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...
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Format: | Foreign Trade, FDI, and Capital Flows Study |
Language: | English en_US |
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Phnom Penh
2014
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Online Access: | http://documents.worldbank.org/curated/en/2014/07/20271923/cambodia-services-trade-performance-regulatory-framework-assessment http://hdl.handle.net/10986/20759 |
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okr-10986-20759 |
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recordtype |
oai_dc |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
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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 |