Economic History of Industrialization in Cambodia

Sokty Chhair and Luyna Ung

No wp-2013-134, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The industrialization which started in 1953 had been completely disrupted by the chronic civil war and closed-door policy of successive communism/socialism regimes. Since 1993 Cambodia has embraced a market economy heavily dependent on foreign capital and foreign markets. As a result, the economy has experienced high economic growth rate yet with low linkage to domestic economy. The government's Rice Export Policy introduced in 2010 to diversify its economy, maximize its value added and job creation was highly evaluated to bring those benefits under the environment of weak governance.

Keywords: Industrial; policy (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)

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