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Cambodia Institute of Development Study
Copyright © 2011 Cambodia Institute of Development Study. All Rights Reserved.
Building a solid knowledge foundation for sustainable economic development in Cambodia
779 A. KAMPUCHEA KROM BLVD. TOEK LAAK I, TUOL KORK, PHNOM PENH, CAMBODIA TEL: +855 23-880-787 EMAIL: INFO@CIDS-CAMBODIA.ORG
GDP: 5.3% ('10)
CPI: 3.3% (Jan '11)
LINKS
Has Microfinance Contributed to Socio-Economic Development in Cambodia?
As of 2010, there were 20 MFIs in operation with a gross loan outstanding portfolio of 1,247,773 Million KHR (around US$300 million) and a client borrower base of 878,559 people,. WIth this rapid financial performance, is the sector is drifting from its social mission. >>>Read more
OUR EXPERTISE
Sub-national Democratic Accountability in Cambodia
To tackle the problems of uneven local development, inequality and poverty, the Royal Government of Cambodia initiated a Strategic Framework for Decentralization and Deconcentration Reforms in June 2005. Following suit, the Organic Law was adopted in 2008, establishing democratically-elected sub-national council and modifying the lines of accountability for the existing sub-national administrations. What is the situation of sub-national democractic accountability today? >>>Read more
IS THE STOCK MARKET THE APPROPRIATE TOOL FOR DE-DOLLARIZATION?
Dollarization occurs because of lack of confidence in domestic currency. Because dollarization creates constraints for macroeconomic management and policy, each dollarized country tries to force de-dollarization of its economy in a way that is not market confirming. In Cambodia, some people are prescribing to use the stock market as a tool to de-dollarize the economy by requiring securities to be listed in riel. This will put economic stability at risk and could deepen dollarization.
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