Lao People’s Democratic Republic Poverty Assessment 2020 : Catching Up and Falling Behind
Lao People’s Democratic Republic (PDR) has made substantial progress in poverty reduction, despite the fact that its resource-based development pattern has historically limited the impact of growth on poverty reduction. Although poverty declined, m...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/680401601019392967/Lao-People-s-Democratic-Republic-Poverty-Assessment-2020-Catching-Up-and-Falling-Behind http://hdl.handle.net/10986/34528 |
| Summary: | Lao People’s Democratic Republic (PDR)
has made substantial progress in poverty reduction, despite
the fact that its resource-based development pattern has
historically limited the impact of growth on poverty
reduction. Although poverty declined, mirroring economic
growth, the impact of growth on poverty reduction was low.
As a result, the country lacks productive industries to
absorb labor and create high-quality jobs. The Lao
Statistics Bureau (LSB) has conducted the LECS at five-year
intervals since 1992-1993.The LECS survey is the primary
source of official poverty statistics in Lao PDR, providing
critical information for monitoring progress on poverty
reduction, identifying poor and vulnerable groups, and
ultimately informing government policies aimed at poverty
eradication. This poverty assessment will provide insights
into the success (or lack thereof) of poverty reduction in
Lao PDR during the past six years. The report will also help
identify poor and vulnerable populations as well as emerging
issues that have slowed progress toward inclusive
development. The report is divided into two parts. Section 1
provides updates on poverty and inequality in Lao PDR.
Section 2 approaches key drivers of poverty and escape
routes from poverty by topic. |
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