Economics/Finances Living with Transition in Laos Market Intergration in Southeast Asia (0415355648)

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Jonathan Rigg, "Living with Transition in Laos Market Intergration in Southeast Asia"

Laos - the Lao People's Democratic Republic - in one of the least understood and studied countries of Asia. Its development trajectory is also one of the most interesting, as it moves from state, or perhaps more appropriately, subsistence, to market, at the same time as finding itself in a key geographical position in the fast-changing southeast Asian region, where, with boundaries more permeable, and new patterns of spatial integration forming, a new Greater Mekong sub-region is emerging. Based on extensive original research, this book, unlike others on Laos which concentrate on the macroeconomic picture, assesses how economic transition and marketization are being translated into progress (or not) at the local level, and at the resulting impact on poverty, inequality and livelihoods. It concludes that the process of transition in fact contributes to the growth of poverty for some people, and shows how people manage to cope in very unfavorable circumstances.

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