Why cambodia still poor

Without a strong educational base, it has been hard for the country to rebuild itself quickly enough to enter the modern world economically. It is has been in the past decade or so that industries like tourism have brought more international money into the economy but it has not always been invested wisely in a way that would promote growth. If you consider modern factors, there are several things which make Cambodia poor. A major economic challenge for Cambodia over the next decade will be fashioning an economic environment in which the private sector can create enough jobs to handle Cambodia's demographic imbalance.

Cambodia Economy Is Cambodia a rich country? Labor Force by Occupation- As reported by Cambodia. The CPF program will align its activities with this aim to ensure that citizen engagement and good governance cuts across all WBG program interventions to enhance transparency and accountability in the public sector, improve public service delivery, and provide a supportive business climate. I hope I will earn more.

Besides farming, we have family shops that help us to earn more income. Before, I was always looking for someone to hire me. I grow it on part of my 3 hectares. My four children came back home to work on my new land. One of my sons opened a motorbike repair shop here and another one also opened another repair shop in a nearby village.

My other two children help me to farm and run my shop here. Results Briefs October 29, Email Print. Tweet Share Share LinkedIn. Stumble Upon. Despite three decades of devastating civil conflict, Cambodia has achieved remarkable progress in reducing poverty and boosting shared prosperity.

Causes of poverty in Cambodia were largely due to ineffective and oppressive governments, which failed to lift Cambodia out of poverty after the civil war between and The country struggled for many years even into the early s with political unrest and turnover. However, with international aid and support as well as the slow integration of governmental elections, Cambodia has seen growth and stabilization of its economy. Poverty fell from approximately 50 percent to 20 percent between and , and since then has fallen even more.