Cambodia - Sustaining Rapid Growth in a Challenging Environment : Country Economic Memorandum

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dc.creatorWorld Bank
dc.date2012-03-19T17:25:25Z
dc.date2012-03-19T17:25:25Z
dc.date2009-01-01
dc.date.accessioned2026-07-01T00:53:54Z
dc.descriptionMany countries succeed in generating high economic growth at some point in their history. But only a very few manage to sustain rapid growth for an extended period. Only such a prolonged period of rapid growth can have a significant impact on income per capita, and such an impact often brings with it many other important changes to people's lives. Cambodia has more than doubled its income per capita over the past decade, from US$285 in 1997 to US$593 in 2007. This doubling has been accompanied by the trappings of a profound structural transformation: integration into the global economy; a shift of jobs from agriculture to manufacturing; a demographic transition; and migration from rural to urban areas. Translating into jobs and better services, these outcomes have led to a significant reduction in poverty, as well as improvements in health and education. This report aims to contribute to policymakers' and citizens' thinking about growth in Cambodia in three ways: (i) it reviews the experience of the past decade and draws the Cambodia-specific lessons of this period; (ii) it sketches the major potential sources of growth with the aim of assessing the barriers to growth; and (iii) it outlines policy options for addressing these barriers.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20091202232805
dc.identifierhttps://hdl.handle.net/10986/3142
dc.identifierhttps://doi.org/10.1596/3142
dc.identifier.urihttp://hdl.handle.net/123456789/412636
dc.languageEnglish
dc.publisherWorld Bank
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectADVANCED COUNTRIES
dc.subjectADVERSE IMPACT
dc.subjectAGRICULTURE
dc.subjectARABLE LAND
dc.subjectASSETS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK DEPOSITS
dc.subjectBANK ENTRY
dc.subjectBANK LENDING
dc.subjectBANK LOAN
dc.subjectBANKING SUPERVISION
dc.subjectBANKING SYSTEM
dc.subjectBARRIERS TO GROWTH
dc.subjectBROAD MONEY
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCAPITAL ACCOUNTS
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL GAIN
dc.subjectCAPITAL INFLOWS
dc.subjectCLIMATE CHANGE
dc.subjectCOLLATERAL
dc.subjectCOLLATERAL REQUIREMENTS
dc.subjectCOLLECTIVE ACTION
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANKING
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMODITIES
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPARATIVE ADVANTAGES
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMERS
dc.subjectCOST OF CAPITAL
dc.subjectCOST-BENEFIT ANALYSES
dc.subjectCREATION OF JOBS
dc.subjectCREDIT BUREAU
dc.subjectCREDIT FACILITY
dc.subjectCREDIT INFORMATION SYSTEM
dc.subjectDEBT
dc.subjectDECISION TREE
dc.subjectDEFLATORS
dc.subjectDEMOGRAPHIC
dc.subjectDEMOGRAPHIC TRANSITION
dc.subjectDEMOGRAPHICS
dc.subjectDEPOSIT
dc.subjectDEPOSIT RATES
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDISTORTED INCENTIVES
dc.subjectDIVIDEND
dc.subjectDIVIDENDS
dc.subjectDOMESTIC ECONOMY
dc.subjectDOMESTIC MARKET
dc.subjectDURABLE
dc.subjectDURABLE EQUIPMENT
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC SITUATION
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL CONCERNS
dc.subjectENVIRONMENTAL STANDARDS
dc.subjectEQUITY FUNDS
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT SECTOR
dc.subjectEXPORTS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL PRODUCTS
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL POLICY
