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Opinion

Laos' financial crisis can be an opportunity for reform

Country's previous growth trajectory was not sustainable

| Laos
People line up for gas in Vientiane on June 20 when the Laotian capital almost came to a standstill. (Photo courtesy of U.N. Department of Safety and Security)

Kanni Wignaraja is U.N. assistant secretary-general and director of the U.N. Development Program's Asia and the Pacific bureau. Ricarda Rieger is UNDP's resident representative in Laos.

This past June, Vientiane almost came to a standstill. Fuel shortages stunted traffic and long lines formed at gas stations around the Laotian capital as motorists waited patiently to fuel up.

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