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More Poverty for Lao
The future of Lao depends not so much on politics or ideology, but the intertwining role of politics and economics. Until Lao is governed by a leadership that is well versed in both politics and economics, the fate of Lao will remain uncertain. For 25 years, Lao experimented with planned economy, it proved unsuccessful. By shifting the planning authority from the central government to the provincial will not change the result. The market, even in poor Lao, is too strong and too wild to be tamed by any political ideology.