Is the future economic growth of Cambodia on the right track?
The continued economic growth of Cambodia draws various theoretical opinions and forecasts from well educated people or so-called experts but do they have any effect?
The continued economic growth of Cambodia draws various theoretical opinions and forecasts from well educated people or so-called experts but do they have any effect?
Cambodia is among the fastest growing countries on the planet and hasn’t faced a recession for nearly three decades.
The extended trade war between the US and China is likely to deal a blow to the world economy particularly the Chinese economy but it is set to be a boon to the Asean region.
Within the context of looming economic pressures by the EU, analysts have drawn quick conclusions that Cambodia’s economy is going to collapse.
The dust had barely settled when the Cambodian government, revelling in its majority win for a renewed mandate, felt the blow from the European Union over its alleged general election manouvre to oust its opposition.
EBA status allows the world’s poorest countries to sell any goods tariff-free to EU nations, except weapons. About 48 countries are EBA beneficiaries including Myanmar, Lao PDR, Bangladesh, Nepal, and Timor-Leste.