Poor Business Environment

April 2006
Asia Monitor: South East Asia Monitor Volume 1;Apr2006, Vol. 17 Issue 4, p7
Country Report
Country Report
The article analyzes the economic environment in Laos, which is considered to be poor. Investors are reluctant to invest in the country because of the condition of infrastructure. The country's network communications is backward and its financial system is underdeveloped. Although people of Laos are relatively educated, most are not in their best health to work. Rule of law is considered to be poor. One thing Laos can boast of is that it has low levels of corruption in government for the region. It has also obtained a non-weighted average tariff rate of 11.3%, which is fairly high for South East Asia.


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