Sandwiched between Vietnam and Thailand, Laos is one of the world's poorest countries. The communist government has been trying to liberalize and attract foreign direct investment since the mid-1990's, and hopes to emulate China's model of gradual economic liberalization while maintaining a strong central government. Yesterday, the country's first stock exchange opened. It only lists two companies, but hopes to eventually serve as a fundraising tool to inject $8 billion into the economy.
BBC News - Laos stock market opens to boost economy
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