Suppose the world bank and the US garantee the laon to Laos with the amount 500 billion dollars . What must Laos do with that money to made Laos become modern and economy strong and when Laos will be able to pay those money back ? What Laos have to build first ? and what industries should be built ? where to build ? the high way and railraod to transport the good to the sea ? or by air ( airport).
the amount of money is necessary, but if you get the big like you stated it, laos will not become modern country overnight. it's not only the money is important, it's the ppl, the resources and the knowledge have to be together. you can build manufacturers, railroads, high ways all together, but if you don't have the knowledge to manage and make profit from them, it will break down right after you build it. ( i mean for what to just have all of these things). as elders said, if you want to go fast go alone, if you want go far go together.
In genaral with that money we should study where the world market and open the bank with a little low interest laon to the companies in different products to build the factories in Laos so the Lao people could get jobs . The laon to the companies which each companies much have their own money at least 50% to build the factories such as , carment, rubbers , plastic and computers and electronic part that we could hit the top manager or top scientist from Germany or United Statesand Japan to supervises..and trein the Lao people..etc...too many idea when you have the money and the most important sent the Lao youth over sea to learn and stupy and get experience from other countries . Also invest and be partner with the foreign companies already have their product on the markets..and have they build some factories in Laos. So there are too many idea when you have the money..... When there are a lot of jobs and a lot of income to the people and also a lot of taxes to be paid to the country, I must say that the raod and railraod must be build first from the factories to the harbor so Laos diplomatic must play a big role between the neighbor countries so Laos won't be gaging to death. I believe Laos should be able to pay back in 30 years.
Money is not the most important, 1000000000000000000000000 billion is not enought if laos don't know how to manage those money, one day will fail and lose all
for example: to build the train from north- south of Laos, but it is necessary to hire the engineer to maintaine and manager, otherwise the road break, train break, people die,
my point is, Lao people must know how to use the resources, how to use the aid and money from aid,
We start invest with the other different companies in different products which they already have experience and product in the market such as nike, levis , cannon , microsolf..., toyota....etc...have be part of them and have they build some of their factories in Laos. So we won't have to worry about the superviser and scientists. Yes , it will take time but it could be done .We could hide good superviser from Europe such as Germany and the US.
Money is not the most important, 1000000000000000000000000 billion is not enought if laos don't know how to manage those money, one day will fail and lose all
for example: to build the train from north- south of Laos, but it is necessary to hire the engineer to maintaine and manager, otherwise the road break, train break, people die,
my point is, Lao people must know how to use the resources, how to use the aid and money from aid,
Hide someone who can , there are alot of smart people in the world example Japan hide a lot of German people to superviser and mananger their companies. Please, don't show the world that you are.... please....
When Laos have money , Laos will have a lot of idea and Skill . California is bigger than Laos so should be no problems . I believe That there are a lot of intellegent Lao people out there.
Build the school for Lao children with good education as developed country,hire foreign teacher and copy developed countries education to apply in Laos
First to develop the human resources in Laos, Build the University and hire foreign teachers in each Major,after Laos has enough of human resources and experts, they will together build laos as modern country and Laos can earn the money and give back to Us and World bank. it seems very long-term investment. at least 50 years, one laos has more expert and specialist, we can dig the mining under earth, dig the gas ,build the dam, open the factory to supply the world, when laos people reach 1 Billion people, we have power to do everything......
Thats a very huge sum of money and at this moment very unlikely to happen considering that the US is currently having an economic turmoil. Nevertheless, dreams and hope are few of the remaining free things on earth... so keep on dreaming.
If indeed the US let Laos borrow that amount, first I doubt if Laos can pay it in the span of 30 years as what someone here mentioned. Next, that could only give Laos a headstart towards social and economic development is the money is spent wisely. IF there is no clear policy and well developed plan on how that money will be spent, Laos will only end up like a gambler in the casino who will lose everything and end up broke, and your grandchildren , greatgrand children and great-great grandchildren will be forever indebt to the US.
If indeed the US let Laos loan (this is the right spelling guys) that much, Laos should appropriate it wisely so that it will be used to the most critical aspects that will make Laos develop as country and become self sustaining later on. Meaning not all the money should be spent in business.
A big portion should go to business, that is ok. Some should be for improving education system, health services and facilities, industrial and agricultural development, and rebuilding peoples trust to the government through good governance and elimination of corruption and nepotism.
Business will give Lao job opportunites. education will give Lao empowerment and capability. Health ... of course how can people be productive if they are sickly. Agriculture will give Lao food security. Good governance will make leaders run the country more wisely.
Are you serious???? Hahahahhah... U.S.A. is broke right now and currently borrowing money from China to pay off some debts.
