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The Rise and Fall of Foreign Direct Investment in Laos, 1988-2000

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  • Nick Freeman

Abstract

Foreign direct investment (FDI) has played an important role in the development of Laos since the country embarked on an economic transition and business liberalisation programme in the late 1980s. However, in recent years Laos has witnessed a marked contraction in its cumulative FDI inflows. This article provides a profile of FDI activity in Laos over the past decade and identifies the various factors behind the rise, and subsequent decline, in foreign investment inflows during the 1990s. The article concludes by suggesting some of the ways in which Lao policy makers might seek to revive the country's flagging FDI sector.

Suggested Citation

  • Nick Freeman, 2001. "The Rise and Fall of Foreign Direct Investment in Laos, 1988-2000," Post-Communist Economies, Taylor & Francis Journals, vol. 13(1), pages 101-119.
  • Handle: RePEc:taf:pocoec:v:13:y:2001:i:1:p:101-119
    DOI: 10.1080/14631370020031540
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    1. Yves Bourdet, 2000. "The Economics of Transition in Laos," Books, Edward Elgar Publishing, number 1418.
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