Cambodia 1998-2008
An Episode Of Rapid Growth
Bibliographic Data
| ID | 23529385 |
|---|---|
| Authors | Stephane Guimbert (corresponding author) |
| Year | 2010 |
| Publication date | 2010-04-01 |
| Open Access | No |
| Type | BOOK |
| Publisher | World Bank (PUBLISHER) |
| DOI | 10.1596/1813-9450-5271 |
| OpenAlex | W2125012920 |
| Language | EN |
| Citations received | 4 |
Cambodia's growth over 1998-2008 \n has been remarkable (almost 10 percent per annum for a \n decade). This paper applies a "growth diagnostic" \n approach to understand how this happened and how it can be \n sustained. Past growth has been driven by the coincidence of \n a set of historical and geographic factors (including \n opportunistic policy responses), together with the use of \n natural assets (although in a non sustainable way) and the \n elaboration of productive sector-specific governance \n arrangements. Several of these factors are unfortunately not \n self-sustaining and the global economic crisis of 2008-09 is \n exposing these vulnerabilities. A growth diagnostic flags a \n number of short-term priorities to ensure the \n competitiveness of existing industries, as well as more \n medium-term priorities for the country to continue \n attracting foreign investment and start mobilizing more \n domestic savings. A key economic policy objective is the \n diversification of the economy, which requires a reduction \n in unproductive risks and costs as well as creative \n solutions to coordination failures.
Cambodian History and Society · History · Italy: Economic History and Contemporary Issues
| Citations per year | 0.29 |
|---|---|
| Citation span | 2012 - 2015 (4) |
| Highly cited | No |