dc.subjectFISH
dc.subjectFISHERIES
dc.subjectFIXED CAPITAL
dc.subjectFIXED INVESTMENT
dc.subjectFOOD POLICY RESEARCH
dc.subjectFOOD PRICES
dc.subjectFOREIGN ASSETS
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTOR
dc.subjectFORESTRY
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL FINANCIAL MARKETS
dc.subjectGLOBAL TRADE
dc.subjectGOOD GOVERNANCE
dc.subjectGOVERNANCE MECHANISMS
dc.subjectGOVERNMENT INTERVENTIONS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS FIXED CAPITAL FORMATION
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectHUMAN CAPITAL
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectINFLATIONARY PRESSURES
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINTEREST INCOME
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL FINANCIAL MARKETS
dc.subjectINTERNATIONAL INVESTOR
dc.subjectINTERNATIONAL LABOUR ORGANIZATION
dc.subjectINTERNATIONAL RESERVES
dc.subjectINTERNATIONAL TRADE
dc.subjectINVENTORIES
dc.subjectINVESTING
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT FLOWS
dc.subjectJOB CREATION
dc.subjectLABOR MARKET
dc.subjectLABOR PRODUCTIVITY
dc.subjectLABOR STANDARDS
dc.subjectLEGAL FRAMEWORK
dc.subjectLIBERALIZATION
dc.subjectLIVING STANDARDS
dc.subjectLOCAL CURRENCY
dc.subjectLOGGING
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMACROECONOMIC ENVIRONMENT
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC PERFORMANCE
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC POLICY
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMIC UNCERTAINTY
dc.subjectMICRO-FINANCE
dc.subjectMIDDLE INCOME COUNTRY
dc.subjectMISMANAGEMENT
dc.subjectMONETARY POLICY
dc.subjectNATIONAL BANK
dc.subjectNATURAL RESOURCES
dc.subjectNET EXPORTS
dc.subjectNEW MARKETS
dc.subjectNEW PRODUCTS
dc.subjectNON-PERFORMING LOANS
dc.subjectOIL
dc.subjectOPEN ECONOMY
dc.subjectOVERVALUATION
dc.subjectPAYMENTS SYSTEM
dc.subjectPER CAPITA INCOME
dc.subjectPER CAPITA INCOMES
dc.subjectPOLICY ENVIRONMENT
dc.subjectPOLICY INSTRUMENTS
dc.subjectPOLICY MAKERS
dc.subjectPOLITICAL PLATFORM
dc.subjectPOLITICAL STABILITY
dc.subjectPOLLUTION
dc.subjectPOTENTIAL INVESTMENTS
dc.subjectPRICE DISTORTION
dc.subjectPRIVATE EQUITY
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRODUCERS
dc.subjectPRODUCTION COSTS
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC-PRIVATE PARTNERSHIP
dc.subjectQUOTAS
dc.subjectRAPID DEVELOPMENT
dc.subjectRAPID GROWTH
dc.subjectRATE OF GROWTH
dc.subjectRATE OF INVESTMENT
dc.subjectRATES OF RETURNS
dc.subjectREAL ESTATE
dc.subjectREAL INTEREST
dc.subjectREAL INTEREST RATES
dc.subjectRED TAPE
dc.subjectREGIONAL INTEGRATION
dc.subjectREGIONAL TRADE
dc.subjectREGRESSION ANALYSIS
dc.subjectREGULATORY FRAMEWORK
dc.subjectREPUTATION
dc.subjectRESERVE REQUIREMENTS
dc.subjectRETURN
dc.subjectRURAL INFRASTRUCTURE
dc.subjectSAFETY NETS
dc.subjectSAVINGS
dc.subjectSHARE OF ASSETS
dc.subjectSMALL ECONOMIES
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SAFETY NETS
dc.subjectSTOCK MARKET
dc.subjectSTOCK MARKETS
dc.subjectSTREAMS
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectSUSTAINABLE MANAGEMENT
dc.subjectTAX
dc.subjectTAX INCENTIVES
dc.subjectTAXATION
dc.subjectTECHNOLOGY TRANSFER
dc.subjectTERMS OF TRADE
dc.subjectTRACK RECORD
dc.subjectTRANSPARENCY
dc.subjectTRANSPARENCY INITIATIVE
dc.subjectUNDERVALUATION
dc.subjectURBAN DEVELOPMENT
dc.subjectURBANIZATION
dc.subjectWAGES
dc.subjectWEALTH
dc.subjectWORKING CAPITAL
dc.subjectWORLD ECONOMY
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleCambodia - Sustaining Rapid Growth in a Challenging Environment : Country Economic Memorandum

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