Publication : Report

The major tendencies of the last several years continued in 2009 and 2010. The Cambodian People’s Party (CPP) strengthened its grip on Cambodian politics, further eroding the democratization process and stabilizing its de facto one-party rule. Economic growth halted in 2009 due to the global financial crisis and declines in both foreign investment and trade exports. However, the economy has begun to recover, owing to the dynamism of key sectors and targeted investment by the government. Persistent structural deficits including an unequal distribution of wealth, a growing gap between wealthy and poor Cambodians, and corruption prevent sustainable development.

Information Source : Cambodia Country Report: The Bertelsmann Stiftung’s Transformation Index (BTI) 2012

• BTI