Tag: infrastructure

Lack of Infrastructure Hampering Growth in Indonesia

Indonesia has been a rising economy since the Asian financial crisis in 1997. It is currently the 16th largest economy in the world in which its economy is driven solely by consumption.  The country is composed by a large young population that is quickly urbanizing while increasing income levels. The standard of living has been …

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Extreme Poverty in Lao PDR

Lao PDR has one of the highest growth rates in Southeast Asia with 6% increase every year in the last decade. Even the level of poverty has been declining. However, the country is still one of the least developed in Southeast Asia and the level of poverty is still largely apparent in this economy. Laos …

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