Country Risk Summary: CAMBODIA

September 2003
Asia Monitor: South East Asia Monitor Volume 1;Sep2003, Vol. 14 Issue 9, p8
Country Report
Country Report
This article focuses on the political and economic risks in Cambodia, as of August 2003. The victory of the ruling CPP in the July general elections has not been a cause for celebration. Although the elections passed relatively peacefully, the process of forming a governing coalition will prove more challenging. The current forecast for real GDP growth is maintained at 6.0% for 2003, with buoyant growth in neighbouring Thailand and Vietnam likely to boost the country's exports. Sustained economic growth is, however, contingent on a stable political environment that allows policy-makers to carry through on crucial structural reform and crack down on corruption and judicial loopholes.


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