Front Matter

Front Matter

Author(s):
Sumio Ishikawa, Sibel Beadle, Damien Eastman, Srobona Mitra, Alejandro Lopez Mejia, Wafa Abdelati, Koji Nakamura, Il Lee, Sònia Muñoz, Robert Hagemann, David Coe, and Nadia Rendak
Published Date:
February 2006
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    © 2006 International Monetary Fund

    Production: IMF Multimedia Services Division

    Cover Design: Wendy Arnold

    Page Design: Alicia Etchebarne-Bourdin

    Cover Photo: M.L. Sinibaldi/CORBIS

    Cataloging-in-Publication Data

    Cambodia: rebuilding for a challenging future/David T. Coe … [et al.]—[Washington, D.C.: International Monetary Fund, 2006].

    • p. cm.

    Includes bibliographical references.

    ISBN 1-58906-444-5

    1. Cambodia—Economic policy. 2. Cambodia—Economic conditions. 3. Cambodia—Economic conditions—Statistics. 4. Foreign exchange rates—Cambodia. 5. Poverty—Cambodia. 6. Fiscal policy—Cambodia. I. Coe, David T. II. International Monetary Fund.

    HC442.C35 2006

    Disclaimer: The views expressed in this work are those of the authors and do not necessarily represent those of the IMF or IMF policy. The IMF has not edited this publication. Some documents cited in this work may not be available publicly.

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    Contents

    The following symbols have been used throughout this publication:

    • … to indicate that data are not available;

    • — to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;

    • – between years or months (e.g., 2003–04 or January–June) to indicate the years or months covered, including the beginning and ending years or months;

    • / between years (e.g., 2003/04) to indicate a fiscal (financial) year.–

    • “n.a.” means not applicable.

    • “Billion” means a thousand million.

    Minor discrepancies between constituent figures and totals are due to rounding.

    The term “country,” as used in this publication, does not in all cases refer to a territorial entity that is a state as understood by international law and practice; the term also covers some territorial entities that are not states, but for which statistical data are maintained and provided internationally on a separate and independent basis.

    Preface

    The material presented in this Special Issues was originally prepared as background for discussion at the IMF Executive Board in September 2004. Assessments contained in some of the chapters have in some cases been overtaken by recent events, but the medium-term challenges remain the same. The authors are grateful to the Cambodian authorities for extensive discussions and for their assistance in providing data and other source material.

    The background papers were prepared in 2003–04 under the general guidance of David T. Coe and Il Houng Lee of the Asia and Pacific Department and benefited from comments of department staff. Wafa Fahmi Abdelati coordinated production of the manuscript. The authors would like to thank Rupin Thomas for excellent research assistance, Nadine Dubost and Elizabeth Handal-Kocis for secretarial support, and Gail Berre, Esha Ray, Teresa Del Rosario, and Alicia Etchebarne-Bourdin of the External Relations Department for production of the publication.

    The opinions expressed are solely those of the authors and do not necessarily reflect the views of the IMF, its Executive Directors, or the Cambodian authorities.

    Abbreviations

    ASEAN

    Association of Southeast Asian Nations

    ATC

    Agreement on Textiles and Clothing

    CPI

    Consumer price index

    CDC

    Center for the Development of Cambodia

    CR

    Cambodian riel

    CSES

    Cambodia Socio-Economic Survey

    EU

    European Union

    FCD

    Foreign currency deposits

    FCU

    Foreign Currency Unit

    FDI

    Foreign direct investment

    GATT

    General Agreement on Tariffs and Trade

    GDP

    Gross domestic product

    GIC

    Gross incidence curve

    GLS

    Generalized least squares

    GSP

    Generalized System of Preferences

    ICSID

    International Center for Settlement of Investment Disputes

    LDC

    Least developed country

    LIA

    Low-income Asian country

    LIC

    Low-income country

    LOI

    Law on Investment

    LOT

    Law on Taxation

    MBPI

    Merit-based pay initiative

    MEF

    Ministry of Economy and Finance

    MFA

    Multifiber Agreement

    MFN

    Most favored nation

    NBC

    National Bank of Cambodia

    NIEA

    Newly industrialized and emerging economy

    NIS

    National Institute of Statistics

    NPRS

    National Poverty Reduction Strategy

    NT

    National Treasury

    OLS

    Ordinary least squares

    PAP

    Priority Action Program

    PCB

    Permanent Coordination Body

    PFM

    Public financial management

    PFMRP

    Public Financial Management Reform Program

    PMU

    Project Management Unit

    PPP

    Purchasing power parity

    PRGF

    Poverty Reduction and Growth Facility

    RGC

    Royal Government of Cambodia

    RoO

    Rules of origin

    SCAC

    Supreme Council Against Corruption

    SCM

    Supreme Council of Magistracy

    SIC

    Schwarz information criterion

    SPS

    Sanitary and Phytosanitary

    TA

    Tax administration

    T&C

    Textile and clothing

    TBT

    Technical Barriers to Trade

    TCAP

    Technical Cooperation Action Program

    TRIM

    Trade-Related Investment Measures

    TRIPS

    Trade-Related Aspects of Intellectual Property Rights

    UN

    United Nations

    UNTAC

    United Nations Transitional Authority in Cambodia

    VAR

    Vector auto regression

    VAT

    Value-added tax

    WEO

    World Economic Outlook

    WTO

    World Trade Organization

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