Trade and investment reforms in the Lao People’s Democratic Republic (Lao PDR) since the mid-1980s have boosted natural resource-based exports, underpinning recent economic growth. A high proportion of the proceeds from these exports accrue directly to the government. Over the 8 years...

Private investment in Malaysia has never fully recovered from the impact of the Asian financial crisis (AFC). Both domestic and foreign investment have remained lackluster post-AFC; while foreigners continue to shun Malaysia, it seems even domestic investors are fleeing as well, with Malaysia...

This paper examines Cambodia’s socioeconomic development since the early 1990s peace settlement. The country’s economic growth has arguably been the fastest among post-conflict societies, driven by the credible restoration of peace and security, large public and private capital inflows,...

Studies of the incidence of benefits from public services have rightly stressed the difference between average and marginal benefits. Cross sectional methods of analysis for Lao PDR indicate that for public education and health services, total benefits are highest for the best-off quintile...