Cambodia Economic Update, October 2015 : Adapting to Stay Competitive

Robust GDP growth continues, and real growth for 2014 has been revised up by the authorities to 7.1 percent from an earlier estimate of 7.0 percent. Strong domestic demand, boosted by a construction boom and accommodated by high domestic credit growth, helps offset the moderation in export growth with the slowdown of the garment, tourism and agriculture sectors observed in the first half of 2015. As an oil importer, the country benefits from the slump in oil prices, contributing to savings on petroleum imports. In this setting, growth is projected to ease slightly, to 6.9 percent in 2015. Downside risks to this outlook include potential renewed labor discontent, further appreciation of the US dollar, a delay in economic recovery in Europe, and a hard landing of the Chinese economy.

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Bibliographic Details
Main Author: World Bank Group
Format: Report biblioteca
Language:English
en_US
Published: World Bank, Phnom Penh 2015-10
Subjects:TARIFFS, MONETARY POLICY, DEFICIT, RISKS, CAPITAL MARKETS, REGULATORY FRAMEWORK, GOVERNMENT EXPENDITURES, ECONOMIC GROWTH, EQUIPMENT, PROFIT MARGINS, DEPOSITS, BROAD MONEY, PRODUCTION, POLICY ENVIRONMENT, INCOME, INTEREST, AGRICULTURAL PRODUCTION, PRODUCERS, INTEREST RATE, RESOURCE MANAGEMENT, REAL GDP, EXCHANGE, ECONOMIC DEVELOPMENTS, BOND SPREADS, LABOR FORCE, LIQUIDITY, EXPORTS, REVENUES, FISCAL POLICY, TIME CONSTRAINTS, INPUTS, PAYMENTS, ITC, FREE TRADE, INFLATION, DEVELOPED COUNTRIES, CENTRAL BANK, DEVELOPMENT, MACROECONOMIC STABILITY, TRADE BALANCE, OIL PRICES, COSTS, LABOR COSTS, OIL, CURRENCY, INPUT USE, EXPORT GROWTH, CORPORATE INCOME TAXES, MONEY, CAPITAL FORMATION, EXCHANGE RATES, PRODUCTIVITY, INTEREST RATES, LABOR PRODUCTIVITY, INDUSTRIALIZATION, MONOPOLY, MARKETS, DEBT, ALLOCATIVE EFFICIENCY, RETURN, FORESTRY, TRADE POLICY, DIRECT INVESTMENT, RESERVES, AVERAGING, SUBSIDIES, FINANCE, EFFICIENCY, BANK DEPOSITS, TAXES, BANKING SECTOR, FISCAL DEFICIT, EXPENDITURE, RESOURCES, INCOME TAXES, PRODUCTIVITY GROWTH, CONSUMPTION, GROSS FIXED CAPITAL FORMATION, VALUE ADDED, GROSS MARGIN, CAPITAL, WAGES, PROPERTY TAXES, PRIVATE SECTOR CREDIT, VALUES, PRODUCTIVITY INCREASES, FINANCIAL CRISIS, FUTURE, VALUE, COMPETITIVENESS, FOREIGN DIRECT INVESTMENT, CREDIT, FIXED CAPITAL, MACROECONOMICS, DEMAND, ECONOMY, DISBURSEMENTS, AGRICULTURE, EXPENDITURES, PROPERTY, CURRENT ACCOUNT DEFICIT, TRANSACTION COSTS, MARKET, ENVIRONMENT, MARKET COMPETITION, FISHERIES, CURRENCIES, ECONOMIC DEVELOPMENT, TRADE, ECONOMIC INTEGRATION, GDP, GOODS, LAND, LAND PRODUCTIVITY, ECONOMIES OF SCALE, DURABLE, GROWTH RATE, NATIONAL BANK, ECONOMIC EXPANSION, INVESTMENT, TRADE TAXES, BOND, DOMESTIC CREDIT, SHARE, COAL, FARMS, CAPITAL INFLOWS, REVENUE, CAPITAL GROWTH, RISK MANAGEMENT, CONSUMER PRICE INDEX, CREDIT GROWTH, BANKING SUPERVISION, INTERMEDIATE INPUTS, PROFITS, ENVIRONMENTAL, FINANCIAL SECTOR, PUBLIC GOOD, COST ANALYSIS, PRICES, GUARANTEE, PRODUCTION COSTS, ECONOMIC CONDITIONS, ECONOMIES, DEVELOPMENT POLICY, PUBLIC GOODS,
Online Access:http://documents.worldbank.org/curated/en/2015/10/25225676/adapting-stay-competitive-cambodia-economic-update
http://hdl.handle.net/10986/22934
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