Landlocked and underdeveloped, Laos is a relatively remote country, squeezed in-between the bigger economies of neighbouring China, Thailand and Vietnam, and buffered by Myanmar and Cambodia at its extremities. It is run by one of the world’s few remaining communist governments, which pursues economic reform efforts with just enough vigour to keep the international donor community engaged with the population of six million people, most of whom do not have bank accounts.
Banks numbers dwindled
