Cambodia: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2004 Issue 331

Publication date: October 2004

ISBN: 9781451821789

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , bottom , Cambodia , foreign direct investment , FDI approval , FDI inflow , flows in Cambodia , CDC investment approval data , inequality poverty decomposition , Gasoline , Aid flows , Exports , Legal support in revenue administration , Oil , Asia and Pacific , Global , South America , Middle East , Western Hemisphere , Sub-Saharan Africa

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Summary

This Selected Issues paper for Cambodia explores the implications for long-term sustainable growth from cross-country analysis of the sources of growth. Cambodia’s low labor productivity, inadequate and expensive infrastructure, and a cumbersome regulatory environment do not bode well for future sustainable growth. Favorable external conditions, including foreign aid flows and trade agreements, have helped propel growth. As with other transition economies, Cambodia lags in institutional and market development. Cambodia has also benefited from large aid inflows, which have boosted economic activity.