Ya su funh lai... nai loke nee bor mee yung dork si dai free hun na...
Life without dream is no future my brother..... What it is meant the world bank to laon money to Laos and the US co-sign the laon or back up ( guarantee if Laos won't pay back the US will. ) like they have been done to the poor countries. Even the US has the economy turm oil. Every years ,the US still give aid to the poor conutries such as some countries in Africa , Afganistan , Phillippine, Thailand south Korea..etc.. I believe all Lao- American people who pay taxes , prefer that the US government spending money on Laos and give Aid to Laos better than building weapons and spending on malitary to kill people in Irag and spend money on missils ( star war) and space program (NASA). I know that is impossible for Laos to get the Laon that amount. I just want to know some of us have any ideas what to do with the money . Because now the Lao government has not show any plans and any things . Every years runs around begs for aid year after year (don't get me wrong aid is good for Laos) .It seems to me nothing new but destroy the rain forest ( Chop down the trees) , allow the Chinese build the casino , porno stores and do very little about the drug problems and corruptions and illigal immigrant ( Vietnamese ) and control the Chinese immigrant into Laos. So the same old stuff..... Dream with a little dream and with a little bit of luck Lao people might be lucky brother, just like winning the lottery.
Money is not the most important, 1000000000000000000000000 billion is not enought if laos don't know how to manage those money, one day will fail and lose all
for example: to build the train from north- south of Laos, but it is necessary to hire the engineer to maintaine and manager, otherwise the road break, train break, people die,
my point is, Lao people must know how to use the resources, how to use the aid and money from aid,
What you meant that Laos should not plan to do anything but begging for aid forever.
No Matter how much money is lent or donated to laos, the corruption of the government in laos will thank them with a smile on their faces and it will then be shared into each politicians pockets, this money will not be used for any infrustructure in laos nor the laos people will never see.
As there is only one party there are no oppositions which means there is no-one to forsee any money being spent to modernise the country and the economy.
For laos to change they first need to change the government, and then to stop all the corruption that is taking place all over the country.
The laos government will try to borrow all funds it can get knowing itself that it will never be able to repay the amount back so it doesnt care. It will take whatever it can get.
The rest of the world should not donate or lend to Laos until the Laos government can prove to the world that borrowed money has in the past been well spent for the people of Laos.
From my experience and being a Laotion myself I know all the corruption that takes place. Here are some example;
*Laos police will accept bribes and look for ways to Fine/charge you to obtain a cigarette or their lunch/beer money from you.
*Laos government send their own childrens or relatives on sponsored overseas scholarships paid by other countries where the government was suppose to select bright students within its schools and colleges.
*All laos govenment agencies will accept bribes, as the money will be distributed to all involved.
*All politicians and government agencies are given an excessive amount of free fuel, even those who dont have vehicles, who then siphon the fuel out of the vehicles and resell in the black market to the laos public,
No Matter how much money is lent or donated to laos, the corruption of the government in laos will thank them with a smile on their faces and it will then be shared into each politicians pockets, this money will not be used for any infrustructure in laos nor the laos people will never see.
As there is only one party there are no oppositions which means there is no-one to forsee any money being spent to modernise the country and the economy.
For laos to change they first need to change the government, and then to stop all the corruption that is taking place all over the country.
The laos government will try to borrow all funds it can get knowing itself that it will never be able to repay the amount back so it doesnt care. It will take whatever it can get.
The rest of the world should not donate or lend to Laos until the Laos government can prove to the world that borrowed money has in the past been well spent for the people of Laos.
From my experience and being a Laotion myself I know all the corruption that takes place. Here are some example;
*Laos police will accept bribes and look for ways to Fine/charge you to obtain a cigarette or their lunch/beer money from you.
*Laos government send their own childrens or relatives on sponsored overseas scholarships paid by other countries where the government was suppose to select bright students within its schools and colleges.
*All laos govenment agencies will accept bribes, as the money will be distributed to all involved.
*All politicians and government agencies are given an excessive amount of free fuel, even those who dont have vehicles, who then siphon the fuel out of the vehicles and resell in the black market to the laos public,
Do you have any evidences to support your story ? Are you Lao nai or Lao nork ? I am Lao nork and I hard to believe that every one will be corrupted . So there must be some bad and some good that what I believe just like every nation on earth. I still believe that Laos still have chance and it is not too late and still hope.
