1.

Record Nr.

UNINA9910813525503321

Autore

Unteroberdoerster Olaf

Titolo

Cambodia : : Entering a New Phase of Growth / / Olaf Unteroberdoerster

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2014

ISBN

1-4755-6298-5

1-4843-0792-5

1-4755-3255-5

Edizione

[1st ed.]

Descrizione fisica

1 online resource (162 p.)

Disciplina

338.9

Soggetti

Economic development - Cambodia

Fiscal policy - Cambodia

Banks and Banking

Finance: General

Money and Monetary Policy

Public Finance

Taxation

Taxation, Subsidies, and Revenue: General

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Monetary Systems

Standards

Regimes

Government and the Monetary System

Payment Systems

National Government Expenditures and Related Policies: General

Financial Markets and the Macroeconomy

Public finance & taxation

Banking

Monetary economics

Finance

Macroeconomics

Revenue administration

Dollarization

Public financial management (PFM)

Financial sector development



Monetary policy

Financial markets

Commercial banks

Financial institutions

Banks and banking

Revenue

Financial services industry

Finance, Public

Cambodia

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; Contents; Preface; 1 Introduction: Cambodia Entering a New Phase of Growth; PART I: AN ECONOMY AT A CROSSROADS; 2 How Fast Can Cambodia Grow? Assessing Key Drivers; 3 Asia's Most Dollarized Economy: Causes and Consequences; 4 Cambodia's Banking Sector: Are More Banks Always Better?; 5 What Can Go Wrong? Shifting Vulnerabilities as Asia Rebalances; PART II: NEW POLICIES FOR BROADER-BASED GROWTH; 6 First Things First: Creating and Safeguarding Fiscal Space; 7 Raising Funds for the Future: The Case for an Integrated Revenue Mobilization Strategy

8 Can the Riel Prosper? Welding Financial Development and Dedollarization9 Modernizing Supervision in Support of Stable Financial Development; Index; A; B; C; D; E; F; G; H; I; K; L; M; N; O; P; R; S; T; U; V; W

Sommario/riassunto

Cambodia is poised to join a new generation of Asian frontier economies transitioning from low-income to emerging-market. But the path to greater and more shared prosperity requires a solid foundation of sound macroeconomic policies, enabling new growth drivers, tackling a highly dollarized and fragmented financial system, and creating more fiscal policy space to help meet Cambodia’s vast development needs. This book first takes a closer look at the key economic challenges Cambodia faces at the current juncture, highlighting Cambodia’s structural and financial constraints to growth as well as shifting vulnerabilities as Asia rebalances.  It then lays out how a strategy of fiscal and financial sector policies, from creating a fairer and more buoyant tax system to modernizing financial instruments, markets and supervision, can help mobilize the resources and tools needed for one of Asia’s youngest and fastest-growing populations to enjoy more self-sustaining and inclusive growth.