Seizing the Global Opportunity : Investment Climate Assessment and Reform Strategy for Cambodia

This report has been accepted as a key input to Cambodia's private sector development strategy following extensive consultations with the Royal Government of Cambodia, its development partners, and the private sector. It was prepared to help t...

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Bibliographic Details
Main Author: World Bank Group
Format: Investment Climate Assessment (ICA)
Language:English
en_US
Published: Washington, DC 2013
Subjects:
GDP
ITC
WTO
Online Access:http://documents.worldbank.org/curated/en/2004/08/5038795/cambodia-seizing-global-opportunity-investment-climate-assessment-reform-strategy-cambodia
http://hdl.handle.net/10986/15718
id okr-10986-15718
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic POLICY REFORM
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR PARTICIPATION
PRIVATE SECTOR PRODUCTIVITY
ECONOMIC DIVERSIFICATION
PUBLIC SECTOR DELIVERY
TRADE REGIME
EXPORT GROWTH
ECONOMIC OPPORTUNITIES
JOB CREATION
BUSINESS ENVIRONMENT
COMPETITIVENESS
INVESTMENT CLIMATE
INSTITUTIONAL ENVIRONMENT
PRIVATE PARTICIPATION IN INFRASTRUCTURE
BUSINESS INDICATORS
TRADE FACILITATION
MARKET INTEGRATION
PRIVATE VALUE
TRANSPARENCY REQUIREMENTS
CORRUPT PRACTICES
GOVERNMENT COMMITMENT
AGRO-INDUSTRY
GARMENT INDUSTRY
INFRASTRUCTURE PROJECTS
INSTITUTIONAL CAPACITY
PRODUCTIVITY GROWTH
POLITICAL ACCOUNTABILITY AGRICULTURE
BARRIERS TO ENTRY
BENCHMARKS
CENTRAL PLANNING
CLIMATE
COMPARATIVE ADVANTAGE
CUSTOMS
DEVELOPMENT STRATEGY
DOMESTIC ENTERPRISES
DOMESTIC MARKET
ECONOMETRICS
ECONOMIC EXCHANGE
ECONOMIC GROWTH
EFFECTIVE STRATEGY
EMPLOYMENT
EXPORT OPPORTUNITIES
EXPORTS
FAMILIES
FINANCIAL RESOURCES
FINANCIAL SECTOR
FISHERIES
FISHING
FORESTRY
GDP
GLOBAL ECONOMY
GLOBAL MARKETS
GROWTH PATH
HEALTH CARE
INEFFICIENCY
INFORMAL SECTOR
INTERNATIONAL COMPETITION
INTERNATIONAL MARKETS
INTERVENTION
INVESTMENT CLIMATE
ITC
LABOR FORCE
LABOR PRODUCTIVITY
LAWS
LIBERALIZING TRADE
LOCAL MARKETS
MACROECONOMIC STABILITY
MANAGERS
MARKET ACCESS
MARKETING
MEMBER COUNTRY
MINES
NATIONAL INCOME
PER CAPITA INCOME
POLICY REFORM
POLICY REFORMS
POPULATION GROWTH
POVERTY LINE
PRIVATE INVESTMENT
PRIVATE PROPERTY
PRIVATE SECTOR
PRODUCTIVE ASSETS
PRODUCTIVITY
PUBLIC SECTOR
PUBLIC SERVICES
REFORM PROGRAM
REGIONAL PROGRAM
SERVICE DELIVERY
SOCIAL CAPITAL
SOCIAL INSTITUTIONS
TECHNICAL BARRIERS
TELECOMMUNICATIONS
TOTAL FACTOR PRODUCTIVITY
TRADE FACILITATION
VALUE ADDED
VIOLENCE
WORKERS
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
spellingShingle POLICY REFORM
PRIVATE SECTOR DEVELOPMENT
PRIVATE SECTOR PARTICIPATION
PRIVATE SECTOR PRODUCTIVITY
ECONOMIC DIVERSIFICATION
PUBLIC SECTOR DELIVERY
TRADE REGIME
EXPORT GROWTH
ECONOMIC OPPORTUNITIES
JOB CREATION
BUSINESS ENVIRONMENT
COMPETITIVENESS
INVESTMENT CLIMATE
INSTITUTIONAL ENVIRONMENT
PRIVATE PARTICIPATION IN INFRASTRUCTURE
BUSINESS INDICATORS
TRADE FACILITATION
MARKET INTEGRATION
PRIVATE VALUE
TRANSPARENCY REQUIREMENTS
CORRUPT PRACTICES
GOVERNMENT COMMITMENT
AGRO-INDUSTRY
GARMENT INDUSTRY
INFRASTRUCTURE PROJECTS
INSTITUTIONAL CAPACITY
PRODUCTIVITY GROWTH
POLITICAL ACCOUNTABILITY AGRICULTURE
BARRIERS TO ENTRY
BENCHMARKS
CENTRAL PLANNING
CLIMATE
