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Rural Development for Cambodia: Key Issues and Constraints

dc.date.accessioned2015-01-24T13:11:09Z
dc.date.available2015-01-24T13:11:09Z
dc.date.issued2012-04-01
dc.identifier.urihttp://hdl.handle.net/11540/909
dc.description.abstractCambodia's economic performance over the past decade has been impressive, and poverty reduction has made significant progress. In the 2000s, the contribution of agriculture and agro-industry to overall economic growth has come largely through the accumulation of factors of production - land and labor - as part of an extensive growth of activity, with productivity modestly improving from very low levels. Despite these generally positive signs, there is justifiable concern about Cambodia's ability to seize the opportunities presented. The concern is that the existing set of structural and institutional constraints, unless addressed by appropriate interventions and policies, will slow down economic growth and poverty reduction. These constraints include (i) an insecurity in land tenure, which inhibits investment in productive activities; (ii) low productivity in land and human capital; (iii) a business-enabling environment that is not conducive to formalized investment; (iv) underdeveloped rural roads and irrigation infrastructure; (v) a finance sector that is unable to mobilize significant funds for agricultural and rural development; and (vi) the critical need to strengthen public expenditure management to optimize scarce resources for effective delivery of rural services. The purpose of this report is to produce a concise, analytically based analysis that will (i) diagnose the underlying structure of the rural economy and its evolving links to urban and peri-urban centers; (ii) identify the binding structural and institutional constraints to faster rural development and reductions in poverty and income inequality; and (iii) propose some remedial policy priorities for Asian Development Bank (ADB) support to strengthen governance arrangements and institutional processes in public financial management (PFM) to contribute to poverty reduction.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleRural Development for Cambodia: Key Issues and Constraints
dc.typeReports
dc.subject.expertAgricultural And Rural Development
dc.subject.expertDevelopment
dc.subject.expertRural Development
dc.subject.expertEnabling Environment
dc.subject.expertEnvironment
dc.subject.adbRural Development
dc.subject.adbRural economy
dc.subject.adbEconomic growth
dc.subject.adbADB
dc.subject.naturalInfrastructure
dc.subject.naturalRural development
dc.subject.naturalEconomic growth
dc.subject.naturalInfrastructure
dc.subject.naturalLabor
dc.contributor.imprintAsian Development Bank
oar.themeDevelopment
oar.themeEnvironment
oar.themeLabor Migration
oar.themeSmall Medium Business
oar.adminregionSoutheast Asia Region
oar.countryCambodia
dc.identifier.printisbn978-92-9092-570-5
dc.identifier.pdfisbn978-92-9092-571-2
oar.identifierOAR-000382
oar.authorAsian Development Bank
oar.importtrue
oar.googlescholar.linkpresenttrue


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