Economy
Literature on the Boloven Plateau often focuses on two primary economic contributors to the region: agricultural production and tourism. Both contribute greatly to the Plateau’s revenue.
The French first began farming and other agricultural techniques in the Bolaven Plateau including the production of coffee, rubber, and bananas in the early 20th century. Since the French’s initial influence, “the plateau remained an important agricultural area growing a wide variety of fruit and vegetables, as well as cash crops such as cardamom”. However, it was the French introduction of the production of coffee that has proved most useful to the region.
During colonization, the French introduced the production of “high quality stock of both Arabica and Robusta strains. Production declined during the war years, but is now experiencing a renaissance”. The climate of the Plateau with its cooler temperatures and abundant rainfall makes it the perfect place for coffee production. Most farming families that make up a variety of the aforementioned minority groups are highly dependent on the coffee industry as their source of income. Almost all coffee in Laos is “cultivated almost exclusively on the Bolaven Plateau in Champasak Province in the southern part of the country… Currently, the Lao coffee harvest generates about 15-20,000 tons a year, 80% of which is Robusta.
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Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)