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.
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Paper provided by The European Institute of Japanese Studies in its series EIJS Working Paper Series with number
209.
Length: 31 pages Date of creation: 01 Apr 2005 Date of revision: Publication status: Published in Pacific Review, 2006, pages 495-517. Handle: RePEc:hhs:eijswp:0209
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Find related papers by JEL classification: O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
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