Life without dream is no future my brother..... What it is meant the world bank to laon money to Laos and the US co-sign the laon or back up ( guarantee if Laos won't pay back the US will. ) like they have been done to the poor countries. Even the US has the economy turm oil. Every years ,the US still give aid to the poor conutries such as some countries in Africa , Afganistan , Phillippine, Thailand south Korea..etc.. I believe all Lao- American people who pay taxes , prefer that the US government spending money on Laos and give Aid to Laos better than building weapons and spending on malitary to kill people in Irag and spend money on missils ( star war) and space program (NASA). I know that is impossible for Laos to get the Laon that amount. I just want to know some of us have any ideas what to do with the money . Because now the Lao government has not show any plans and any things . Every years runs around begs for aid year after year (don't get me wrong aid is good for Laos) .It seems to me nothing new but destroy the rain forest ( Chop down the trees) , allow the Chinese build the casino , porno stores and do very little about the drug problems and corruptions and illigal immigrant ( Vietnamese ) and control the Chinese immigrant into Laos. So the same old stuff..... Dream with a little dream and with a little bit of luck Lao people might be lucky brother, just like winning the lottery.
Okay man... I'll give you that!!!! LIfe without a dream is no future.. The question is... What does Laos have to offer to the U.S.???? The only reason that U.S. are giving aids to africa, phillipino, thailand and south korea because those countries do have something to offer back to the U.S.. For example, those countries allow the U.S. to have malitary bases in their countries.
BLM69 where are you ? you seem to be an expert in economy field.
Also a lot of the one who always criticized and complained now it is time to show how smart you are .
I took a trip to Disneyland and just got back yesterday.
First of all, I did not profess myself as an expert in economy . Anyway, what is the use of dedicating our time in answering this silly question when we all know it’s too unrealistic? Unless there would be a foreseeable expectation that Laos will miraculously receive $500 billion dollars a year or so, or a decade from now, then there is no point discussing this hypothesis. Nonetheless, I presumed your sincerity in asking for my opinion, so I will briefly explain and direct you to a perceptible indication of truth about Laos.As you know, a country is in an urgent need for various professionals, institutions and infrastructures. Laos, a country with GDP less than $15 billion dollars sure can do a lot with that half of a trillion. Let’s hire 3 economists from Thailand or Japan would cost $300,000 the most to assist in a 10th-Five Year Plan for the first $250 or $300 billion as an experimental strategy. Infrastructures greatly contribute to GDP and higher GDP contributes to better living standard. This is of course based on a fairly equitable distribution of income. In addition, more advanced infrastructures, allow greater potential for household savings and corporate profitability and lead to a substantial amount of tax revenues. The government then can also introduce an Institution of Microfinance providing financial services/loans to the average or poor citizens, self-employed individuals and other small entrepreneurs with below market interest rates.
But in economics, other things are equal (ceteris paribus) which means the need to forgo a small or larger portion of something is inevitable in order to have more of something and how elastic Laos’ economy to changes of others’ economy are equally important because economics is not based on scientific theory but rather empirical experiment and observation. If capital inflows are not matched with capital outflows in a timely fashion, then any hope for a sustainment of growth would be very difficult to achieve as investment is typically pre-funded and capital will usually flow in before it goes out; the same thing with imports and profits. Having $500 billion dollars to invest undeniably needs serious reforms and policy changes. Would Lao-economy at the present be better off with just a pure competition or pure monopoly or the confluence of monopolistic competition, and oligopolistic competition? In what sectors would any of these be allowed so as to have better price control and increase maximum number of labor force? As we all know, most policy makers tend to give a much higher weight to short-term problems than the longer view without a clear-cut distinction.
What about changing the constitution and sign it into law the property rights? That would ensure foreign investors in Laos are there to stay. As they stay, their interests also grow and as their interests grow, their businesses would also expand then Laos would become more significant to the world’s entrepreneurships and more jobs would be created along other necessary infrastructures; furthermore, Laos would have greater access to loans from international bank such as IMF after it fully invests $500 billion dollars assuming a substantial increase in gross domestic production (GDP)
Frankly speaking, I can’t just explain in a few paragraphs or just a few pages in economics. However, Laos does not have many raw materials to attract foreign countries and Laos had not ever been considered a desirable strategic locality for any major powers besides Skinny Viets, so the $500 billion dollars will remain as a wet dream for years to come and as I said, it is too unrealistic and useless for further discussion.
Very good points BLM! By the way how's the trip to Disneyland? Do you have some photos with Mickey?
It was a fun trip for kids but it was an exhausting trip for me. I was not really paying much attention to Mickey because I wasn’t able to keep my eyes of princess’ booties.
USA uses Laos to monitor the behavior or collect sensitive inf. from our neighbors.
Assuming what you said was true; still it does not change the fact that Laos was not anywhere as important as South Vietnam in the eyes of Washington at the time.It was being used by Hanoi as a passage of supply to their fighting men and women in the South and with the assistance of Lao Isara only facilitated their mission and as series of aerial interdiction campaigns by Americans in conjunction with Royal Lao Army had undeniably made life a living hell for the Viets along Ho Chi Minh Trail. The shortage of food indeed emaciated many Vietcongs and their weights of less than 98 pounds manifested it in this regards. So the mighty B-52s had done a great job.
