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The multiple currency phenomenon (MCP) in Lao PDR takes the form of the use of foreign currencies such as dollars and baht in the presence of a domestically issued currency. The MCP has both costs and benefits. The costs include the social loss associated with seigniorage, the inability to...
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Despite the popularity and widespread implementation of school feeding programs, evidence on the impact of school feeding on school participation and nutritional status is mixed. This study evaluates school feeding programs in three northern districts of the Lao People's Democratic Republic (Lao...
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The empirical results add to the literature on monetary policy in Laos with five important findings, which are: i … provides strong evidence that the demand function in Laos is stable which implies that the BoL is likely to be successful in … monetary policy in the management of Laos’ economic environment. …
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