Publication:
Cambodia 1998-2008 : An Episode of Rapid Growth

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dc.contributor.authorGuimbert, Stephane
dc.date.accessioned2012-03-19T18:39:17Z
dc.date.available2012-03-19T18:39:17Z
dc.date.issued2010-04-01
dc.description.abstractCambodia's growth over 1998-2008 has been remarkable (almost 10 percent per annum for a decade). This paper applies a "growth diagnostic" approach to understand how this happened and how it can be sustained. Past growth has been driven by the coincidence of a set of historical and geographic factors (including opportunistic policy responses), together with the use of natural assets (although in a non sustainable way) and the elaboration of productive sector-specific governance arrangements. Several of these factors are unfortunately not self-sustaining and the global economic crisis of 2008-09 is exposing these vulnerabilities. A growth diagnostic flags a number of short-term priorities to ensure the competitiveness of existing industries, as well as more medium-term priorities for the country to continue attracting foreign investment and start mobilizing more domestic savings. A key economic policy objective is the diversification of the economy, which requires a reduction in unproductive risks and costs as well as creative solutions to coordination failures.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100414084009
dc.identifier.doi10.1596/1813-9450-5271
dc.identifier.urihttps://hdl.handle.net/10986/3758
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5271
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectACCOUNTING FRAMEWORK
dc.subjectAGRICULTURE
dc.subjectAMOUNT OF CAPITAL
dc.subjectARABLE LAND
dc.subjectASSET PRICES
dc.subjectASSETS
dc.subjectBANKING SECTOR
dc.subjectBARRIER
dc.subjectBARRIER TO ENTRY
dc.subjectBENCHMARKING
dc.subjectBINDING CONSTRAINT
dc.subjectBINDING CONSTRAINTS
dc.subjectBROAD MONEY
dc.subjectBUSINESS ENVIRONMENT
dc.subjectCAPACITY CONSTRAINTS
dc.subjectCAPITAL ACCUMULATION
dc.subjectCAPITAL GAINS
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL INVESTMENTS
dc.subjectCENTRALIZATION
dc.subjectCHILD LABOR
dc.subjectCOLLATERAL
dc.subjectCOLLECTIVE ACTION
dc.subjectCOLLECTIVE ACTION PROBLEMS
dc.subjectCOMMERCIAL FISHING
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPARATIVE ADVANTAGES
dc.subjectCOMPETITIVENESS
dc.subjectCOMPLIANCE COSTS
dc.subjectCOORDINATION FAILURES
dc.subjectCORRUPTION
dc.subjectCOST OF FINANCE
dc.subjectCOST STRUCTURE
dc.subjectCREDIBILITY
dc.subjectCREDIT RATIONING
dc.subjectCREDIT RISKS
dc.subjectCREDIT SYSTEM
dc.subjectCURRENCY
dc.subjectCURRENT ACCOUNT BALANCE
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDECISION TREE
dc.subjectDEMAND CURVE
dc.subjectDEMOGRAPHIC
dc.subjectDEMOGRAPHIC GROWTH
dc.subjectDEMOGRAPHIC TRANSITION
dc.subjectDEPOSITS
dc.subjectDEVELOPED COUNTRIES
dc.subjectDISPUTE RESOLUTION
dc.subjectDIVERSIFICATION
dc.subjectDIVIDEND
dc.subjectDURABLE
dc.subjectDURABLE EQUIPMENT
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectECONOMIC GEOGRAPHY
dc.subjectECONOMIC HISTORY
dc.subjectECONOMIC SITUATION
dc.subjectECONOMIC STRUCTURE
dc.subjectENABLING ENVIRONMENT
dc.subjectENFORCEMENT OF CONTRACTS
dc.subjectEQUIPMENT
dc.subjectEXCHANGE RATE
dc.subjectEXPENDITURES
dc.subjectEXPLOITATION
dc.subjectEXPORT SECTOR
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectEXTERNAL FINANCE
dc.subjectEXTERNALITIES
dc.subjectFERTILITY RATES
dc.subjectFINANCE CORPORATION
dc.subjectFINANCIAL ASSETS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTOR POLICIES
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL POLICY
dc.subjectFISH
dc.subjectFISHERIES
dc.subjectFISHERY MANAGEMENT
dc.subjectFOOD POLICY RESEARCH
dc.subjectFOOD PRICE
dc.subjectFOOD PRICES
dc.subjectFOREIGN ASSETS
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTORS
dc.subjectFORESTRY
dc.subjectFORMAL BANKING
dc.subjectFUTURE CASH FLOWS
dc.subjectFUTURE GROWTH
