Download or read book Financial Sector Development Strategy 2011 2020 Cambodia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2012-08-01 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: With a rapidly growing commercial economy that requires a sound financial system to sustain growth, Cambodia is committed to the long-term development of the financial sector, channeling financial resources to productive investments, and managing the inherent risks to achieve sustainable economic growth over the long term and contribute to poverty reduction. Financial Sector Development Strategy 2011–2020 reflects Cambodia’s achievements to date, provides an assessment of current challenges and constraints to financial sector development, the long-term goals, and a prioritized set of action plans for the next decade. Said strategy will enable Cambodia’s financial sector to integrate into the regional financial system and support her long-term economic development agenda.
Download or read book Financial Sector Operational Plan written by Asian Development Bank and published by Asian Development Bank. This book was released on 2011-05-01 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asian Development Bank (ADB) issued its long-term strategic framework, Strategy 2020, in April 2008 to guide its operations to meet the changing assistance needs of its developing members. The strategy identified financial sector development as one of the five focal areas of ADB's operations through 2020. This Financial Sector Operational Plan aims to articulate the financial sector agendas of Strategy 2020 and guide its implementation by ADB.
Download or read book Effective Market Access for Least Developed Countries Services Exports Case Study on Utilizing the World Trade Organization Services Waiver in Cambodia written by United Nations Conference on Trade and Development (UNCTAD) and published by United Nations. This book was released on 2020-06-29 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The LDC Waiver is a legal tool that enables WTO Members to sidestep their obligation to treat all services imports equally under the Most-Favoured Nation (MFN) clause through the granting preferential treatment to services and service exporters from a Least Developed Country (LDC). It is similar to the Enabling Clause for goods within the Generalized System of Preferences (GSP), except that the Waiver only benefits LDCs, not all developing countries. It operates thus as an LDC-only Enabling Clause for services. The Waiver only enables preferences, it does not require WTO Members to grant them, nor provide them with specific ideas or tools to facilitate LDCs exports into their markets. This paper presents the findings of the pilot study on Cambodia. Focusing on a selection of services sectors of particular export interest to Cambodia, this case-study assesses, where appropriate on an anecdotal basis, whether and to what extent the preferences granted by WTO Members respond to the market access, regulatory and other barriers experienced by Cambodias services exporters in their export market(s). By converging all available sources of information, the analysis aims to identify the relevance of the notified preferences for Cambodias services exports, possible gaps and opportunities for further development of improved market access mechanisms, as well as its utilization by LDCS services exporters.
Download or read book Risks and Returns written by David Michael Gould and published by World Bank Publications. This book was released on 2017-01-27 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1990s, Emerging Europe and Central Asia (ECA) opted for a model of rapid financial development focused on bank credit expansion often funded by foreign capital. This model helped boost the financial inclusion of firms and households, but was also accompanied by lower financial efficiency and increased vulnerability to banking crises. The need for financial sector reforms has become more urgent as stagnating income growth, particularly of middle- to lower-income earners, is leading to increased dissatisfaction with the status quo of low productivity growth and limited access to opportunities. This demand for change can be the impetus for rebalancing financial policies to support higher and more inclusive growth. A healthy and balanced financial sector is needed to support structural adjustment in the oil dependent economies of the eastern side ECA and greater innovation in the countries of the western part of ECA. This report argues that financial development must reach beyond increasing access to credit. ECA countries should strive to build balanced financial systems integrating both bank and non-bank markets, enabling prudent financial inclusion. Most importantly, ECA falls significantly behind other world regions in the use of saving products. Striking the right balance across all dimensions of financial development (stability, efficiency, inclusion, and overall depth) is crucial for achieving and sustaining inclusive growth.
Download or read book OECD Development Pathways Social Protection System Review of Cambodia written by OECD and published by OECD Publishing. This book was released on 2017-11-06 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2017, the Royal Government of Cambodia published a new Social Protection Policy Framework (SPPF), providing an ambitious vision for a social protection system in which a comprehensive set of policies and institutions operate in sync with each other to sustainably reduce poverty and vulnerability.
Download or read book Cambodian Dollarization written by Hidenobu Okuda and published by Taylor & Francis. This book was released on 2023-09-07 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first study to provide a comprehensive picture of the reality and structure of dollarization in Cambodia, which has been achieving rapid economic and financial development since the end of 1998, when full piece reigned over the kingdom. It uses the micro-level data collected through nationwide surveys conducted jointly by the National Bank of Cambodia and JICA Ogata Sadako Research Institute in 2014 and 2017. By applying econometric analysis to collected data, the book analyses in detail the structures and mechanisms of dollarization in households, companies, and financial institutions. It also provides detailed information on the historical development of Cambodian dollarization, international comparisons with various cases of dollarization in countries around the world, and the impact of NBC's digital payment platforms (particularly Bakong) on the use of local and foeign currencies. The Cambodian case shows that financial development of low- and middle-income countries is promoted mutually by dollarization and that policies to separate the two are necessary to curb dollarization. This book will be of interest to students, researchers and policy-makers concerned with dollarization and economics in Southeast Asia.
Download or read book Cambodia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2014-11-01 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cambodia has enjoyed over two decades of robust growth, with rising foreign investment and deepening integration into global and regional value chains. The country---once riven by civil war and conflict---is now politically stable and increasingly making its mark as the world's eighth-largest rice producer, Asia's 10th largest garment exporter, and a rising tourist destination. Yet Cambodia faces considerable challenges. It suffers from major infrastructure deficits; limited skills development and education quality; and weaknesses in governance. Fiscal resources are also stretched. Moreover, for a successful transition to a modern industrialized economy, Cambodia needs to diversify and upgrade its productive capabilities. This publication examines the opportunities and the challenges, and offers recommendations for long-term socioeconomic strategy.
