Cambodia : 2008 article IV consultation : staff report : staff supplement : and public information notice on the Executive Board discussion.

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Bibliographic Details
Imprint:[Washington, D.C.] : International Monetary Fund, ©2009.
Description:1 online resource : color illustrations
Language:English
Series:IMF country report ; no. 09/47
IMF country report ; no. 09/47.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12495137
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund.
ISBN:1280882492
9781280882494
Notes:Title from title screen (IMF, viewed on November 24, 2009).
"February 2009."
Includes bibliographical references.
Summary:1. Cambodia's exceptional growth performance the past five years is coming under increasing strain from the global financial crisis and weakening external demand (Box 1). The economy has been particularly vulnerable to recent shocks given its narrow production base, concentration of exports by product and destination, and dependence on external inflows. As a result, economic activity is slowing in most sectors and liquidity conditions are tightening as funding sources dry up. Rapid credit expansion since 2007 combined with long-standing weaknesses in bank oversight and now falling property prices have heightened credit and solvency risk among a number of banks, including a few systemically important ones.