Laos' path towards the asean economic community

Kham Vorapheth

Description

Over the last thirthy years, Laos has made remarkable progress in implementing economic reforms and building the institutions necessary for a market economy, culminating in accession to ASEAN in 1997 and to the World Trade Organization (WTO) in 2013. The purpose of this book is first to outline the Laos' economic transformation from 1986 to present and then to examine the positioning of Laos in the ASEAN Economic Community (AEC).

Sujets

• Économie
• Développement

Informations

• Publié par: L'Harmattan
• Date de parution: 06 mars 2018
• Nombre de lectures: 0
• EAN13: 9782336828176
• Langue: Français
• Poids de l'ouvrage: 3 Mo

Extrait

Cover
4th of cover
Title
Kham Vorapheth







Laos’ Path Towards

the ASEAN Economic Community


Context, Sustainable Development and Challenges
Copyright
Works by the Same Author

Chine : le monde des Affaires , Éditions L’Harmattan, 1997.
Asie du Sud-Est: art du commerce et culture. Les enjeux pour gagner à l’international , Éditions L’Harmattan, 1998.
Commerce et Colonisation en Indochine (1860–1945): les maisons de commerce françaises, un siècle d’aventure humaine , Éditions Les Indes Savantes, 2004.
Patrons, réussissez votre Chine ! Éditions L’Harmattan, 2006.
La redéfinition de la stratégie politique et économique du Laos (1975-2006) , Éditions Les Indes Savantes, 2007.
Forces et fragilités de la Chine, les incertitudes du grand Dragon , Éditions L’Harmattan, 2009.
L’ASEAN de A à Z , Éditions L’Harmattan, 2011.
Le Laos contemporain: parcours et développement d’une nation , Éditions L’Harmattan, 2013.
Contemporary Laos, Development Path and Outlook of a Nation, English Translation Version, Published by White Lotus Press, Bangkok, 2015.





