Publication:
Cambodia Economic Update, October 2016: Enhancing Export Competitiveness, the Key to Cambodia’s Future Economic Success

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2016-10-25T22:18:20Z
dc.date.available2016-10-25T22:18:20Z
dc.date.issued2016-10
dc.description.abstractCambodia’s economic activity continues to expand, led by solid growth in garment exports and strong construction activity. Real growth is projected to reach 7.0 percent in 2016, in line with the resilient performance across the region. The economy is projected to sustain its high growth trajectory, expanding at 6.9 percent in both 2017 and 2018 propelled by exports and government consumption. The agriculture sector is expected to improve slightly due to better weather conditions this year and to expand gradually in the near term, thanks to concerted efforts by all stakeholders, in particular the public sector. Risks, however, include potential uncertainty related to commune and general elections in 2017 and 2018, respectively, a sharp decline in the construction and real estate sector, fallout from a rise in US interest rates, regional tensions and slower global growth. Although severe drought caused by El Niño is a challenge, the downward trend of poverty is expected to continue over the next few years, albeit driven mainly by the garment, construction, and services sectors. The agriculture sector, which was the main driver of poverty reduction in the past has recently eased.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/10/26857834/cambodia-economic-update-enhancing-export-competitiveness-key-cambodia’s-future-economic-success
dc.identifier.doi10.1596/25272
dc.identifier.urihttps://hdl.handle.net/10986/25272
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesCambodia economic update;
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjecteconomic growth
dc.subjectgarment industry
dc.subjectfootwear industry
dc.subjecttourism
dc.subjectagriculture
dc.subjectpoverty
dc.subjectexports
dc.subjectdirect foreign investment
dc.subjectmonetary policy
dc.subjectfiscal policy
dc.subjecteconomic outlook
dc.titleCambodia Economic Update, October 2016en
dc.title.subtitleEnhancing Export Competitiveness, the Key to Cambodia’s Future Economic Successen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleCambodia Economic Update, October 2016
okr.date.disclosure2016-10-12
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2016/10/26857834/cambodia-economic-update-enhancing-export-competitiveness-key-cambodia’s-future-economic-success
okr.guid575221480949830789
okr.guid889161476278536498
okr.identifier.doi10.1596/25272
okr.identifier.externaldocumentum090224b084777dea_2_0
okr.identifier.internaldocumentum26857834
okr.identifier.report108982
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/889161476278536498/pdf/108982-WP-P148100-PUBLIC-FinalCEUOctoberEnglish.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.countryCambodia
okr.themeEconomic management :: Analysis of economic growth
okr.themeEconomic management :: Macroeconomic management
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicIndustry
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.topicInternational Economics and Trade::Trade Policy
okr.unitGMF - East Asia and Pacific 1 (GMF02)
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