COMPARATIVE ADVANTAGE
CUSTOMS
DEVELOPMENT STRATEGY
DOMESTIC ENTERPRISES
DOMESTIC MARKET
ECONOMETRICS
ECONOMIC EXCHANGE
ECONOMIC GROWTH
EFFECTIVE STRATEGY
EMPLOYMENT
EXPORT OPPORTUNITIES
EXPORTS
FAMILIES
FINANCIAL RESOURCES
FINANCIAL SECTOR
FISHERIES
FISHING
FORESTRY
GDP
GLOBAL ECONOMY
GLOBAL MARKETS
GROWTH PATH
HEALTH CARE
INEFFICIENCY
INFORMAL SECTOR
INTERNATIONAL COMPETITION
INTERNATIONAL MARKETS
INTERVENTION
INVESTMENT CLIMATE
ITC
LABOR FORCE
LABOR PRODUCTIVITY
LAWS
LIBERALIZING TRADE
LOCAL MARKETS
MACROECONOMIC STABILITY
MANAGERS
MARKET ACCESS
MARKETING
MEMBER COUNTRY
MINES
NATIONAL INCOME
PER CAPITA INCOME
POLICY REFORM
POLICY REFORMS
POPULATION GROWTH
POVERTY LINE
PRIVATE INVESTMENT
PRIVATE PROPERTY
PRIVATE SECTOR
PRODUCTIVE ASSETS
PRODUCTIVITY
PUBLIC SECTOR
PUBLIC SERVICES
REFORM PROGRAM
REGIONAL PROGRAM
SERVICE DELIVERY
SOCIAL CAPITAL
SOCIAL INSTITUTIONS
TECHNICAL BARRIERS
TELECOMMUNICATIONS
TOTAL FACTOR PRODUCTIVITY
TRADE FACILITATION
VALUE ADDED
VIOLENCE
WORKERS
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
World Bank Group
Seizing the Global Opportunity : Investment Climate Assessment and Reform Strategy for Cambodia
geographic_facet East Asia and Pacific
Cambodia
description This report has been accepted as a key input to Cambodia's private sector development strategy following extensive consultations with the Royal Government of Cambodia, its development partners, and the private sector. It was prepared to help these stakeholders identify and prioritize policy reforms to achieve three related objectives: to enable the private sector to lead growth, to help diversify the economy, and to increase the role of the private sector in public service delivery. The report takes as its starting point Cambodia's pro- poor trade strategy, which recognizes that as a small country, exports are critical to expanding job opportunities. However, Cambodia's policymakers are aware that the export opportunities cannot be captured if firms face an uncompetitive domestic business environment. The report employs an investment climate survey of 800 urban, rural, and informal firms to identify how the policy and institutional environment impacts individual firms, and benchmarks the responses of Cambodian firms with those in China, Bangladesh, India and Pakistan. It builds on (a) Towards a Private Sector Strategy for Cambodia: Value Chain Analysis (2003); (b) a study of the policy and institutional environment for private participation in infrastructure; (c) the Bank's Doing Business indicators for Cambodia, attached as Annex IV; and (d) options for trade facilitation reform included in Chapter 5. A number of recommendations are proposed, with a particular focus on improving trade facilitation practices, integrating markets through institutions such as private value chains, and injecting competition and transparency in private participation in infrastructure. The most important reforms are questions of political will, and as such are facilitated as much by frank, factual discussion as by technical recommendations. The intent is also to contribute to the quality of discussion surrounding private sector development. particularly through the Government-Private Sector Forum.
