Cambodia

Diversifying Beyond Garments and Tourism

Business & Finance, Economics, International Economics, Industries & Professions, Industries
Cover of the book Cambodia by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789292548087
Publisher: Asian Development Bank Publication: November 1, 2014
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292548087
Publisher: Asian Development Bank
Publication: November 1, 2014
Imprint: Asian Development Bank
Language: English

Cambodia has enjoyed over two decades of robust growth, with rising foreign investment and deepening integration into global and regional value chains. The country---once riven by civil war and conflict---is now politically stable and increasingly making its mark as the world's eighth-largest rice producer, Asia's 10th largest garment exporter, and a rising tourist destination. Yet Cambodia faces considerable challenges. It suffers from major infrastructure deficits; limited skills development and education quality; and weaknesses in governance. Fiscal resources are also stretched. Moreover, for a successful transition to a modern industrialized economy, Cambodia needs to diversify and upgrade its productive capabilities. This publication examines the opportunities and the challenges, and offers recommendations for long-term socioeconomic strategy.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Cambodia has enjoyed over two decades of robust growth, with rising foreign investment and deepening integration into global and regional value chains. The country---once riven by civil war and conflict---is now politically stable and increasingly making its mark as the world's eighth-largest rice producer, Asia's 10th largest garment exporter, and a rising tourist destination. Yet Cambodia faces considerable challenges. It suffers from major infrastructure deficits; limited skills development and education quality; and weaknesses in governance. Fiscal resources are also stretched. Moreover, for a successful transition to a modern industrialized economy, Cambodia needs to diversify and upgrade its productive capabilities. This publication examines the opportunities and the challenges, and offers recommendations for long-term socioeconomic strategy.

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