Cambodia Economic Update, April 2018 : Recent Economic Developments and Outlook

While the economy continues to expand rapidly in Cambodia, real GDP growth eased to 6.8percent in 2017 from 7 percent in 2016. Cambodia therefore bucked the regional trend, asmost developing countries in East Asia experienced a growth acceleration...

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Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Phnom Penh 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/740941525786311189/Cambodia-economic-update-recent-economic-developments-and-outlook
http://hdl.handle.net/10986/29811
id okr-10986-29811
recordtype oai_dc
spelling okr-10986-298112021-05-25T09:52:17Z Cambodia Economic Update, April 2018 : Recent Economic Developments and Outlook World Bank Group ECONOMIC GROWTH ECONOMIC OUTLOOK TECHNICAL AND VOCATIONAL EDUCATION POVERTY MONETARY POLICY FISCAL TRENDS GENERALIZED SYSTEM OF PREFERENCES JOB CREATION LABOR FORCE PARTICIPATION FOREIGN DIRECT INVESTMENT TRADE While the economy continues to expand rapidly in Cambodia, real GDP growth eased to 6.8percent in 2017 from 7 percent in 2016. Cambodia therefore bucked the regional trend, asmost developing countries in East Asia experienced a growth acceleration in 2017. Followingsome moderation during the first half of 2017, textile and apparel exports rebounded. Thetourism and agriculture sectors experienced initial recovery in the last few years after facinggradual moderation. Growth is projected to remain robust, expanding at 6.9 percent in 2018.Downside risks to the outlook include erosion of export competitiveness due to rapidly risingreal wages, a buildup of vulnerabilities from a prolonged real estate and construction boom,potential election-related uncertainty, and periodic jolts to the international trade order inthe form of protectionism and escalating trade disputes. This edition of Cambodia economic update is focusing on findings of future jobs in Cambodia. 2018-05-14T20:52:16Z 2018-05-14T20:52:16Z 2018-04 Report http://documents.worldbank.org/curated/en/740941525786311189/Cambodia-economic-update-recent-economic-developments-and-outlook http://hdl.handle.net/10986/29811 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 ECONOMIC GROWTH
ECONOMIC OUTLOOK
TECHNICAL AND VOCATIONAL EDUCATION
POVERTY
MONETARY POLICY
FISCAL TRENDS
GENERALIZED SYSTEM OF PREFERENCES
JOB CREATION
LABOR FORCE PARTICIPATION
FOREIGN DIRECT INVESTMENT
TRADE
spellingShingle ECONOMIC GROWTH
ECONOMIC OUTLOOK
TECHNICAL AND VOCATIONAL EDUCATION
POVERTY
MONETARY POLICY
FISCAL TRENDS
GENERALIZED SYSTEM OF PREFERENCES
JOB CREATION
LABOR FORCE PARTICIPATION
FOREIGN DIRECT INVESTMENT
TRADE
World Bank Group
Cambodia Economic Update, April 2018 : Recent Economic Developments and Outlook
geographic_facet East Asia and Pacific
Cambodia
description While the economy continues to expand rapidly in Cambodia, real GDP growth eased to 6.8percent in 2017 from 7 percent in 2016. Cambodia therefore bucked the regional trend, asmost developing countries in East Asia experienced a growth acceleration in 2017. Followingsome moderation during the first half of 2017, textile and apparel exports rebounded. Thetourism and agriculture sectors experienced initial recovery in the last few years after facinggradual moderation. Growth is projected to remain robust, expanding at 6.9 percent in 2018.Downside risks to the outlook include erosion of export competitiveness due to rapidly risingreal wages, a buildup of vulnerabilities from a prolonged real estate and construction boom,potential election-related uncertainty, and periodic jolts to the international trade order inthe form of protectionism and escalating trade disputes. This edition of Cambodia economic update is focusing on findings of future jobs in Cambodia.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Cambodia Economic Update, April 2018 : Recent Economic Developments and Outlook
title_short Cambodia Economic Update, April 2018 : Recent Economic Developments and Outlook
title_full Cambodia Economic Update, April 2018 : Recent Economic Developments and Outlook
title_fullStr Cambodia Economic Update, April 2018 : Recent Economic Developments and Outlook
title_full_unstemmed Cambodia Economic Update, April 2018 : Recent Economic Developments and Outlook
title_sort cambodia economic update, april 2018 : recent economic developments and outlook
publisher World Bank, Phnom Penh
publishDate 2018
url http://documents.worldbank.org/curated/en/740941525786311189/Cambodia-economic-update-recent-economic-developments-and-outlook
http://hdl.handle.net/10986/29811
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