Since 1986 Lao PDR has greatly reduced the barriers to international trade and the government's direct controls over the economy. Aggregate growth during this reform period has been quite rapid. Although the benefits of growth have gone disproportionately to the non-poor and inequality has...

In this paper, we numerically illustrate the method for exact decomposition of the welfare effects of policy reforms, proposed by Fane and Ahammad (2004), by analyzing some trade liberalization scenarios in Bangladesh. Fane and Ahammad extend Harberger's method for decomposing the welfare...