The Mekong Region 27% Viet Nam JPY 34.4 Billion Laos Loans: % Preparing for the 64 Next Stage of Growth Technical 2019 Is Mekong-Japan Exchange Year

Total Page:16

File Type:pdf, Size:1020Kb

The Mekong Region 27% Viet Nam JPY 34.4 Billion Laos Loans: % Preparing for the 64 Next Stage of Growth Technical 2019 Is Mekong-Japan Exchange Year P. 4 - 7 Technical Grants: 2% Cooperation: 6% Human Resource Development for Industry Technical Cooperation: 22% Laos Grants: Viet Nam Official Name: Lao People’s 41% JPY Official Name: Socialist Republic Democratic Republic of Viet Nam JPY 10.4 billion Capital: Hanoi Capital: Vientiane billion Myanmar Currency: Lao Kip Currency: Vietnamese Dong 114.7 Population: 6.49 million Population: 93.7 million Official Name: Republic of the (General Statistics Union of Myanmar (Lao Statistics Bureau, Loans: % 2015) 37 Office of Viet Nam, 2017) Capital: Naypyidaw Official Language: Vietnamese Currency: Burmese Kyat Official Language: Lao Loans: 92% Population: 51.41 million (Ministry of Labour, Immigration and Population, Sept. 2014) Official Language: Burmese Grants: 9% Technical Feature Cooperation: Myanmar The Mekong Region 27% Viet Nam JPY 34.4 billion Laos Loans: % Preparing for the 64 Next Stage of Growth Technical 2019 is Mekong-Japan Exchange Year. For many years, Japan has been working together with countries of the Cooperation: 9% Mekong region to enhance development by means of training personnel and improving the region’s industrial and Thailand socioeconomic foundation. Japan has helped set the basis for significant growth in the region through its efforts to develop economic corridors linking people in the Mekong countries. Matching the need for increased connectivity within the region, we trace Japan’s efforts to help overcome the problems faced by each of the countries—from JPY developing business personnel and improving logistics, to coordinating with Thailand, the forerunner in the region, 30.1billion Thailand to contribute to development of the other Mekong countries. Official Name: Kingdom of Cambodia Pie Graphs: Amount of JICA assistance in the Mekong Region (FY2017) Thailand Capital: Bangkok Technical Cooperation Loans Grants *The figure in the center of the pie graph indicates the total amount. Loans: 91% Currency: Thai Baht Population: 65.72 million (Thai census, 2015) Official Language: Thai P. 12 -13 Co-work for Development of other Nations Technical Grants: 19 % Cooperation: 28% Cambodia JPY Official Name: Kingdom of Cambodia 13 billion Capital: Phnom Penh Currency: Cambodian Riel Population: 16.1 million P. 10-11 (International Monetary Loans: % Fund estimate, 2017) 53 Official Language: Khmer Improving Logistics 02 JICA’s WORLD January 2020 January 2020 JICA’s WORLD 03.
