IMF Staff Country Reports

Lao People’s Democratic Republic: Selected Issues and Statistical Appendix

March 18, 2002

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Lao People’s Democratic Republic: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2002) accessed November 21, 2024

Summary

This Selected Issues paper examines the main causes for the surge in dollarization in the Lao People’s Democratic Republic (Lao PDR). It explores various strategies that may be adopted to maintain low inflation and thus, indirectly, encourage the use of the national currency. The paper highlights that foreign currencies now account for the largest component of the domestic money supply. This situation, although encouraging in a country with poorly developed financial institutions, poses several challenges for the authorities.

Subject: Credit, Currencies, Dollarization, Imports, International trade, Monetary policy, Money, Tariffs, Taxes

Keywords: Asia and Pacific, BOL-run credit information bureau, CR, Credit, Currencies, Dollarization, East Asia, Foreign currency, Global, Import, Import-export equilibration plan, Imports, ISCR, Lao banking sector, Lao P.D.R. authorities, Nontariff barrier, SOCB credit, SOCBs balance sheets, South Asia, Tariffs

Publication Details

  • Pages:

    58

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2002/061

  • Stock No:

    1LAOEA0012002

  • ISBN:

    9781451822434

  • ISSN:

    1934-7685