The World Bank's Bad Business in Laos
October 4, 2014
Land Concessions: Chaotic and Unregulated
Laos, officially the Lao People’s Democratic Republic is a mountainous, land-locked state, identified as one of the world’s Least Developed Countries (LDC). Since the year 2000, Laos has undergone an unprecedented transformation in rural land use, as government reforms facilitate growth through market-based economic strategies. The goal of the Laotian government is to graduate from LDC country status by 2020.