Saykham Voladet2015-10-062015-10-062015-05http://hdl.handle.net/10625/54715The study identifies opportunities and challenges for Lao PDR to avoid the “lower middle income trap” which is understood as economic stagnation, recession, or slow economic growth when a country reaches middle income status. Recommendations in terms of the Industrialization and Modernization Strategy include: (1) strengthening human resource and labor force development; (2) increasing public investment in R&D; (3) improving public administration/management systems, including developing and strengthening implementation of measures, regulations and laws related to prevention and control of corruption (4) increasing efficiency and effectiveness in using natural resources and (5) increasing global and regional integration and cooperation.Text1 digital file (55 p. : ill.)application/pdfenHUMAN RESOURCES DEVELOPMENTECONOMIC POLICYINDUSTRIALIZATIONECONOMIC GROWTHRESOURCES MANAGEMENTQUALITY OF GROWTHINSTITUTION BUILDINGPUBLIC INVESTMENTCORRUPTIONSOCIO-ECONOMIC SURVEYSECONOMETRIC ANALYSISLAO PDRFAR EAST ASIAPolicy Brief