Recommended publications
  • Revolution, Reform and Regionalism in Southeast Asia
    Revolution, Reform and Regionalism in Southeast Asia Geographically, Cambodia, Laos and Vietnam are situated in the fastest growing region in the world, positioned alongside the dynamic economies of neighboring China and Thailand. Revolution, Reform and Regionalism in Southeast Asia compares the postwar political economies of these three countries in the context of their individual and collective impact on recent efforts at regional integration. Based on research carried out over three decades, Ronald Bruce St John highlights the different paths to reform taken by these countries and the effect this has had on regional plans for economic development. Through its comparative analysis of the reforms implemented by Cam- bodia, Laos and Vietnam over the last 30 years, the book draws attention to parallel themes of continuity and change. St John discusses how these countries have demonstrated related characteristics whilst at the same time making different modifications in order to exploit the strengths of their individual cultures. The book contributes to the contemporary debate over the role of democratic reform in promoting economic devel- opment and provides academics with a unique insight into the political economies of three countries at the heart of Southeast Asia. Ronald Bruce St John earned a Ph.D. in International Relations at the University of Denver before serving as a military intelligence officer in Vietnam. He is now an independent scholar and has published more than 300 books, articles and reviews with a focus on Southeast Asia,
    [Show full text]
  • Center for Southeast Asian Studies, Kyoto University Southeast Asian Studies, Vol
    https://englishkyoto-seas.org/ Shimojo Hisashi Local Politics in the Migration between Vietnam and Cambodia: Mobility in a Multiethnic Society in the Mekong Delta since 1975 Southeast Asian Studies, Vol. 10, No. 1, April 2021, pp. 89-118. How to Cite: Shimojo, Hisashi. Local Politics in the Migration between Vietnam and Cambodia: Mobility in a Multiethnic Society in the Mekong Delta since 1975. Southeast Asian Studies, Vol. 10, No. 1, April 2021, pp. 89-118. Link to this article: https://englishkyoto-seas.org/2021/04/vol-10-no-1-shimojo-hisashi/ View the table of contents for this issue: https://englishkyoto-seas.org/2021/04/vol-10-no-1-of-southeast-asian-studies/ Subscriptions: https://englishkyoto-seas.org/mailing-list/ For permissions, please send an e-mail to: english-editorial[at]cseas.kyoto-u.ac.jp Center for Southeast Asian Studies, Kyoto University Southeast Asian Studies, Vol. 49, No. 2, September 2011 Local Politics in the Migration between Vietnam and Cambodia: Mobility in a Multiethnic Society in the Mekong Delta since 1975 Shimojo Hisashi* This paper examines the history of cross-border migration by (primarily) Khmer residents of Vietnam’s Mekong Delta since 1975. Using a multiethnic village as an example case, it follows the changes in migratory patterns and control of cross- border migration by the Vietnamese state, from the collectivization era to the early Đổi Mới reforms and into the post-Cold War era. In so doing, it demonstrates that while negotiations between border crossers and the state around the social accep- tance (“licit-ness”) and illegality of cross-border migration were invisible during the 1980s and 1990s, they have come to the fore since the 2000s.
    [Show full text]
  • Country Economic Review ______
    CER: LAO 2001-11 COUNTRY ECONOMIC REVIEW ___________________ Lao People's Democratic Republic August 2001 CURRENCY EQUIVALENTS (as of 31 July 2001) Currency Unit = Kip (KN) KN 1.00 = $0.000110 $1.00 = KN9,120 ABBREVIATIONS ADB – Asian Development Bank ASEAN – Association of Southeast Asian Nations BOL – Bank of Lao PDR CPI – consumer price index FDI – foreign direct investment GDP gross domestic product ha – hectare IMF – International Monetary Fund Lao PDR – Lao People’s Democratic Republic LECS – Lao expenditure and consumption surveys NPL – Non-performing loan SOE – state-owned enterprise NOTES (i) The fiscal year (FY) of the Government ends on 30 September 2001. FY before a calendar year denotes the year in which the fiscal year ends. For example, FY2001 begins on 1 October 2000 and ends on 30 September 2001. (ii) In this report, “$” refers to US dollars. CONTENTS Page EXECUTIVE SUMMARY ii I. RECENT ECONOMIC DEVELOPMENTS 1 A. Growth, Employment, Saving, and Investment 1 1. Aggregate Growth 1 2. Sectoral Growth 3 3. Employment and Wages 5 4. Savings and Investment 6 B. Fiscal Developments 7 1. Revenue Developments 7 2. Expenditure Developments 9 C. Monetary Development and Prices 10 1. Monetary Developments 10 2. Interest Rates 12 3. Prices 12 D. External Trade and Balance of Payments 15 1. Exports 15 2. Imports 17 3. Nontrade Current Account 17 4. The Capital Account 18 II. SHORT- AND MEDIUM-TERM ECONOMIC PROSPECTS AND POLICY ISSUES 20 A. Policy Issues 20 1. Financial Sector Reform 21 2. Public Expenditure, Governance, and Decentralization 21 3. State-Owned Enterprises 22 B.
