Fiscal Decentralization in the People’s Democratic Republic of Lao
The People’s Democratic Republic of Lao (Lao PDR), landlocked between Myanmar, Thailand, Cambodia, China, and Viet Nam in the core of Southeast Asia, accounts for a population of some 5.8 million over a total surface of 236,800 square kilometers. Latest estimates would place poverty rates at around 39 percent of households (ADB 2002). With an estimated per capita income of $320, Lao PDR stands among the poorest countries in Asia. Inequality, measured by an estimated Gini coefficient of some 0.36 (UNDP 2004) is high for such a low level of income. Lao’s set of basic human development indicators rank the country 133 out 177 states in the Human Development Index (UNDP 2005).
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- Roy Bahl & Jorge Martinez-Vazquez, 2013.
"Sequencing Fiscal Decentralization,"
Annals of Economics and Finance,
Society for AEF, vol. 14(2), pages 641-687, November.
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