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGLOBAL MARKETS
dc.subjectGOVERNANCE INDICATORS
dc.subjectGOVERNANCE ISSUES
dc.subjectGOVERNMENT REGULATION
dc.subjectGROWTH POTENTIAL
dc.subjectGROWTH RATE
dc.subjectHUMAN CAPITAL
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectINFLOWS OF CAPITAL
dc.subjectINSURANCE
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL FLOWS
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVENTORIES
dc.subjectINVENTORY
dc.subjectINVESTING
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTMENT POLICIES
dc.subjectINVESTMENT PROJECTS
dc.subjectINVESTMENT RATES
dc.subjectINVESTMENT REGIME
dc.subjectJOINT VENTURE
dc.subjectLABOR COSTS
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLABOR PRODUCTIVITY
dc.subjectLABOR STANDARD
dc.subjectLABOR STANDARDS
dc.subjectLACK OF COMPETITION
dc.subjectLACK OF CREDIT
dc.subjectLAND TITLES
dc.subjectLAND TITLING
dc.subjectLEGAL ENVIRONMENT
dc.subjectLEGAL REFORMS
dc.subjectLIBERALIZATION
dc.subjectLIQUIDITY
dc.subjectLOAN
dc.subjectLOAN PORTFOLIO
dc.subjectLOAN REPAYMENT
dc.subjectLOCAL CURRENCY
dc.subjectLOGGING
dc.subjectLOW-INCOME COUNTRY
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMACROECONOMIC ENVIRONMENT
dc.subjectMACROECONOMIC INSTABILITY
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC POLICY
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMIC UNCERTAINTY
dc.subjectMARKET CONDITIONS
dc.subjectMARKET FAILURE
dc.subjectMARKET FAILURES
dc.subjectMONOPOLY
dc.subjectNATIONAL BANK
dc.subjectNATURAL RESOURCES
dc.subjectNET EXPORTS
dc.subjectOPEN ECONOMY
dc.subjectOPPORTUNITY COST
dc.subjectOUTPUT
dc.subjectOVERVALUATION
dc.subjectPOLICY DECISIONS
dc.subjectPOLICY INSTRUMENTS
dc.subjectPOLICY RESPONSES
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL STABILITY
dc.subjectPOLITICAL SYSTEM
dc.subjectPORTFOLIO
dc.subjectPOWER OUTAGES
dc.subjectPRICE INCREASES
dc.subjectPRIVATE INVESTMENT
dc.subjectPRODUCERS
dc.subjectPRODUCTION COSTS
dc.subjectPROFIT MARGINS
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SAVINGS
dc.subjectQUOTAS
dc.subjectRAPID GROWTH
dc.subjectRATE OF GROWTH
dc.subjectRATES OF RETURNS
dc.subjectREAL ESTATE
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL INTEREST
dc.subjectREAL INTEREST RATE
dc.subjectREAL INTEREST RATES
dc.subjectRED TAPE
dc.subjectREFORM PROGRAM
dc.subjectREGIONAL TRADE
dc.subjectREGISTRATION PROCESSES
dc.subjectREGRESSION ANALYSIS
dc.subjectREGULATORY POLICY
dc.subjectREGULATORY REQUIREMENTS
dc.subjectRETAINED EARNINGS
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectRULE OF LAW
dc.subjectRURAL INFRASTRUCTURE
dc.subjectSALES AGREEMENT
dc.subjectSAVINGS
dc.subjectSOCIAL CAPITAL
dc.subjectSTOCKS
dc.subjectSUPPLY OF CREDIT
dc.subjectTAX
dc.subjectTAX EXEMPTIONS
dc.subjectTAX RATES
dc.subjectTAXATION
dc.subjectTELECOMMUNICATIONS
dc.subjectTRACK RECORD
dc.subjectTRADE REGIME
dc.subjectTRANSPARENCY
dc.subjectTURNOVER
dc.subjectUNDERVALUATION
dc.subjectVALUE ADDED
dc.subjectWAGES
dc.subjectWAREHOUSE
dc.subjectWAREHOUSE RECEIPTS
dc.subjectWORKING CAPITAL
dc.subjectWTO
dc.titleCambodia 1998-2008 : An Episode of Rapid Growthen
dspace.entity.typePublication
okr.crossref.titleCambodia 1998-2008 : An Episode Of Rapid Growth
okr.date.doiregistration2025-04-10T11:51:50.452535Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100414084009
okr.guid957361468016740248
okr.identifier.doi10.1596/1813-9450-5271
okr.identifier.externaldocumentum000158349_20100414084009
okr.identifier.internaldocumentum12093794
okr.identifier.reportWPS5271
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/04/14/000158349_20100414084009/Rendered/PDF/WPS5271.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.administrativeEast Asia and Pacific
okr.region.countryCambodia
okr.region.geographicalSoutheast Asia
okr.region.geographicalAsia
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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