Leveraging Benefits of Regional Economic Integration : The Lao People's Democratic Republic and the Greater Mekong Subregion

This report shows how the Lao People's Democratic Republic (Lao PDR) can leverage its regional position to boost trade, increase agriculture, and harness the power of its cities to promote inclusive and equitable growth. Analyzing the Lao PDR's production and trading structure, it details the Greater Mekong Subregion's plan to improve competitiveness, community, and connectivity in order to converge income and living standards between members. Outlining the need for structural transformation, it discusses the potential for the Lao PDR to upgrade its value chain positioning, diversify its industries, and capitalize on regional cooperation to achieve its development targets.

Author: Asian Development Bank

Publisher: Asian Development Bank

Publication Date: Jul 31, 2023

Number of Pages: NA pages

Language: English

Binding: Paperback

ISBN-10: 9292699245

ISBN-13: 9789292699246