IDEAS home Printed from https://ideas.repec.org/h/era/chaptr/2013-rpr-15-04.html
   My bibliography  Save this book chapter

Lao PDR Country Report

In: Financing ASEAN Connectivity

Author

Listed:
  • Phouphet KYOPHILAVONG
  • Thongphet LAMPHAYPHAN

Abstract

This report gives deeper insights on how the infrastructure development is being funded in different ASEAN Member States (AMSs) for ASEAN Connectivity. In this regards, the Public-Private Partnership (PPP) Program is also seen as one way to help build the infrastructure in ASEAN. The AMSs are having different levels of infrastructure policy, financing method and financial capacity. The PPP Program has been significantly developed and utilized in Malaysia, Indonesia, Thailand and the Philippines, and recently in Singapore. Whilst Cambodia and Viet Nam have not yet formalized the PPP, private sector participation has become increasingly important in infrastructure development. Laos and Myanmar have potentials, although are facing multiple challenges from lacking of fiscal sources to fiscal sustainability. PPP still takes less significant role in Brunei that has abundant public financial resources to build infrastructure. The differences amongst ASEAN countries mentioned above are seen in many ways. The issues discussed in this report consists of the country fiscal situation, regulatory framework, potential financial sources, the PPP in the ASEAN and PPP in an ASEAN Way. This report is hoped to give broader and better picture of the financing situation in ASEAN's infrastructure development and to help both academies and policymakers in making recommendations and policies regarding infrastructure development in ASEAN for ASEAN Connectivity.

Suggested Citation

  • Phouphet KYOPHILAVONG & Thongphet LAMPHAYPHAN, . "Lao PDR Country Report," Chapters, in: Fauziah ZEN & Michael REGAN (ed.), Financing ASEAN Connectivity, chapter 4, pages 131-165, Economic Research Institute for ASEAN and East Asia (ERIA).
    • Handle: RePEc:era:chaptr:2013-rpr-15-04
    as