Even though Laos was not a beneficiary out of this war, but it sure had opened a new chapter for a new hope in a new era. Should we blame Laotians for wanting to be communist? The answer is absolutely no; because, Laos was irrefutably tired of destitution. It had lived utterly under extreme poverty and it still has but at least, there is a better hope this time than there was 20 years ago. It is also in a better position at the moment due to its stability and no domestic scuffle. It had already gotten worse so it is now time to get better.
No Matter how much money is lent or donated to laos, the corruption of the government in laos will thank them with a smile on their faces and it will then be shared into each politicians pockets, this money will not be used for any infrustructure in laos nor the laos people will never see.
As there is only one party there are no oppositions which means there is no-one to forsee any money being spent to modernise the country and the economy.
For laos to change they first need to change the government, and then to stop all the corruption that is taking place all over the country.
The laos government will try to borrow all funds it can get knowing itself that it will never be able to repay the amount back so it doesnt care. It will take whatever it can get.
The rest of the world should not donate or lend to Laos until the Laos government can prove to the world that borrowed money has in the past been well spent for the people of Laos.
From my experience and being a Laotion myself I know all the corruption that takes place. Here are some example;
*Laos police will accept bribes and look for ways to Fine/charge you to obtain a cigarette or their lunch/beer money from you.
*Laos government send their own childrens or relatives on sponsored overseas scholarships paid by other countries where the government was suppose to select bright students within its schools and colleges.
*All laos govenment agencies will accept bribes, as the money will be distributed to all involved.
*All politicians and government agencies are given an excessive amount of free fuel, even those who dont have vehicles, who then siphon the fuel out of the vehicles and resell in the black market to the laos public,
Do you have any evidences to support your story ? Are you Lao nai or Lao nork ? I am Lao nork and I hard to believe that every one will be corrupted . So there must be some bad and some good that what I believe just like every nation on earth. I still believe that Laos still have chance and it is not too late and still hope.
Plenty of evidences and very easy to find just go back to Laos and try to get somethings done without bribes you never get the work done ,the same with the police and the drug dealers. It seems no hope also look at the high ranking government officials where and how they get the money from to build the big houses and buy very expensive cars with cash and look at their banking account in the foreign or Swiss banks. If you are in the communist party and you are not going alone with them you are not going to last, they will get rid of you. So the whole party will share the aid money and any money among themselves and what ever money they could lay a hand on . That are the reasons why Laos develops so slow because the whole government corrupted. The Lao people never ever see the money.
Okay man... I'll give you that!!!! LIfe without a dream is no future.. The question is... What does Laos have to offer to the U.S.???? The only reason that U.S. are giving aids to africa, phillipino, thailand and south korea because those countries do have something to offer back to the U.S.. For example, those countries allow the U.S. to have malitary bases in their countries.
That is true but also a lot of countries that the US give aid and doesn't have military base in their countries such as Egyth and Pakistan. Israel and Palestine and a lot more..etc... Laos does not have any thing to offer the US but democry and the human bee right that what the American love to see and still better than the dictatorship and one party who run the country and do what ever they please regardless of the majority or the whole Lao people think. They are the one who pull Laos back from getting progress ( every one of them are corrupted if not they will get rid of ).
That is true but also a lot of countries that the US give aid and doesn't have military base in their countries such as Egyth and Pakistan. Israel and Palestine and a lot more..etc... Laos does not have any thing to offer the US but democry and the human bee right that what the American love to see and still better than the dictatorship and one party who run the country That is true but also a lot of countries that the US give aid and doesn't have military base in their countries such as Egyth and Pakistan. Israel and Palestine and a lot more..etc... Laos does not have any thing to offer the US but democry and the human bee right that what the American love to see and still better than the dictatorship and one party who run the country and do what ever they please regardless of the majority or the whole Lao people think. They are the one who pull Laos back from getting progress ( every one of them are corrupted if not they will get rid of ). They are the one who pull Laos back from getting progress ( every one of them are corrupted if not they will get rid of )............
don't forget the foundation of democracy is the rules. when there are more than one person at the place, to live in peacefully, there should have some rules.
...................and do what ever they please regardless of the majority or the whole Lao people think. ..................
by said that, i think that you are sooooooooooooooo far behind my bro. it's no place on earth that you can do as stated above. i can be wrong, coz i never run a country.
so the $500 billion dollars will remain as a wet dream for years to come and as I said, it is too unrealistic and useless for further discussion.
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