Oxford Economic Country Briefings, April 3rd, 2007
Highlights and Key Issues
* For the next 18 months, the economy will continue to reap the benefits of a boom in tourism, textile exports and oil-related investment. Real GDP should grow 9.2% in 2007, down a little from double-digit growth in the last two years. But problems will come in 2009 and beyond, when the removal of US quotas on China's textile exports will expose Cambodia's clothing industry to stiff competition from rival Chinese exporters, cutting overall GDP growth to around 5%.
* Inflation should slow to 3.8% by the end of 2007 assuming no crop shortages.
* Public finances are l...
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