    Download full text from publisher

    File URL: http://www.eria.org/RPR_FY2013_No.15_Chapter_4.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. World Bank, 2012. "Tightening Demand to Maintain Macroeconomic Balances : Lao PDR Economic Monitor, November 2012," World Bank Publications - Reports 13812, The World Bank Group.
    2. World Bank, 2008. "Lao PDR Economic Monitor : November 2008," World Bank Publications - Reports 13811, The World Bank Group.
    3. Lord, Montague, 2009. "East-West Economic Corridor (EWEC)Strategy and Action Plan," MPRA Paper 41147, University Library of Munich, Germany.
    4. Bhattacharyay, Biswa N., 2010. "Estimating Demand for Infrastructure in Energy, Transport, Telecommunications, Water and Sanitation in Asia and the Pacific: 2010-2020," ADBI Working Papers 248, Asian Development Bank Institute.
    5. World Bank, 2008. "Lao PDR Economic Monitor, April 2008," World Bank Publications - Reports 13815, The World Bank Group.
    6. World Bank, 2011. "Lao PDR - Investment Climate Assessment : Policies to Promote Growth in the Non-Resource Sectors," World Bank Publications - Reports 2795, The World Bank Group.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andersson, Magnus & Banomyong, Ruth, 2010. "The implications of deregulation & liberalization on the logistics service industry in Lao PDR," International Journal of Production Economics, Elsevier, vol. 128(1), pages 68-76, November.
    2. Warr, Peter & Menon, Jayant & Yusuf, Arief Anshory, 2012. "Poverty impacts of natural resource revenues," Journal of Asian Economics, Elsevier, vol. 23(4), pages 442-453.
    3. Raihan, Selim & Khondker, Bazlul Haque, 2010. "Doha Round Impacts on India: A Study in a Sequential Dynamic CGE Framework," Conference papers 331969, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. Antonio Estache & Tomas Serebrisky & Liam Wren-Lewis, 2015. "Financing infrastructure in developing countries," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 31(3-4), pages 279-304.
    5. Ruiz Nunez,Fernanda & Wei,Zichao, 2015. "Infrastructure investment demands in emerging markets and developing economies," Policy Research Working Paper Series 7414, The World Bank.
    6. Yang, Gaoju & Huang, Xianhai & Huang, Jiahui & Chen, Hangyu, 2020. "Assessment of the effects of infrastructure investment under the belt and road initiative," China Economic Review, Elsevier, vol. 60(C).
    7. Bhattacharyay, Biswa Nath & Mukhopadhyay, Kakali, 2015. "A comprehensive economic partnership between India and Japan: Impact, prospects and challenges," Journal of Asian Economics, Elsevier, vol. 39(C), pages 94-107.
    8. World Bank & Asian Development Bank, 2015. "The Investment Climate Assessment 2014 : Creating Opportunities for Firms in Cambodia," World Bank Publications - Reports 21529, The World Bank Group.
    9. Larionova, Marina (Ларионова, Марина) & Shelepov, Andrey (Шелепов, Андрей) & Sakharov, Andrey (Сахаров, Андрей) & Kolmar, Olga (Колмар, Ольга) & Safonkina, Elizaveta (Сафонкина, Елизавета) & Popova, I, 2018. "Comparative Analysis of the Formation of the New Development Bank (Nbb) and the Asian Bank for Infrastructure Investments (Abia) [Сравнительный Анализ Становления Нового Банка Развития (Нбр) И Азиа," Working Papers 041814, Russian Presidential Academy of National Economy and Public Administration.
    10. Stirbat, Liviu & Record, Richard & Nghardsaysone, Konesawang, 2015. "The Experience of Survival: Determinants of Export Survival in Lao PDR," World Development, Elsevier, vol. 76(C), pages 82-94.
    11. Biswa Nath Bhattacharyay & Madhurima Bhattacharyay, 2017. "Institutional Architecture for Financing Pan-Asian Infrastructure Connectivity," CESifo Working Paper Series 6422, CESifo.
    12. Ahmed, Khalid & Bhattacharya, Mita & Qazi, Ahmer Qasim & Ghumro, Niaz Ahmed, 2021. "Transport infrastructure and industrial output in Pakistan: An empirical investigation," Research in Transportation Economics, Elsevier, vol. 90(C).
    13. Phouthanouphet Saysombath, 2014. "An Examination of the Causal Relationship between Budget Deficit and Inflation: a Case Study of Lao PDR," Journal of Social and Development Sciences, AMH International, vol. 5(2), pages 43-49.
    14. Biswa N. Bhattacharyay, 2012. "Benefits and Challenges of Integrating South and Southeast Asia," CESifo Working Paper Series 3819, CESifo.
    15. Stirbat, Liviu & Record, Richard & Nghardsaysone, Konesawang, 2013. "Determinants of export survival in the Lao PDR," Policy Research Working Paper Series 6301, The World Bank.
    16. Biswa Nath Bhattacharyay, 2012. "Modes of Asian financial integration: financing infrastructure," Chapters, in: Biswa Nath Bhattacharyay & Masahiro Kawai & Rajat M. Nag (ed.), Infrastructure for Asian Connectivity, chapter 10, pages 349-401, Edward Elgar Publishing.
    17. World Bank Group, 2014. "Lao PDR Investment Climate Assessment 2014 : Policy Uncertainty in the Midst of a Natural Resources Boom," World Bank Publications - Reports 21506, The World Bank Group.
    18. Ying Fan & Biswa Nath Bhattacharyay, 2015. "Achieving Sustainable Energy Security: 2030 Outlook for ASEAN, People Republic of China and India," CESifo Working Paper Series 5457, CESifo.
    19. World Bank, 2014. "Lao PDR : Trade and Transport Facilitation Assessment," World Bank Publications - Reports 18739, The World Bank Group.
    20. Biswa Nath Bhattacharyay, 2011. "Infrastructure Connectivity for East Asia’s Economic Integration," Chapters, in: Masahisa Fujita & Ikuo Kuroiwa & Satoru Kumagai (ed.), The Economics of East Asian Integration, chapter 14, Edward Elgar Publishing.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:era:chaptr:2013-rpr-15-04. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ranti Amelia (email available below). General contact details of provider: https://edirc.repec.org/data/eriadid.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.