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There are few countries where ‘initial conditions' are as unfavorable as those of Laos. It is a very poor, least developed country. It is landlocked, sharing its international borders with five neighbors. It has the world's highest per capita stock of unexploded ordinance, a legacy of the Indo...
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By any indicator, Indonesia, the fourth most populous nation on earth, is a development success story. Yet 20 years after a deep economic and political crisis, it is still in some respects an economy in transition. The country recovered from the 1997-98 crisis and navigated the path from...
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