Slow but steady economic growth in Cambodia

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Slow but steady economic growth in Cambodia

• Although there have been impressive gains in some
  sectors, in particular textiles, Cambodia is
  still struggling to achieve higher levels of
  economic growth as well as equitable
  distribution. By some estimates, nearly 40 of
  the population still live in poverty.With
  approximately 85 of the population living in
  rural areas, many people start small stores in
  their villages to make a living.

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Slow but steady economic growth in Cambodia

• In this village just outside Sihanoukville, many
  people either work in the rock quarry or in one
  of the many textile factories that have sprung up
  over the past few years.The opportunities for
  work are limited.

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Slow but steady economic growth in Cambodia

• The ILO is working with the Government to help
  promote better communication between management
  and workers. Research has shown that dialogue is
  essential to increasing efficiency and improving
  production methods.The manager of this factory
  checks productivity rates at each station to
  assess progress.

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Slow but steady economic growth in Cambodia

• Higher education is often out of reach for
  families with modest incomes or that are mired in
  poverty. The provision of vocational training in
  marketable skills has had a positive impact on
  many people's economic livelihoods.In
  collaboration with the Employers and Workers
  organisations, the ILO has assisted in the
  elimination of child labour from the textile
  sector.

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Slow but steady economic growth in Cambodia

• The growth of the textile industry has been a
  driving force in the improvement of economic
  conditions in parts of Cambodia. The jobs
  provided by these new factories have given the
  many new entrants to the job market an
  opportunity to earn a living and provide for
  their families.

6
Slow but steady economic growth in Cambodia

• Cambodia, like many other countries in the
  Asia-Pacific region, is developing a solid
  foundation for future growth. The rapid pace of
  change in a globalised economy will present many
  challenges and opportunities. Diversification
  and improvement of other sectors, like tourism
  and services, can help countries experience a
  sustained period of economic and social progress.