Surviving the Global Financial and Economic Downturn : The Cambodia Experience

Resource Information

The work Surviving the Global Financial and Economic Downturn : The Cambodia Experience represents a distinct intellectual or artistic creation found in Sydney Jones Library, University of Liverpool. This resource is a combination of several types including: Work, Language Material, Books.

Label

Surviving the Global Financial and Economic Downturn : The Cambodia Experience

Title remainder

The Cambodia Experience

Statement of responsibility

Hossein Jalilian [and three others]

Title variation

Surviving the Global Financial & Economic Downturn

Creator

• Jalilian, Hossein, 1951-
• Jalilian, Hossein, 1951-

Author

• Jalilian, Hossein, 1951-
• Jalilian, Hossein, 1951-

Subject

• Cambodia -- Economic conditions
• Cambodia -- Politics and government -- 1979-
• Financial crises -- Cambodia
• Global Financial Crisis, 2008-2009

Language

eng

Summary

The global financial and economic shock of 2007-09 is the third major economic crisis to have buffeted Cambodia in its post-conflict period, coming in the wake of the food crisis of 2007-08 and just a decade after the Asian financial crisis of 1997-98 (the 'triple crises'). Cambodia's post-conflict history can be divided into two periods: 1991-98, referred to as the early phase of transition during which the first of the triple crises, the Asian financial crisis, occurred; and 1998 to the present, the late phase of transition during which the food and economic shocks transpired. A stocktake of the developments in Cambodia's post-conflict history suggests that the country has come a long way in reinstituting the foundations of a capitalist economic and procedural democracy but has yet to make significant headway in economic sophistication and substantive democracy. The triple crises were different, yet had similar characteristics. They were all exogenously-driven shocks with their own specific causes but their effects were shaped by the country's situation at the time. In terms of magnitude of impact, the global financial and economic downturn was the worst of the three crises. That it caused the first ever growth contraction in the post-conflict period was sufficient rationale for the series of studies that substantiate this book. Like the two shocks that preceded it however, the way it impacted on Cambodia cannot be understood in isolation from the overall post-conflict milieu. The thesis here is not that endogenous factors caused the crisis. It is simply that endogenous factors shaped the impact of the crisis and a historical, as opposed to a static, analysis better illuminates the nature of the impact. This book is an in-depth comprehensive examination of the impact of the global financial and economic crisis on Cambodia. It probes into the effects of the shock at macro, sectoral and micro levels using qualitative and quantitative techniques

Cataloging source

UkCbUP

Dewey number

330.9596043

Index

index present

LC call number

HC442

LC item number

.J34 2014

Literary form

non fiction

Nature of contents

dictionaries