    [Show full text]
  • View Currency List
    Currency List business.westernunion.com.au CURRENCY TT OUTGOING DRAFT OUTGOING FOREIGN CHEQUE INCOMING TT INCOMING CURRENCY TT OUTGOING DRAFT OUTGOING FOREIGN CHEQUE INCOMING TT INCOMING CURRENCY TT OUTGOING DRAFT OUTGOING FOREIGN CHEQUE INCOMING TT INCOMING Africa Asia continued Middle East Algerian Dinar – DZD Laos Kip – LAK Bahrain Dinar – BHD Angola Kwanza – AOA Macau Pataca – MOP Israeli Shekel – ILS Botswana Pula – BWP Malaysian Ringgit – MYR Jordanian Dinar – JOD Burundi Franc – BIF Maldives Rufiyaa – MVR Kuwaiti Dinar – KWD Cape Verde Escudo – CVE Nepal Rupee – NPR Lebanese Pound – LBP Central African States – XOF Pakistan Rupee – PKR Omani Rial – OMR Central African States – XAF Philippine Peso – PHP Qatari Rial – QAR Comoros Franc – KMF Singapore Dollar – SGD Saudi Arabian Riyal – SAR Djibouti Franc – DJF Sri Lanka Rupee – LKR Turkish Lira – TRY Egyptian Pound – EGP Taiwanese Dollar – TWD UAE Dirham – AED Eritrea Nakfa – ERN Thai Baht – THB Yemeni Rial – YER Ethiopia Birr – ETB Uzbekistan Sum – UZS North America Gambian Dalasi – GMD Vietnamese Dong – VND Canadian Dollar – CAD Ghanian Cedi – GHS Oceania Mexican Peso – MXN Guinea Republic Franc – GNF Australian Dollar – AUD United States Dollar – USD Kenyan Shilling – KES Fiji Dollar – FJD South and Central America, The Caribbean Lesotho Malati – LSL New Zealand Dollar – NZD Argentine Peso – ARS Madagascar Ariary – MGA Papua New Guinea Kina – PGK Bahamian Dollar – BSD Malawi Kwacha – MWK Samoan Tala – WST Barbados Dollar – BBD Mauritanian Ouguiya – MRO Solomon Islands Dollar –
    [Show full text]
  • Treasury Reporting Rates of Exchange. As of March 31, 1979
    ^ J ;; u LIBRARY :' -'"- • 5-J 5 4 TREASURY REPORTING RATES OF EXCHANGE. AS OF MARCH 31, 1979 (/.S. DEPARIMENX-OF^JHE. TREASURY Fiscal Service Bureau of Government Financial Operations FOREWORD This report is prepared to promulgate exchange rate information pursuant to Section 613 of P.L. 87-195 dated September 4, 1961 (22 USC 2363(b)) which grants the Secretary of the Treasury "sole authority to establish for all foreign currencies or credits the exchange rates at which such currencies are to be reported by all agencies of the Government." The primary purpose of- this report is to insure that foreign currency reports prepared by agencies shall be consistent with regularly published Treasury foreign currency reports as to amounts stated in foreign currency units and U.S. dollar equivalents. This includes all foreign currencies in which the U.S. Government has an interest, including receipts and disbursements, accrued revenues and expenditures, authorizations, obligations, receivables and payables, refunds, and similar reverse transaction items. Exceptions to using the reporting rates as shown in this report are collections and refunds to be valued at specified rates set by international agreements, conversions of one foreign currency into another, foreign currencies sold for dollars and other types of transactions affecting dollar appropriations. See Chapter I Treasury Fiscal Requirements Manual 2-3200 for further details. This quarterly report reflects exchange rates at which foreign currencies can be acquired by the U.S. Government for official expenditures as reported by Disbursing Officers for each post on the last business day of the month prior to the date of the published report.
