Drivers of Poverty Reduction in Lao PDR

Poverty in Lao PDR declined from 33.5 percent to 23.2 percent over the 10 year period between 2002/3 and 2012/13. The number of poor people declined by about half a million to 1.35 million in 2013 and Lao PDR has met its MDG target of reducing poverty to below 24 percent by 2015. Improvements in...

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Bibliographic Details
Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: World Bank, Vientiane 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2015/12/25516130/lao-pdr-poverty-policy-notes-drivers-poverty-reduction-lao-pdr
http://hdl.handle.net/10986/23339
Description
Summary:Poverty in Lao PDR declined from 33.5 percent to 23.2 percent over the 10 year period between 2002/3 and 2012/13. The number of poor people declined by about half a million to 1.35 million in 2013 and Lao PDR has met its MDG target of reducing poverty to below 24 percent by 2015. Improvements in welfare are evident in the changes in other socio-economic indicators such as the ownership of televisions and access to electricity, which doubled, and the number of households living in houses built with bricks or concrete, which nearly tripled, while the proportion of those without a toilet halved. Net secondary enrollment increased from 27 percent in 2002/3 to 50 percent in 2012/13 showing significant improvements in education.