Cambodia Services Trade : Performance and Regulatory Framework Assessment

As a result of a determined regulatory reform process and an economic modernization process over the past two decades, Cambodia has experienced extraordinary economic growth. In 2004, Cambodia became the first low-income country to join the World T...

Full description

Bibliographic Details
Main Author: World Bank Group
Format: Foreign Trade, FDI, and Capital Flows Study
Language:English
en_US
Published: Phnom Penh 2014
Subjects:
ICT
Online Access:http://documents.worldbank.org/curated/en/2014/07/20271923/cambodia-services-trade-performance-regulatory-framework-assessment
http://hdl.handle.net/10986/20759
id okr-10986-20759
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 ACCESS TO INFORMATION
ACCOUNTABILITY
ACCOUNTING
AGENTS
ANTI-COMPETITIVE PRACTICES
ANTI-CORRUPTION
AUDITORS
BUSINESS CLIMATE
BUSINESS ENVIRONMENT
BUSINESS SERVICES
CITIZENS
CIVIL SOCIETY
COLLABORATION
COMMUNICATIONS TECHNOLOGY
COMPETITION LAW
COMPETITION POLICY
COMPETITIVE PRACTICES
CONFIDENCE
COPYRIGHT
CORRUPTION
CORRUPTION LAW
DECISION MAKING
DECISION-MAKING
DIRECT INVESTMENT
ECONOMIC CONDITIONS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
ECONOMIC REFORM
EDUCATIONAL INSTITUTIONS
EDUCATIONAL RESOURCES
EMPLOYMENT
ENGINEERING SERVICES
ENTREPRENEURSHIP
FACTOR ENDOWMENTS
FINANCIAL SERVICES
FOREIGN INVESTORS
GLOBAL KNOWLEDGE
GOOD GOVERNANCE
GOVERNANCE INDICATORS
GOVERNMENT EFFECTIVENESS
GOVERNMENT OFFICIALS
GROWTH RATE
HIGHER EDUCATION INSTITUTIONS
HUMAN RESOURCE
ICT
IMPROVING GOVERNANCE
INCOME
INDUSTRIAL DEVELOPMENT
INFORMATION TECHNOLOGY
INITIATIVE
INSTITUTIONAL CAPACITY
INSTITUTIONAL DEVELOPMENT
INSTITUTIONAL ENVIRONMENT
INSTITUTIONAL FRAMEWORK
INSTITUTIONAL QUALITY
INSURANCE
INTERNAL ACCOUNTABILITY
INTERNATIONAL DEVELOPMENT
INTERNATIONAL TRADE
INTERNET ACCESS
INTERNET CONNECTIVITY
JOURNALS
KNOW-HOW
KNOWLEDGE ECONOMY
LABOR MARKETS
LAND USE
LAWS
LEADERSHIP
LEGAL FRAMEWORK
LEGISLATION
LIABILITY
LICENSING
MINISTERS
MONOPOLY
NOW ACCOUNTS
PARLIAMENT
PATENTS
PENSIONS
PER CAPITA INCOME
POLICY IMPLICATIONS
POLICY INTERVENTION
POOR GOVERNANCE
POSTAL SERVICES
PREFERENTIAL
PREFERENTIAL TREATMENT
PRIME MINISTER
PRIVATE SECTOR DEVELOPMENT
PRODUCTIVITY
PROGRAMS
PUBLIC POLICIES
PUBLIC POLICY
PUBLISHING
RADIO
REGULATORY AGENCIES
REGULATORY FRAMEWORK
REGULATORY INSTITUTIONS
REGULATORY OBJECTIVES
REGULATORY PRINCIPLES
REGULATORY PROGRAMS
REGULATORY QUALITY
REGULATORY REFORM
REGULATORY REGIME
REGULATORY REQUIREMENTS
RESEARCH CENTERS
RULE OF LAW
SOCIAL POLICIES
SOCIAL SERVICES
STATE GOVERNMENTS
SUBSIDIARY
TAXATION
TELECOM INFRASTRUCTURE
TELECOM SECTOR
TELECOM SERVICES
TELECOMMUNICATION
TELECOMMUNICATION REFORM
TELECOMMUNICATION SECTOR
TELECOMMUNICATION SERVICES
TELECOMMUNICATIONS
TELECOMMUNICATIONS INFRASTRUCTURE
TELECOMMUNICATIONS NETWORKS
TELECOMMUNICATIONS SECTOR
TELECOMMUNICATIONS SERVICES
TELECOMS
TELECOMS LAW
TELEPHONY
TELEVISION
TRADE FLOWS
TRAINING CENTERS
TRAINING PROGRAMS
TRANSPARENCY
TRANSPARENCY MECHANISMS
TRANSPORT
spellingShingle ACCESS TO INFORMATION
ACCOUNTABILITY
ACCOUNTING
AGENTS
ANTI-COMPETITIVE PRACTICES
ANTI-CORRUPTION
AUDITORS
BUSINESS CLIMATE
BUSINESS ENVIRONMENT
BUSINESS SERVICES
CITIZENS
CIVIL SOCIETY
COLLABORATION
COMMUNICATIONS TECHNOLOGY
COMPETITION LAW
COMPETITION POLICY
COMPETITIVE PRACTICES
CONFIDENCE
COPYRIGHT
CORRUPTION
CORRUPTION LAW
DECISION MAKING
DECISION-MAKING
DIRECT INVESTMENT
ECONOMIC CONDITIONS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
ECONOMIC REFORM
EDUCATIONAL INSTITUTIONS
EDUCATIONAL RESOURCES
EMPLOYMENT
ENGINEERING SERVICES
ENTREPRENEURSHIP
FACTOR ENDOWMENTS
FINANCIAL SERVICES
FOREIGN INVESTORS
GLOBAL KNOWLEDGE
GOOD GOVERNANCE
GOVERNANCE INDICATORS
GOVERNMENT EFFECTIVENESS
GOVERNMENT OFFICIALS
GROWTH RATE
HIGHER EDUCATION INSTITUTIONS
HUMAN RESOURCE
ICT
IMPROVING GOVERNANCE
INCOME
INDUSTRIAL DEVELOPMENT
INFORMATION TECHNOLOGY
INITIATIVE
INSTITUTIONAL CAPACITY
INSTITUTIONAL DEVELOPMENT
INSTITUTIONAL ENVIRONMENT
INSTITUTIONAL FRAMEWORK
INSTITUTIONAL QUALITY
INSURANCE
INTERNAL ACCOUNTABILITY
INTERNATIONAL DEVELOPMENT
INTERNATIONAL TRADE
INTERNET ACCESS
INTERNET CONNECTIVITY
JOURNALS
KNOW-HOW
KNOWLEDGE ECONOMY
LABOR MARKETS
LAND USE
LAWS
LEADERSHIP
LEGAL FRAMEWORK
LEGISLATION
LIABILITY
LICENSING
MINISTERS
MONOPOLY
NOW ACCOUNTS
PARLIAMENT
PATENTS
PENSIONS
PER CAPITA INCOME
POLICY IMPLICATIONS
POLICY INTERVENTION
POOR GOVERNANCE
POSTAL SERVICES
PREFERENTIAL
PREFERENTIAL TREATMENT
PRIME MINISTER
PRIVATE SECTOR DEVELOPMENT
PRODUCTIVITY
PROGRAMS
PUBLIC POLICIES
PUBLIC POLICY
PUBLISHING
RADIO
REGULATORY AGENCIES
REGULATORY FRAMEWORK
REGULATORY INSTITUTIONS
REGULATORY OBJECTIVES
REGULATORY PRINCIPLES
REGULATORY PROGRAMS
REGULATORY QUALITY
REGULATORY REFORM
REGULATORY REGIME
REGULATORY REQUIREMENTS
RESEARCH CENTERS
RULE OF LAW
SOCIAL POLICIES
SOCIAL SERVICES
STATE GOVERNMENTS
SUBSIDIARY
TAXATION
TELECOM INFRASTRUCTURE
TELECOM SECTOR
TELECOM SERVICES
TELECOMMUNICATION
TELECOMMUNICATION REFORM
TELECOMMUNICATION SECTOR
TELECOMMUNICATION SERVICES
TELECOMMUNICATIONS
TELECOMMUNICATIONS INFRASTRUCTURE
TELECOMMUNICATIONS NETWORKS
TELECOMMUNICATIONS SECTOR
TELECOMMUNICATIONS SERVICES
TELECOMS
TELECOMS LAW
TELEPHONY
TELEVISION
TRADE FLOWS
TRAINING CENTERS
TRAINING PROGRAMS
TRANSPARENCY
TRANSPARENCY MECHANISMS
TRANSPORT
World Bank Group
Cambodia Services Trade : Performance and Regulatory Framework Assessment
geographic_facet East Asia and Pacific
Cambodia
description As a result of a determined regulatory reform process and an economic modernization process over the past two decades, Cambodia has experienced extraordinary economic growth. In 2004, Cambodia became the first low-income country to join the World Trade Organization (WTO). Since then, Cambodia has grown to become one of East Asia s most open economies, especially in the services sector. Cambodia s impressive economic growth owes much of its driving force to the boom in services trade. Services exports grew more than 20 percent a year for most of the past decade led by a rapid expansion in tourism. Foreign direct investment (FDI) particularly in tourism, construction, infrastructure, agro-processing, and telecommunications also supported the expansion of services trade, not only by attracting foreign capital and expanding employment into Cambodia, but also by improving domestic technology and enhancing domestic skills. Cambodia is quickly becoming a sophisticated economy that needs to move beyond the pillars of textiles and tourism exports by diversifying into the export of modern services. Cambodian firms are already tentatively exporting some niche services such as computer-based animation. Modern services exports to other East Asian countries, including information technology (IT)-related services, are likely to play a more important role in Cambodia as a source of employment, revenue, and investment. In the regional context, Cambodia stands to benefit from its chairmanship of the Association of Southeast Asian Nations (ASEAN), by showcasing its economic reform and modernization process, and increasing the potential to attract investments from services firms interested in serving the region as whole. Cambodia should act quickly to address potential competition from other least-developed (LDC) and developing countries across the regions that are also expanding their services industries.
format Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Cambodia Services Trade : Performance and Regulatory Framework Assessment
title_short Cambodia Services Trade : Performance and Regulatory Framework Assessment
title_full Cambodia Services Trade : Performance and Regulatory Framework Assessment
title_fullStr Cambodia Services Trade : Performance and Regulatory Framework Assessment
title_full_unstemmed Cambodia Services Trade : Performance and Regulatory Framework Assessment
title_sort cambodia services trade : performance and regulatory framework assessment
publisher Phnom Penh
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/07/20271923/cambodia-services-trade-performance-regulatory-framework-assessment
http://hdl.handle.net/10986/20759
_version_ 1764445946411745280
spelling okr-10986-207592021-04-23T14:03:56Z Cambodia Services Trade : Performance and Regulatory Framework Assessment World Bank Group ACCESS TO INFORMATION ACCOUNTABILITY ACCOUNTING AGENTS ANTI-COMPETITIVE PRACTICES ANTI-CORRUPTION AUDITORS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS SERVICES CITIZENS CIVIL SOCIETY COLLABORATION COMMUNICATIONS TECHNOLOGY COMPETITION LAW COMPETITION POLICY COMPETITIVE PRACTICES CONFIDENCE COPYRIGHT CORRUPTION CORRUPTION LAW DECISION MAKING DECISION-MAKING DIRECT INVESTMENT ECONOMIC CONDITIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC REFORM EDUCATIONAL INSTITUTIONS EDUCATIONAL RESOURCES EMPLOYMENT ENGINEERING SERVICES ENTREPRENEURSHIP FACTOR ENDOWMENTS FINANCIAL SERVICES FOREIGN INVESTORS GLOBAL KNOWLEDGE GOOD GOVERNANCE GOVERNANCE INDICATORS GOVERNMENT EFFECTIVENESS GOVERNMENT OFFICIALS GROWTH RATE HIGHER EDUCATION INSTITUTIONS HUMAN RESOURCE ICT IMPROVING GOVERNANCE INCOME INDUSTRIAL DEVELOPMENT INFORMATION TECHNOLOGY INITIATIVE INSTITUTIONAL CAPACITY INSTITUTIONAL DEVELOPMENT INSTITUTIONAL ENVIRONMENT INSTITUTIONAL FRAMEWORK INSTITUTIONAL QUALITY INSURANCE INTERNAL ACCOUNTABILITY INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE INTERNET ACCESS INTERNET CONNECTIVITY JOURNALS KNOW-HOW KNOWLEDGE ECONOMY LABOR MARKETS LAND USE LAWS LEADERSHIP LEGAL FRAMEWORK LEGISLATION LIABILITY LICENSING MINISTERS MONOPOLY NOW ACCOUNTS PARLIAMENT PATENTS PENSIONS PER CAPITA INCOME POLICY IMPLICATIONS POLICY INTERVENTION POOR GOVERNANCE POSTAL SERVICES PREFERENTIAL PREFERENTIAL TREATMENT PRIME MINISTER PRIVATE SECTOR DEVELOPMENT PRODUCTIVITY PROGRAMS PUBLIC POLICIES PUBLIC POLICY PUBLISHING RADIO REGULATORY AGENCIES REGULATORY FRAMEWORK REGULATORY INSTITUTIONS REGULATORY OBJECTIVES REGULATORY PRINCIPLES REGULATORY PROGRAMS REGULATORY QUALITY REGULATORY REFORM REGULATORY REGIME REGULATORY REQUIREMENTS RESEARCH CENTERS RULE OF LAW SOCIAL POLICIES SOCIAL SERVICES STATE GOVERNMENTS SUBSIDIARY TAXATION TELECOM INFRASTRUCTURE TELECOM SECTOR TELECOM SERVICES TELECOMMUNICATION TELECOMMUNICATION REFORM TELECOMMUNICATION SECTOR TELECOMMUNICATION SERVICES TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TELECOMMUNICATIONS NETWORKS TELECOMMUNICATIONS SECTOR TELECOMMUNICATIONS SERVICES TELECOMS TELECOMS LAW TELEPHONY TELEVISION TRADE FLOWS TRAINING CENTERS TRAINING PROGRAMS TRANSPARENCY TRANSPARENCY MECHANISMS TRANSPORT As a result of a determined regulatory reform process and an economic modernization process over the past two decades, Cambodia has experienced extraordinary economic growth. In 2004, Cambodia became the first low-income country to join the World Trade Organization (WTO). Since then, Cambodia has grown to become one of East Asia s most open economies, especially in the services sector. Cambodia s impressive economic growth owes much of its driving force to the boom in services trade. Services exports grew more than 20 percent a year for most of the past decade led by a rapid expansion in tourism. Foreign direct investment (FDI) particularly in tourism, construction, infrastructure, agro-processing, and telecommunications also supported the expansion of services trade, not only by attracting foreign capital and expanding employment into Cambodia, but also by improving domestic technology and enhancing domestic skills. Cambodia is quickly becoming a sophisticated economy that needs to move beyond the pillars of textiles and tourism exports by diversifying into the export of modern services. Cambodian firms are already tentatively exporting some niche services such as computer-based animation. Modern services exports to other East Asian countries, including information technology (IT)-related services, are likely to play a more important role in Cambodia as a source of employment, revenue, and investment. In the regional context, Cambodia stands to benefit from its chairmanship of the Association of Southeast Asian Nations (ASEAN), by showcasing its economic reform and modernization process, and increasing the potential to attract investments from services firms interested in serving the region as whole. Cambodia should act quickly to address potential competition from other least-developed (LDC) and developing countries across the regions that are also expanding their services industries. 2014-12-17T18:08:00Z 2014-12-17T18:08:00Z 2014-07 http://documents.worldbank.org/curated/en/2014/07/20271923/cambodia-services-trade-performance-regulatory-framework-assessment http://hdl.handle.net/10986/20759 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Phnom Penh Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study East Asia and Pacific Cambodia