Download or read book Cambodia written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2015-11-17 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 Article IV Consultation highlights that economic activity in Cambodia remained strong with a growth rate at 7 percent in 2014, notwithstanding appreciation of the real effective exchange rate following U.S. dollar strengthening and growing competition from other low-cost garment producers. Inflation fell in 2014 and through 2015, owing to strong external disinflationary pressures from lower food and oil prices. The short-term outlook remains broadly favorable. Growth is projected to remain robust at 7 percent in 2015, while inflation is projected to rise gradually to about 2 percent by end-2015. The fiscal deficit is projected to rise modestly to 2 percent in 2015 as a result of strong measures to improve revenue administration.
Download or read book ASEAN 3 Bond Market Guide 2018 Cambodia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-02-01 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: ASEAN+3 Bond Market Guide is a comprehensive explanation of the region's bond markets. It provides information such as the history, legal and regulatory framework, specific characteristics of the market, trading and transaction (including settlement systems), and other relevant information. The Bond Market Guide 2018 for Cambodia is an outcome of the support and contributions of ASEAN+3 Bond Market Forum members and experts, particularly from Cambodia.
Download or read book OECD Development Pathways Interrelations between Public Policies Migration and Development in Cambodia written by OECD and published by OECD Publishing. This book was released on 2017-04-26 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interrelations between Public Policies, Migration and Development in Cambodia is the result of a project carried out by the Cambodia Development Resource Institute (CDRI) and the OECD Development Centre, in collaboration with the Ministry of Interior and with support from the European Union.
Download or read book Cambodia written by Mr.Olaf Unteroberdoerster and published by International Monetary Fund. This book was released on 2014-02-27 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cambodia is poised to join a new generation of Asian frontier economies transitioning from low-income to emerging-market. But the path to greater and more shared prosperity requires a solid foundation of sound macroeconomic policies, enabling new growth drivers, tackling a highly dollarized and fragmented financial system, and creating more fiscal policy space to help meet Cambodia’s vast development needs. This book first takes a closer look at the key economic challenges Cambodia faces at the current juncture, highlighting Cambodia’s structural and financial constraints to growth as well as shifting vulnerabilities as Asia rebalances. It then lays out how a strategy of fiscal and financial sector policies, from creating a fairer and more buoyant tax system to modernizing financial instruments, markets and supervision, can help mobilize the resources and tools needed for one of Asia’s youngest and fastest-growing populations to enjoy more self-sustaining and inclusive growth.
Download or read book SMEs and Economic Integration in Southeast Asia written by Cassey Lee and published by ISEAS-Yusof Ishak Institute. This book was released on 2019-04-29 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and medium-sized enterprises (SMEs) account for about 97–99 per cent of total enterprises and 60–80 per cent of total employment in ASEAN countries. The participation of SMEs is thus crucial for achieving greater regional economic integration amongst ASEAN countries. SMEs are, however, often constrained by many disadvantages that limit their abilities to become importers and exporters. This is well documented in the research literature on trade and firm size. This volume contains selected ASEAN country studies on the participation of SMEs in regional economic integration based on primary microdata. This is supplemented by empirical studies on the role played by East Asian multinational enterprises in the region. "The editors and authors of SMEs and Economic Integration in Southeast Asia are to be congratulated for this major contribution to the scholarly and policy literature on a subject of much public discussion but limited analytical research. The emphasis on economic integration highlights the importance of these firms in Southeast Asia’s growing regional and global engagement. The thirteen chapters, by leading authors in the field, comprise both insightful country analyses and careful examination of the links between SMEs and foreign investment." Hal Hill, H.W. Arndt Professor Emeritus of Southeast Asian Economies, Australian National University
Download or read book OECD Investment Policy Reviews Cambodia 2018 written by OECD and published by OECD Publishing. This book was released on 2018-12-03 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first OECD Investment Policy Review of Cambodia uses the OECD Policy Framework for Investment to present an assessment of the investment climate in Cambodia and to discuss the challenges and opportunities faced by the Royal Government of Cambodia in its reform efforts. It includes chapters ...
Download or read book ASEAN 3 Multi Currency Bond Issuance Framework written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-12-01 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: These guidelines explain the ASEAN+3 Multi-Currency Bond Issuance Framework (AMBIF) and relate AMBIF Elements to the corresponding features of the professional Cambodian bond market. The guidelines highlight market characteristics that are significant for issuers and investors, and review the regulatory processes required for issuing different types of debt securities. The guidelines are an output of the ASEAN+3 Bond Market Forum and were developed to enable bond issuers and their service providers to pursue further issuances under AMBIF with greater ease and certainty.
Download or read book Economic Outlook for Southeast Asia China and India 2018 Fostering Growth through Digitalisation written by OECD and published by OECD Publishing. This book was released on 2018-02-12 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic Outlook for Southeast Asia, China and India is a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia.
Download or read book Trade Policy Review written by and published by . This book was released on 2017 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Asia Small and Medium Sized Enterprise Monitor 2020 Volume I written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-10-01 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of micro, small, and medium-sized enterprises (MSMEs) remains key to promoting inclusive growth in developing economies in Asia and the Pacific. The Asia Small and Medium-Sized Enterprise Monitor (ASM) provides data and analysis as a resource for evidence-based policy design on MSME development. The ASM 2020 focuses on Southeast Asia and this first volume reviews the financial and non-financial conditions of MSMEs at country and regional level. In future years, the ASM will expand its country coverage to other regions.