    [Show full text]
  • The Role of the Financial Sector in Enhancing Economic Growth in the Lao People’S Democratic Republic
    Asia-Pacific Development Journal Vol. 22, No. 1, June 2015 THE ROLE OF THE FINANCIAL SECTOR IN ENHANCING ECONOMIC GROWTH IN THE LAO PEOPLE’S DEMOCRATIC REPUBLIC Kristina Spantig* The financial sector of the Lao People’s Democratic Republic has been developing rapidly in recent years in terms of financial depth, intermediation and distribution. A developed financial sector is the basis for dynamic economic growth. Yet, unsustainable financial liberalization and growth poses risks to financial sector stability. The present report scrutinizes the role of the financial sector in enhancing economic growth in the Lao People’s Democratic Republic and aims to answer the question of adequate financial sector supervision with respect to the economy’s development. It is argued that only a prudentially supervised financial sector can enhance the economic growth performance of the country in the medium and long term. JEL classification: G01, G32, O11, O16, O49. Keywords: Finance-growth nexus, financial sector development, supervision. I. INTRODUCTION If and how the financial sector can promote economic growth, the so-called finance-growth nexus, is widely discussed in literature. In particular, the issue of causality – whether finance drives growth or vice versa – is controversial topic of discussion.1 However, there is a broad consensus that a sustainably developed and supervised financial sector enhances economic growth. * PhD, University of Leipzig, Institute for Economic Policy, Grimnasche Spafbe 12, 04109 Leipeig, Germany (Tel: +49 341 9733565; e-mail: [email protected]). Barend Frielink, Phantouleth Louangraj and Soulinthone Leuangkhamsing provided valuable recommendations throughout the study. I also thank Gunther Schnabl for valuable advice.
    [Show full text]
  • The Study of Monetary Policy Instruments and Implementation Challenge in Laos
    International Journal of Economics and Finance; Vol. 10, No. 2; 2018 ISSN 1916-971X E-ISSN 1916-9728 Published by Canadian Center of Science and Education The Study of Monetary Policy Instruments and Implementation Challenge in Laos Maliny Sourigna1, Shuzhen Zhu1 & Atsara Chanthavieng2 1 Glorious Sun School of Business and Management, Donghua University, Shanghai, China 2 College of Economic and Management, Guangxi Normal University, Guangxi Zhuang Autonomous Region, China Correspondence: Maliny Sourigna, Glorious Sun School of Business and Management, Donghua University, 1882 Yan’an West Road, Changning District, 200051, Shanghai, China. Tel: 86-150-0095-5150. E-mail: [email protected] Received: December 6, 2017 Accepted: January 29, 2018 Online Published: January 30, 2018 doi:10.5539/ijef.v10n2p169 URL: https://doi.org/10.5539/ijef.v10n2p169 Abstract The monetary policies have been developed and implemented by the Bank of Lao PDR (BOL). This article presents the monetary policy framework in Laos which includes the policy instruments and implementation mechanism. The author applied the actual implementation and the existing theories to display the Lao monetary tools such as interest rate, open market operation, reserve ratio, exchange rate, credit control, cash flow management and relevant regulations. As well as the policy implementation mechanism has been presented in policy decision, operation department and operation mechanism. The author applies the descriptive analysis on the monetary policy implementation challenge and addressing. They based on monetary policy theories, literature studied, and practical experience from the operation authority. The analysis has found the challenges as The limited of market operation; the dollarization and multiples currencies consumer preference; the challenge in Kip prices, and Kip lending; the foreign capital outflow.
