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Laos: Economy is self-sufficient

Categories: East Asia, Laos, Economics & Business, Environment

New Mandala uploads a report from the Vientiane Times [1] which quoted an economist who believes that the “agriculture-based, self-sufficient nature of the country’s economy will protect Laos” from the global financial crisis. The economist added: “People who live in industrialised countries live in fear of losing their jobs because they can’t grow vegetables and raise animals as people can in Laos.”