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Economic History of Industrialization in Cambodia

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  • Sokty Chhair
  • Luyna Ung

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.

Suggested Citation

  • Sokty Chhair & Luyna Ung, 2013. "Economic History of Industrialization in Cambodia," WIDER Working Paper Series wp-2013-134, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2013-134
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    File URL: https://www.wider.unu.edu/sites/default/files/WP2013-134.pdf
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    References listed on IDEAS

    as
    1. World Bank, 2009. "Cambodia - A Better Investment Climate to Sustain Growth : Second Investment Climate Assessment," World Bank Publications - Reports 3141, The World Bank Group.
    2. Ear, Sophal, 2009. "Sowing and sewing growth: The political economy of rice and garments in Cambodia," MPRA Paper 21200, University Library of Munich, Germany.
    3. Slocomb, Margaret, 2010. "An Economic History of Cambodia in the Twentieth Century," University of Chicago Press Economics Books, University of Chicago Press, number 9789971694999, October.
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    Cited by:

    1. Tanaka, Kiyoyasu, 2017. "Trade and investment in Cambodia," IDE Discussion Papers 667, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    2. Martin Rudbeck Jepsen & Matilda Palm & Thilde Bech Bruun, 2019. "What Awaits Myanmar’s Uplands Farmers? Lessons Learned from Mainland Southeast Asia," Land, MDPI, vol. 8(2), pages 1-23, February.

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    Keywords

    Industrial policy;

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