    [Show full text]
  • CAMBODIA Griculture T T Extiles Ourism
    CAPITAL: PHNOM PENH Pehn CAMBODIA LANGUAGES POPULATION OF KHMER 16.9 MILLION 181,035 SQ KM IN LAND AREA 47% OF POPULATION FAVOURITE SPORTS: ARE UNDER SOCCER 24 YEARS OLD MARTIAL ARTS SEPAK TAKRAW 97.9% (SIMILAR TO VOLLEYBALL) CAMBODIAN RIEL BUDDHIST MAJOR INDUSTRIES: RELIGION AGRICULTURE 1.1% ISLAM TOURISM EXTILES T 1% OTHER CAMBODIA A students spends time in the recently completed physiotherapy room at LaValla Students at LaValla school help to prepare food for a meal. The Cambodian proverb “Fear not the future, weep not for the past” captures the general approach to life in the country. Given the tragedies experienced during the Khmer Rouge regime, many have demonstrated immense forgiveness to live harmoniously with those who were a part of the regime as well as those Khmer who may Geography have lost loved ones. Cambodians also tend to have a stoic and cheerful demeanour. They rarely complain or The Kingdom of Cambodia is a Southeast Asian nation show discomfort. People often smile or laugh in various that borders Thailand, Laos, and Vietnam. Cambodia scenarios, regardless of whether the situation is positive has a tropical climate and experiences a monsoon or negative. season (May to November) and a dry season (December to April). The terrain is mostly low, flat plains, with AMS Projects in Cambodia – LaValla mountains in the southwest and north. The Lavalla Project, a work of Marist Solidarity Cambodia, History provides formal and inclusive education for children and young people with disabilities. As well the students have For 2,000 years Cambodia’s civilization was influenced by access to a comprehensive health and rehabilitation India and China - it also contributed significantly to these programme.
    [Show full text]
  • Treasury Reporting Rates of Exchange As of March 31, 1978
    TREASURY REPORTING RATES OF EXCHANGE AS OF MARCH 31, 1978 DEPARTMENT OF THE TREASURY Fiscal Service Bureau of Government Financial Operations FOREWORD This report is prepared to promulgate exchange rate information pursuant to Section 613 of P.L. 87-195 dated September 4, 1961 (22 USC 2363(b)) which grants the Secretary of the Treasury "sole authority to establish for all foreign currencies or credits the exchange rates at which such currencies are to be reported by all agencies of the Government." The primary purpose of this report is to insure that foreign currency reports prepared by agencies shall be consistent with regularly published Treasury foreign currency reports as to amounts stated in foreign currency units and U.S. dollar equivalents. This includes all foreign currencies in which the U.S. Government has an interest, including receipts and disbursements, accrued revenues and expenditures, authorizations, obligations, receivables and payables, refunds, and similar reverse transaction items. Exceptions to using the reporting rates as shown in this report are collections and refunds to be valued at specified rates set by international agreements, conversions of one foreign currency into another, foreign currencies sold for dollars and other types of transactions affecting dollar appropriations. See Treasury Circular No, 930, Section 4a (3) of Procedures Memorandum No. 1 for further details. This quarterly report reflects exchange rates at which foreign currencies can be acquired by the U.S. Government for official expenditures as reported by Disbursing Officers for each post on the last business day of the month prior to the date of the published report.
    [Show full text]
  • Cambodia Economic Update
    Public Disclosure Authorized REAL GDP GROWTH TOURIST ARRIVALS (Y/Y % Public Disclosure Authorized 12 30 RIGHT SCALE) 10 20 GARMENT EXPORTS (Y/Y % CHANGE, RIGHT SCALE) 8 10 6 0 4 -10 Public Disclosure Authorized 2 0 -20 6 7 8 9 0 1 2 0 0 0 0 1 1 1 0 0 0 0 0 0 0 2 2 2 2 2 2 2 THE WORLD BANK Public Disclosure Authorized SEPTEMBER 2013 RESILIENCE AMIDST A CHALLENGING ENVIRONMENT CAMBODIA ECONOMIC UPDATE SEPTEMBER 2013 @ All rights reserved This Cambodia Economic Update is a product of the World Bank. The findings, interpretations, and conclusions expressed in the Update are those of World Bank staff, and do not necessarily reflect the views of its management, Executive Board, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. PREFACE AND ACKNOWLEDGEMENTS The Cambodia Economic Update is a product of the staff of the World Bank. It was prepared by Sodeth Ly, and reviewed and edited by Enrique Aldaz-Carroll, Poverty Reduction and Economic Management (PREM) Sector Department, Cambodia Country Office, the World Bank. The Poverty Team, led by Samsen Neak, contributed the poverty section for the Update. The team worked under the guidance of Mathew A. Verghis, Lead Economist and Sector Manager, PREM Sector Department, and Alassane Sow, Country Manager for Cambodia. The Update is produced bi-annually to provide up-to-date information on macroeconomic developments in Cambodia. The Update is published and distributed widely to the Cambodian authorities, the development partner community, the private sector, think tanks, civil society organizations, non-government organizations, and academia.
    [Show full text]
  • Lao People's Democratic Republic
    LAO PEOPLE’S DEMOCRATIC REPUBLIC Report on Implementation of the Brussels Programme of Action for the Least Developed Countries (2001-2010) 1 Report on Implementation of the Brussels Programme of Action for the Least Developed Countries (2001-2010) Introduction Lao PDR is a sparsely populated, submontane wet tropical country. About 49 ethnic groups and sub-groups inhabit it, speaking an estimated 66 languages and/or dialects as per the last census count in 2005. An estimated three-fourth of its population lives by subsistence agriculture and similar activities. The international ‘development lexicon’ classifies Lao PDR among the least-developed countries owing to its (low) income, quality of life, economic vulnerability, and such other factors. 1 In terms of natural resources the country is rich in land, forest, minerals, and water. Since the early part of this millennium, mining and hydroelectricity along with plantation agriculture have assumed a relatively greater importance in the economy. However, these are redefining the land- and resource-ownership and their use, affecting people’s livelihoods since the economy is predominantly agrarian, in which people’s livelihoods depend on the expanse of the nature. Rapid population growth is making matters worse. It is a delicate task to manage high economic growth along with equity in any highly resource-dependent economy, and Lao PDR is no exception. The country follows a 5-Year Plan system to steer and manage both public and private investments. The government has firm plans to reach a sustainable development trajectory and graduate out of its least developed country status by about 2020. For implementing the Brussels Programme of Action (BPA) for Least Developed Countries (LDCs), the government has established a National Committee on LDCs chaired by the Deputy Prime Minister (who is also Minister of Foreign Affairs), and appointed a National Focal Point on LDCs at the Ministry of Foreign Affairs.
    [Show full text]
  • THE IVORY TRADE of LAOS: NOW the FASTEST GROWING in the WORLD LUCY VIGNE and ESMOND MARTIN
    THE IVORY TRADE OF LAOS: NOW THE FASTEST GROWING IN THE WORLD LUCY VIGNE and ESMOND MARTIN THE IVORY TRADE OF LAOS: NOW THE FASTEST GROWING IN THE WORLD LUCY VIGNE and ESMOND MARTIN SAVE THE ELEPHANTS PO Box 54667 Nairobi 00200 ๸သࠥ ⦄ Kenya 2017 © Lucy Vigne and Esmond Martin, 2017 All rights reserved ISBN 978-9966-107-83-1 Front cover: In Laos, the capital Vientiane had the largest number of ivory items for sale. Title page: These pendants are typical of items preferred by Chinese buyers of ivory in Laos. Back cover: Vendors selling ivory in Laos usually did not appreciate the displays in their shops being photographed. Photographs: Lucy Vigne: Front cover, title page, pages 6, 8–23, 26–54, 56–68, 71–77, 80, back cover Esmond Martin: Page 24 Anonymous: Page 25 Published by: Save the Elephants, PO Box 54667, Nairobi 00200, Kenya Contents 07 Executive summary 09 Introduction to the ivory trade in Laos 09 History 11 Background 13 Legislation 15 Economy 17 Past studies 19 Methodology for fieldwork in late 2016 21 Results of the survey 21 Sources and wholesale prices of raw ivory in 2016 27 Ivory carving in 2016 33 Retail outlets selling worked ivory in late 2016 33 Vientiane 33 History and background 34 Retail outlets, ivory items for sale and prices 37 Customers and vendors 41 Dansavanh Nam Ngum Resort 41 History and background 42 Retail outlets, ivory items for sale and prices 43 Customers and vendors 44 Savannakhet 45 Ivory in Pakse 47 Luang Prabang 47 History and background 48 Retail outlets, ivory items for sale and prices 50 Customers
    [Show full text]