India's growth profile on the foreign exchange value of the Indian rupee as of May 17, 2004. Support for the rupee; Growth rate of India's economy in 2004 and 2005; Status of the country's trade deficit; Speculations on the country's privatization programs and...

  • CARÄ° AÇIÄžIN BELÄ°RLEYÄ°CÄ°LERÄ°: 28 OECD ÃœLKESÄ° İÇİN PANEL VAR ANALÄ°ZÄ°. KESİKOĞLU, Ferdi; YILDIRIM, Ertuğrul; ÇEŢTEPE, Hamza // International Journal of Economic & Social Research;Autumn2013, Vol. 9 Issue 2, p15 

    Current account imbalances are one of the main problems in the most of developed and developing countries. It must be focused on, first, reasons of current account deficit to form a true policy aimed at reducing imbalances. In this study, the determinants of current account deficit is tried to...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics