Cambodia Economic Update, October 2017 : Cambodia Climbing Up the Manufacturing Value Chains
Growth remains robust, but is projected to ease slightly to 6.8 percent in 2017, comparedwith 7.0 percent in 2016. Exports of clothing and other textile products have moderated andthe construction sector is showing signs of easing. Offsetting decel...
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World Bank, Phnom Penh
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okr-10986-289292021-05-25T10:54:41Z Cambodia Economic Update, October 2017 : Cambodia Climbing Up the Manufacturing Value Chains World Bank Group TOURISM ECONOMIC GROWTH MANUFACTURING STRUCTURAL TRANSFORMATION POVERTY EXTERNAL TRADE MONETARY POLICY FISCAL TRENDS ECONOMIC OUTLOOK RISKS Growth remains robust, but is projected to ease slightly to 6.8 percent in 2017, comparedwith 7.0 percent in 2016. Exports of clothing and other textile products have moderated andthe construction sector is showing signs of easing. Offsetting deceleration in the exports ofclothing and other textile products, is the rising share of non-textile product exports, especiallythe exports of electrical machinery, equipment and auto parts, attracted by improvedconnectivity and access to a more reliable energy supply. Efforts to increase tourism potentialseem to be paying off with a marked increase in the arrival of foreign tourists. Real growthis projected to remain strong, expanding at 6.9 percent in 2018. The medium-term outlookremains positive, boosted by export diversification and underpinned by healthy inflows offoreign direct investment (FDI) and an improving global outlook. A possible slowdown ofthe regional economy, especially China, and potential election-related uncertainties posedownside risks to the outlook. 2017-12-01T20:57:48Z 2017-12-01T20:57:48Z 2017-10 Report http://documents.worldbank.org/curated/en/628341511277852360/Cambodia-economic-update-Cambodia-climbing-up-the-manufacturing-value-chains-October-2017 http://hdl.handle.net/10986/28929 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Phnom Penh Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work East Asia and Pacific Cambodia |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
TOURISM ECONOMIC GROWTH MANUFACTURING STRUCTURAL TRANSFORMATION POVERTY EXTERNAL TRADE MONETARY POLICY FISCAL TRENDS ECONOMIC OUTLOOK RISKS |
spellingShingle |
TOURISM ECONOMIC GROWTH MANUFACTURING STRUCTURAL TRANSFORMATION POVERTY EXTERNAL TRADE MONETARY POLICY FISCAL TRENDS ECONOMIC OUTLOOK RISKS World Bank Group Cambodia Economic Update, October 2017 : Cambodia Climbing Up the Manufacturing Value Chains |
geographic_facet |
East Asia and Pacific Cambodia |
description |
Growth remains robust, but is projected
to ease slightly to 6.8 percent in 2017, comparedwith 7.0
percent in 2016. Exports of clothing and other textile
products have moderated andthe construction sector is
showing signs of easing. Offsetting deceleration in the
exports ofclothing and other textile products, is the rising
share of non-textile product exports, especiallythe exports
of electrical machinery, equipment and auto parts, attracted
by improvedconnectivity and access to a more reliable energy
supply. Efforts to increase tourism potentialseem to be
paying off with a marked increase in the arrival of foreign
tourists. Real growthis projected to remain strong,
expanding at 6.9 percent in 2018. The medium-term
outlookremains positive, boosted by export diversification
and underpinned by healthy inflows offoreign direct
investment (FDI) and an improving global outlook. A possible
slowdown ofthe regional economy, especially China, and
potential election-related uncertainties posedownside risks
to the outlook. |
format |
Report |
author |
World Bank Group |
author_facet |
World Bank Group |
author_sort |
World Bank Group |
title |
Cambodia Economic Update, October 2017 : Cambodia Climbing Up the Manufacturing Value Chains |
title_short |
Cambodia Economic Update, October 2017 : Cambodia Climbing Up the Manufacturing Value Chains |
title_full |
Cambodia Economic Update, October 2017 : Cambodia Climbing Up the Manufacturing Value Chains |
title_fullStr |
Cambodia Economic Update, October 2017 : Cambodia Climbing Up the Manufacturing Value Chains |
title_full_unstemmed |
Cambodia Economic Update, October 2017 : Cambodia Climbing Up the Manufacturing Value Chains |
title_sort |
cambodia economic update, october 2017 : cambodia climbing up the manufacturing value chains |
publisher |
World Bank, Phnom Penh |
publishDate |
2017 |
url |
http://documents.worldbank.org/curated/en/628341511277852360/Cambodia-economic-update-Cambodia-climbing-up-the-manufacturing-value-chains-October-2017 http://hdl.handle.net/10986/28929 |
_version_ |
1764468104249737216 |