Cambodia: 2023 Article IV Consultation-Press Release; and Staff Report
Electronic Access:
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Summary:
Cambodia has experienced rapid growth over the past decade, outpacing many regional peers. Growth was driven by industrialization, increased foreign direct investment, and a surge in exports, particularly in labor-intensive manufacturing. The economy underwent significant structural shifts and has made strides in poverty reduction. However, the COVID-19 pandemic caused significant setbacks and may have left longer-term scarring. The challenges ahead are to sustain inclusive growth, diversify exports, and navigate potential headwinds from China's slowing growth.
Series:
Country Report No. 2024/036
Subject:
International organization Monetary policy
Frequency:
regular
English
Publication Date:
January 31, 2024
ISBN/ISSN:
9798400267727/1934-7685
Stock No:
1KHMEA2024001
Format:
Paper
Pages:
112
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