Scandinavian Working Papers in Economics
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European Instiute of Japanese Studies, Stockholm School of Economics EIJS Working Papers Series

No 209:

Fredrik Sjöholm () and Örjan Sjöberg ()

Abstract: Cambodia is facing the familiar problem of achieving sustained rates of economic growth that could help it alleviate widespread poverty. Against the background of some encouraging developments, and quite a few that are not equally reassuring, we argue that any push for development needs to consider both agriculture and industry. This is so as both labour absorption, primarily in secondary sector activities, and productivity growth in agriculture are necessary to lift large segments of the population out of the poverty associated with subsistence agriculture, landlessness and informal sector activities. Given that the major success story of the past decade, the garments and textile industry, is under threat, we conclude that Cambodia is yet to achieve an economic take off.

Keywords: Cambodia; economic development; agriculture; industry; (follow links to similar papers)

JEL-Codes: O13; O14; O53; (follow links to similar papers)

31 pages, April 1, 2005

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This paper is published as:
Sjöberg, Örjan and Fredrik Sjöholm, (2006), 'THE CAMBODIAN ECONOMY: READY FOR TAKE-OFF?', Pacific Review, Vol. 19, No. 4, pages 495-517

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