Cambodia Diversifying Beyond Garments and Tourism
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Cambodia Diversifying Beyond Garments and Tourism

SKU: 9789292548087

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Additional information

Full Title

Cambodia Diversifying Beyond Garments and Tourism
Author(s)

Asian Development Bank
Edition
ISBN

9789292548087, 9789292548070
Publisher

Asian Development Bank
Format

PDF and EPUB

Description

Cambodia has enjoyed over two decades of robust growth, with rising foreign investment and deepening integration into global and regional value chains. The country—once riven by civil war and conflict—is now politically stable and increasingly making its mark as the world’s eighth-largest rice producer, Asia’s 10th largest garment exporter, and a rising tourist destination. Yet Cambodia faces considerable challenges. It suffers from major infrastructure deficits; limited skills development and education quality; and weaknesses in governance. Fiscal resources are also stretched. Moreover, for a successful transition to a modern industrialized economy, Cambodia needs to diversify and upgrade its productive capabilities. This publication examines the opportunities and the challenges, and offers recommendations for long-term socioeconomic strategy.

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