format Economic & Sector Work :: Investment Climate Assessment (ICA)
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Seizing the Global Opportunity : Investment Climate Assessment and Reform Strategy for Cambodia
title_short Seizing the Global Opportunity : Investment Climate Assessment and Reform Strategy for Cambodia
title_full Seizing the Global Opportunity : Investment Climate Assessment and Reform Strategy for Cambodia
title_fullStr Seizing the Global Opportunity : Investment Climate Assessment and Reform Strategy for Cambodia
title_full_unstemmed Seizing the Global Opportunity : Investment Climate Assessment and Reform Strategy for Cambodia
title_sort seizing the global opportunity : investment climate assessment and reform strategy for cambodia
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/08/5038795/cambodia-seizing-global-opportunity-investment-climate-assessment-reform-strategy-cambodia
http://hdl.handle.net/10986/15718
_version_ 1764428840301494272
spelling okr-10986-157182021-04-23T14:03:18Z Seizing the Global Opportunity : Investment Climate Assessment and Reform Strategy for Cambodia World Bank Group POLICY REFORM PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR PARTICIPATION PRIVATE SECTOR PRODUCTIVITY ECONOMIC DIVERSIFICATION PUBLIC SECTOR DELIVERY TRADE REGIME EXPORT GROWTH ECONOMIC OPPORTUNITIES JOB CREATION BUSINESS ENVIRONMENT COMPETITIVENESS INVESTMENT CLIMATE INSTITUTIONAL ENVIRONMENT PRIVATE PARTICIPATION IN INFRASTRUCTURE BUSINESS INDICATORS TRADE FACILITATION MARKET INTEGRATION PRIVATE VALUE TRANSPARENCY REQUIREMENTS CORRUPT PRACTICES GOVERNMENT COMMITMENT AGRO-INDUSTRY GARMENT INDUSTRY INFRASTRUCTURE PROJECTS INSTITUTIONAL CAPACITY PRODUCTIVITY GROWTH POLITICAL ACCOUNTABILITY AGRICULTURE BARRIERS TO ENTRY BENCHMARKS CENTRAL PLANNING CLIMATE COMPARATIVE ADVANTAGE CUSTOMS DEVELOPMENT STRATEGY DOMESTIC ENTERPRISES DOMESTIC MARKET ECONOMETRICS ECONOMIC EXCHANGE ECONOMIC GROWTH EFFECTIVE STRATEGY EMPLOYMENT EXPORT OPPORTUNITIES EXPORTS FAMILIES FINANCIAL RESOURCES FINANCIAL SECTOR FISHERIES FISHING FORESTRY GDP GLOBAL ECONOMY GLOBAL MARKETS GROWTH PATH HEALTH CARE INEFFICIENCY INFORMAL SECTOR INTERNATIONAL COMPETITION INTERNATIONAL MARKETS INTERVENTION INVESTMENT CLIMATE ITC LABOR FORCE LABOR PRODUCTIVITY LAWS LIBERALIZING TRADE LOCAL MARKETS MACROECONOMIC STABILITY MANAGERS MARKET ACCESS MARKETING MEMBER COUNTRY MINES NATIONAL INCOME PER CAPITA INCOME POLICY REFORM POLICY REFORMS POPULATION GROWTH POVERTY LINE PRIVATE INVESTMENT PRIVATE PROPERTY PRIVATE SECTOR PRODUCTIVE ASSETS PRODUCTIVITY PUBLIC SECTOR PUBLIC SERVICES REFORM PROGRAM REGIONAL PROGRAM SERVICE DELIVERY SOCIAL CAPITAL SOCIAL INSTITUTIONS TECHNICAL BARRIERS TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRADE FACILITATION VALUE ADDED VIOLENCE WORKERS WORLD TRADE WORLD TRADE ORGANIZATION WTO This report has been accepted as a key input to Cambodia's private sector development strategy following extensive consultations with the Royal Government of Cambodia, its development partners, and the private sector. It was prepared to help these stakeholders identify and prioritize policy reforms to achieve three related objectives: to enable the private sector to lead growth, to help diversify the economy, and to increase the role of the private sector in public service delivery. The report takes as its starting point Cambodia's pro- poor trade strategy, which recognizes that as a small country, exports are critical to expanding job opportunities. However, Cambodia's policymakers are aware that the export opportunities cannot be captured if firms face an uncompetitive domestic business environment. The report employs an investment climate survey of 800 urban, rural, and informal firms to identify how the policy and institutional environment impacts individual firms, and benchmarks the responses of Cambodian firms with those in China, Bangladesh, India and Pakistan. It builds on (a) Towards a Private Sector Strategy for Cambodia: Value Chain Analysis (2003); (b) a study of the policy and institutional environment for private participation in infrastructure; (c) the Bank's Doing Business indicators for Cambodia, attached as Annex IV; and (d) options for trade facilitation reform included in Chapter 5. A number of recommendations are proposed, with a particular focus on improving trade facilitation practices, integrating markets through institutions such as private value chains, and injecting competition and transparency in private participation in infrastructure. The most important reforms are questions of political will, and as such are facilitated as much by frank, factual discussion as by technical recommendations. The intent is also to contribute to the quality of discussion surrounding private sector development. particularly through the Government-Private Sector Forum. 2013-09-09T19:47:07Z 2013-09-09T19:47:07Z 2004-08-12 http://documents.worldbank.org/curated/en/2004/08/5038795/cambodia-seizing-global-opportunity-investment-climate-assessment-reform-strategy-cambodia http://hdl.handle.net/10986/15718 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Investment Climate Assessment (ICA) Economic & Sector Work East Asia and Pacific Cambodia