Lao PDR is currently facing the phenomenon of jobless growth. This trend started in the early 2010s when non-farm job creation stagnated despite rapid growth in gross domestic product (GDP). The labor market suffered from weak activity in the private sector, with all sectors apart from hospitality losing jobs. Jobless growth has prevented the Lao PDR economy from reaping its demographic dividend. Reversing the decline in job creation is essential...
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INFORMATION
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2021/05/01
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Rapport
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AUS0002243
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1
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1
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2021/06/14
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Disclosed
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Lao PDR : Building an Economy That Works Again
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