Cambodia is at once faced with both enabling opportunities and encumbering realities as it proceeds with the rebuilding of its post civil-war economy. Its location in the economically vibrant region of Southeast Asia combines with its proud record of ...
Cambodia is at once faced with both enabling opportunities and encumbering realities as it proceeds with the rebuilding of its post civil-war economy. Its location in the economically vibrant region of Southeast Asia combines with its proud record of historical achievements to hint at a positive promise and a hopeful prospect of success. But its recent history of self-destructive politics and fratricidal conflict has left a traumatized society with gaping institutional deficits - these deficits have at times threatened to make the economic prospects ahead a bit more daunting and less certain than can normally be expected. Which outcome will in the end prevail is contingent primarily on the optimum husbanding of its economic and political resources domestically while, at the same time, effectively mining its trade and investment opportunities externally. This paper is focused on the domestic aspect of the developmental challenges that Cambodia currently faces.