[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108770-en":3,"doc-seo-108770-105":31,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},108770,1099514067438,"River Wang","https://ap-avatar.wpscdn.com/avatar/100002539ee87300030?x-image-process=image/resize,m_fixed,w_180,h_180&k=1780474512215547542",8,"Research & Report","Resilient Development - A Strategy to Diversify Cambodia’s Growth Model - Cambodia Country Economic Memorandum - Executive Summary","A World Bank Cambodia Country Economic Memorandum outlines a resilient development strategy aimed at diversifying Cambodia’s growth model. It synthesizes findings from earlier work on firm-level productivity, services export diversification, and financing the next phase of growth. The document frames constraints on productivity—weak human capital and low total factor productivity—while emphasizing incomplete structural transformation, flatter within-sector productivity, and policy recommendations across exports and investment financing.","Public Disclosure Authorized Public Disclosure Authorized  \nRESILIENT DEVELOPMENT  \nA STRATEGY TO DIVERSIFY CAMBODIA’S GROWTH MODEL  \nCambodia Country Economic Memorandum  \nPub lic Disclosure Authorized Pub lic Disclosure Authorized  \nRESILIENT DEVELOPMENT  \nA STRATEGY TO DIVERSIFY CAMBODIA’S GROWTH MODEL  \nCambodia Country Economic Memorandum  \nDecember 2021  \nContents  \nCurrency Equivalents iv  \nAcronyms iv  \nAcknowledgments v  \nList of Boxes, Figures, and Tables vi  \nExecutive Summary ix  \nOverview xi  \nEnable productive firms and workers xv  \nDiversify exports xviii  \nHarness domestic investments xxi  \nCambodia’s Resilient Development Policy Matrix xxv  \nChapter 1: Improving Cambodia’s Productivity Performance 1  \nLabor productivity is constrained by weak human capital and  \nlow total factor productivity 2  \nStructural transformation has contributed to productivity growth  \nbut is incomplete 4  \nWithin-sector productivity growth has been flat 5  \nPolicy recommendations for productivity improvements 12  \nChapter 2: Economic Transformation Through Exports 20  \nEconomic upgrading through GVC participation in manufacturing 22  \nValue addition in Cambodian agriculture 32  \nIncreasing competitiveness to export modern services 40  \nChapter 3: Financing the Next Phase of Growth 66  \nTwo options for obtaining finance 67  \nAnalysis of Cambodia’s savings situation 74  \nPolicy recommendations for raising finance 88  \nReferences 96  \nAnnex 101  \nEmpirical approach and data for firm-level productivity analysis 101  \nCurrency Equivalents  \nExchange rate effective December 1, 2021  \nCurrency Unit=Cambodian Riels (KHR) US$1=KHR4,069  \nAcronyms  \nASEAN  \nASYCUDACSES  \nDFS  \nEAP  \nEU  \nFDI  \nFTA  \nGATS  \nGDP  \nGNI  \nGVC  \nHCI  \nICT  \nIMF  \nIPR  \nKHR Lao PDRLDC  \nMDI  \nMFI  \nNTM  \nOECD  \nPIM  \nPTA  \nRGC  \nSME  \nSPS  \nTFP  \nUN  \nUS  \nUS$  \nVAT  \nWTO  \nAssociation of Southeast Asian Nations Automated System for Customs Data Cambodia Socio-Economic Survey  \nDigital financial services East Asia and Pacific European Union Foreign direct investment Free trade agreement  \nGeneral Agreement on Trade in Services  \nGross domestic product Gross national income Global value chain Human Capital Index  \nInformation and communication technologies  \nInternational Monetary Fund Intellectual property rights Cambodian riel  \nLao People’s Democratic Republic Least developed country Microfinance deposit taking institution  \nMicrofinance institution Non-tariff measure  \nOrganisation for Economic Co-operation and Development  \nPublic investment management Preferential trade agreement Royal Government of Cambodia Small and medium enterprise Sanitary and phytosanitary standards Total factor productivity  \nUnited Nations  \nUnited States US dollar Value-added tax  \nWorld Trade Organization  \n\n| Regional Vice Presidents | Victoria Kwakwa, Manuela Ferro |\n| --- | --- |\n| Regional Director | Hassan Zaman |\n| Country Director | Mariam Sherman |\n| Practice Managers | Deepak Mishra, Sebastian Eckardt |\n| Team Task Leader | Claire H. Hollweg |\n\niv  \nRESILIENT DEVELOPMENT:  \nA STRATEGY TO DIVERSIFY CAMBODIA’S GROWTH MODEL  \nAcknowledgements  \nThe report was written by a World Bank team led by Claire H. Hollweg. The team included Bradley Larson, Mikel Tenllado, Laura Gomez-Mera (Chapter 1); Roberto Echandi, Luis Rubalcaba, Martha Soprana (Chapter 2); Rishabh Sinha, Kimsun Tong, Wendy Karamba, Clarence Tsimpo Nkengne, Nikola Kojucharov, Ratchada Anantavrasilpa, and Sodeth Ly (Chapter 3) . The team worked under the close supervision of Deepak Mishra and Sebastian Eckardt.  \nThe World Bank’s Cambodia Economic Diversification Study (World Bank 2019a) led by Miguel Eduardo Sánchez Martín was written as Part I of the Cambodia Country Economic Memorandum. This earlier study was subsequently extended in the areas of (i) firm-level productivity, (ii) services export diversification, and (iii) financing the next phase of growth as Part II of the Cambodia Country Economic Memorandum. This","cbCaioPLeka68DSc","https://ap.wps.com/l/cbCaioPLeka68DSc","pdf",2494580,4,1,140,"English","en",105,"# Contents\n## Executive Summary\n## Overview\n## Enable productive firms and workers\n## Diversify exports\n## Harness domestic investments\n## Cambodia’s Resilient Development Policy Matrix\n## Chapter 1: Improving Cambodia’s Productivity Performance\n## Chapter 2: Economic Transformation Through Exports\n## Chapter 3: Financing the Next Phase of Growth\n## References\n## Annex","[{\"question\":\"What is the purpose of this Cambodia Country Economic Memorandum?\",\"answer\":\"It presents a resilient development strategy to diversify Cambodia’s growth model, synthesizing key findings and recommendations across productivity, exports, and financing the next growth phase.\"},{\"question\":\"Which main productivity constraints does the report highlight?\",\"answer\":\"Labor productivity is constrained by weak human capital and low total factor productivity, with structural transformation contributing to growth but remaining incomplete.\"},{\"question\":\"How does the report propose supporting the next phase of growth?\",\"answer\":\"It focuses on financing options by analyzing Cambodia’s savings situation and providing policy recommendations to raise finance, alongside measures to enable firms and workers and diversify exports.\"}]","Resilient Development - 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