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150128 ||| eng |
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|a 9781484319178
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245 |
0 |
0 |
|a Lao People's Democratic Republic
|b Staff Report for the 2013 Article IV Consultation
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2013
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300 |
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|a 67 pages
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651 |
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4 |
|a Lao People's Democratic Republic
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653 |
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|a Foreign exchange reserves
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653 |
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|a Public debt
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653 |
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|a External sector statistics
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653 |
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|a Public finance & taxation
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653 |
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|a Monetary economics
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653 |
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|a Debt Management
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653 |
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|a Economic statistics
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653 |
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|a Debts, Public
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653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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653 |
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|a Computer Programs: Other
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653 |
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|a Debt
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653 |
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|a Data Collection and Data Estimation Methodology
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653 |
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|a Exports and Imports
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653 |
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|a International economics
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653 |
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|a International Lending and Debt Problems
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653 |
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|a Debts, External
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653 |
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|a External debt
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653 |
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|a Central banks
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653 |
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|a Sovereign Debt
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653 |
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|a Government finance statistics
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653 |
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|a International reserves
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653 |
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|a Banks and Banking
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653 |
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|a Banking
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653 |
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|a Economic and financial statistics
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653 |
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|a Econometrics & economic statistics
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653 |
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|a Statistics
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653 |
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|a Monetary Policy
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653 |
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|a Public Finance
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653 |
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|a Money and Monetary Policy
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653 |
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|a Finance; Statistics
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710 |
2 |
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|a International Monetary Fund
|b Asia and Pacific Dept
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0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Staff Country Reports
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028 |
5 |
0 |
|a 10.5089/9781484319178.002
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856 |
4 |
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|u https://elibrary.imf.org/view/journals/002/2013/369/002.2013.issue-369-en.xml?cid=41156-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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520 |
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|a This 2013 Article IV Consultation highlights that over the past year, the economy of the Lao People’s Democratic Republic has been overheating from expansionary macroeconomic policies. The fiscal deficit is estimated to have widened to 6½ percent of GDP, mainly fro'm a doubling of public sector employee compensation and higher capital spending. Government liquidity is tight, and wage and other arrears of 2–3 percent of GDP have emerged. Monetary policy has been accommodative, and credit growth remains vigorous. Although medium-term growth prospects remain favorable, based on robust natural resource exports and post-WTO expansion in the nonresource sectors, heightened vulnerabilities have subjected the outlook to considerable uncertainty
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