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EAN Epub: 978-2-336-82817-6
Contents
Cover
4th of cover
Title
Copyright
Contents
Abbreviations
Foreword
Abstract
Introduction
CHAPTER 1 – The General Context
1.1 Geography and People
1.2 A Brief Review of History and Politics
1.3 From Socialist Production Experience to Market Economy
1.4 Post-Liberation War Reconstruction and New State Building
1.5 Laos Enters a New Era
1.6 Where Does Laos Stand Today?
CHAPTER 2 – Economic Transformation in Laos Over the Past Thirty Years
2.1 From Post-Reforms to Regional Economic Integration
2.2. Achievements of Socioeconomic Performance
2.3 Key Sector Achievements
2.4 Special and Specific Economic Zones (SEZs) Attract Foreign and Local Enterprises
2.5 Private Enterprises and Emergence of Small and Medium-Sized Enterprises (SMEs) Contribute to Economy Growth
2.6 Progress Noticeable on Social Development
2.7 Weaknesses and Shortfalls of the Socioeconomic Development
2.8 Conclusion
CHAPTER 3 – Quick Overview of Laos’ Statistics Compared to the Overall Level of AEC
3.1 Laos’ Figures and Rank in ASEAN Community
3.2 Nominal GDP Annual Growth Comparison Between ASEAN Member States
3.3 GDP Per Capita, at Current Price: Laos Compared to Asean Member States
3.4 Total ASEAN Trade in Goods
3.5 Intra-and Extra-ASEAN Trade in Goods
3.6 ASEAN Member States Exports of Goods by Destination, 2015
3.7 ASEAN Member States Imports of Goods by Origin, 2015
3.8 Foreign Direct Investment (FDI) Development and Multinational Enterprises (MNE) Activities in ASEAN
3.9 Foreign Investments in ASEAN-6 Countries, 2007-2015
3.10 Foreign Investments in ASEAN Member Countries (CLMV), 2007-2015
3.11 Intra-ASEAN Net Inflows of FDI, 2010-2015
3.12 Ratio of Paved Road to Total Road Length in the AEC
3.13 Tourism: Other Developments in AEC
CHAPTER 4 – Laos and the Asean Economic Community (AEC)
4.1. Integration of Laos into the Regional Economic Community
4.2. What Does the AEC Mean for Laos and What Are the Impacts?
4.3. Where Does Laos’ Awareness State Stand and What Progress Has Been Done to Improve It?
4.4. The Single Market and Production Base Do Not Offer an Advantageous Impact for Laos in the Short Term
4.5. What Benefit Will the AEC Create for Laos?
4.6. Obstacles and Challenges for Laos
CHAPTER 5 – Lao Market Prospects in the AEC
5.1. Laos as a Market
5.2. Evaluation of Potential Sectors
5.3. SWOT Analysis of Lao Market
5.4. Laos: What Attractiveness for Businesses?
5.5. Growing Role of the Private Sector and their Fragility
5.6. Business Environment and Investment Climate
CHAPTER 6 – Impact of the AEC Towards Laos Business
6.1. Immediate Effects and Opportunities for Business
6.2. Key Business Success
6.3. Challenges for Companies in the Lao Market
6.4. Building Niche Markets
6.5. China Exposure and the “One Belt One Road” Initiative
CHAPTER 7 – Laos Sustainable Growth Development Strategy and Vision 2030
7.1. The Growth Strategy Path in the AEC Context
7.2. Towards the 8th NSEDP, the Sustainable Growth With the Socioeconomic Development Strategy Until 2025 and the Vision 2030
7.3. The Sustainable Development Goals (SGDs)
CHAPTER 8 – How to Achieve the Objectives and Targets of the Sustainable Development Strategy and Vision 2030?
8.1. Towards the Achievement of the Objectives and Targets
8.2. What Are the Key Development Strategies to Achieve the Vision 2030?
8.3. Laos to Become a Regional Integration and Connectivity Hub
8.4. What Are the External and Internal Forces That Could Affect Laos’ Sustainable Development Strategy and Growth?
CHAPTER 9 – The Twelve Future Key Challenges
9.1. The Main Challenges
CHAPTER 10 – Laos Into the Future
10.1. The Dynamic that Will Define Laos’ Future
10.2. Milestone: Looking To the Future
CHAPTER 11 – What lessons are there to Learn from the experiences of successful countries?
11.1. How Does the French Government Help Its SMEs?
11.2. How Has the Small Principality of Andorra Become So Attractive for Tourists?
11.3. Norway Is Richly Endowed With Natural Resources, So How Does the Country Manage Its Wealth?
11.4. How Can We Explain Switzerland’s Extraordinary Economic Success, in Spite of Its Small Size and Lack of Natural Resources?
11.5. How Does Finland’s Forest Industry Manage the Country’s Resource?
11.6. Why Germany’s Dual System of Vocational Education and Training (VET) Is Highly Acknowledged and Performant?
Conclusion and Recommendations
1. General Recommendations on a Selected Few Issues
2. Synthesis of Future Key Challenges
Recommended Reading
ASIE AUX ÉDITIONS L’HARMATTAN
Address
Abbreviations
ADB: Asian Development Bank (headquartered in Manila)
AEBF: Asia-Europe Business Forum
AEC: Asean Economic Community
AFTA: Asian Free Trade Association
APEC: Asia-Pacific Economic Cooperation
ARF: ASEAN Regional Forum
ASDSP: Association de Soutien au Développement des Sociétés Paysannes
AIIB: Asian Infrastructure Investment Bank (headquartered in Beijing)
ASEAN: Association of Southeast Asian Nations (headquartered in Jakarta)
ASEM: Asia-Europe Meeting
BCEL: Banque pour le Commerce Exterieur Lao
BOL: Bank of Lao PDR
BOOT: Build, Own, Operate, and Transfer
CLMV: Cambodia, Lao
PDR, Myanmar, and Viet Nam
ECCIL: European Chamber of Commerce and Industry in Laos
EDL: Électricité du Laos
FAO: Food and Agriculture Organization of the United Nations
ERIA: Economic Research Institute for ASEAN and East Asia
EU: European Union
FDI: Foreign Direct Investment
FTA: Free Trade Agreement
GDP: Gross Domestic Product
GMS: Great Mekong Sub-Region
IMF: International Monetary Fund
IPP: Independent Power Producer
IPR: Intellectual Property Rights
ITC: Information Technology and Communication
JETRO: Japan External Trade Organization
JICA: Japan International Cooperation Agency
LDC: Least Developed Country
LNCCI: Lao National Chamber of Commerce and Industry
LPDR: Lao People’s Democratic Republic
LPRP: Lao People Revolutionary Party
LSX: Lao Stock Exchange
MAF: Ministry of Agriculture and Forestry (of the Lao PDR)
MFA: Ministry of Foreign Affairs (of the Lao PDR)
MDG: Millennium Development Goals
MOF: Ministry of Finance (of the Lao PDR)
MOIC: Ministry of Industry and Commerce (of the Lao PDR)
MPI: Ministry of Planning and Investment (of Lao PDR)
MRC: Mekong River Commission
NEM: New Economic Mechanism
NGO: Non-Government Organization
NUOL: National University of Laos
OBOR: One Belt, One Road
ODA: Official development assistance
OECD: Organization for Economic Co-operation and Development
PPP: Public Private Partnership
RCEP: Regional Comprehensive Partnership Agreement
SEZ: Special Economic Zone
SDG: Sustainable Development Goals
SME: Small and medium-sized enterprises
SOE: State-owned enterprise
UN: United Nations
US: United States
UXO: Unexploded ordnance
WHO: World Health Organization
WTO: World Trade Organization (headquartered in Geneva)
Foreword
For a small and landlocked Laos, the launching of the ASEAN Economic Community (AEC) in 2015 not only marked a milestone in regional economic integration in Southeast Asia but offers great economic potential and more opportunities for the country to have access to an economy of scale. The AEC is a highly integrated market consisting of 625 million consumers with a combined purchasing power of USD