Publication:
Cambodia: Sustaining Strong Growth for the Benefit of All

dc.contributor.authorWorld Bank Group
dc.date.accessioned2017-06-14T20:38:33Z
dc.date.available2017-06-14T20:38:33Z
dc.date.issued2017-05-09
dc.description.abstractCambodia has become one of the world’s leaders in poverty reduction and shared prosperity. Cambodia sustained an average growth rate of 7.6 percent in 1994-2015, ranking sixth in the world, and has now become a lower middle-income economy. Cambodia’s success has ridden on employment creation, although labor productivity gains have been lower than in other fast-growing economies, partly due to lower capital intensity. Growth has also been driven to a large extent by the country’s rich and diverse natural capital which supports the livelihoods of millions of Cambodians. Going forward, Cambodia may not be able to rely on the same factors that drove strong growth and poverty reduction over the past two decades. Declining external competitiveness threatens the sustainability of garments and tourism and poses a challenge to economic diversification and moving up the value chain. A number of institutional, human capital, and, to a lesser extent, infrastructure constraints hamper competitiveness as well as the creation of a vibrant private sector in Cambodia. In light of these challenges and risks, areas of development for ensuring strong, inclusive, and sustainable growth with shared prosperity in Cambodia going forward were identified, based on analysis and consultations with stakeholders. The areas for development were ranked based on the impact interventions will have on maintaining strong and sustainable growth and achieving poverty reduction and shared prosperity, in terms of creating and enhancing households’ participation in better economic opportunities, the share of the population affected, and complementarity with other interventions.en
dc.identifierhttp://documents.worldbank.org/curated/en/620151496155751423/Cambodia-Sustaining-strong-growth-for-the-benefit-of-all
dc.identifier.doi10.1596/27149
dc.identifier.urihttps://hdl.handle.net/10986/27149
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesSystematic Country Diagnostic;
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectDEVELOPMENT CHALLENGES
dc.subjectECONOMIC GROWTH
dc.subjectPOVERTY REDUCTION
dc.subjectSHARED PROSPERITY
dc.subjectAGRICULTURAL EXPANSION
dc.subjectCOMMODITY PRICES
dc.subjectEXPORTS
dc.subjectDEMOGRAPHIC DIVIDEND
dc.subjectRISKS
dc.subjectSUSTAINABILITY
dc.subjectRESILIENT DEVELOPMENT
dc.titleCambodiaen
dc.title.subtitleSustaining Strong Growth for the Benefit of Allen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.associatedcontenthttps://openknowledge.worldbank.org/handle/10986/40945 SCD2, January 2024
okr.crossref.titleCambodia
okr.date.disclosure2017-05-30
okr.doctypeSystematic Country Diagnostic
okr.docurlhttp://documents.worldbank.org/curated/en/620151496155751423/Cambodia-Sustaining-strong-growth-for-the-benefit-of-all
okr.guid533371502293221112
okr.guid404071502293127584
okr.guid620151496155751423
okr.identifier.doi10.1596/27149
okr.identifier.externaldocumentum090224b084d78100_2_0
okr.identifier.internaldocumentum27520556
okr.identifier.report115189
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/620151496155751423/pdf/Cambodia-SCD-May-9-SEPCO-05242017.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryCambodia
okr.topicMacroeconomics and Economic Growth::Commodities
okr.topicMacroeconomics and Economic Growth::Economic Policy, Institutions and Governance
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicPoverty Reduction::Poverty Diagnostics
okr.topicPoverty Reduction::Poverty Monitoring & Analysis
okr.unitGMF - East Asia and Pacific 1 (GMF02)
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