Hidden Bibliographic Details
| Varying Form of Title: | Cambodia, 2010 Article IV consultation
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| Other authors / contributors: | International Monetary Fund, issuing body.
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| ISBN: | 1283562286
9781283562287
9781455231690
145523169X
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| Notes: | Online resource; title from PDF title page (IMF Web site, viewed June 9, 2011).
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| Summary: | 1. Prior to the global crisis, Cambodia enjoyed a decade of high growth and relative stability. Real GDP growth averaged over 9 percent during 2000-07, the highest of any low-income country in Asia (and one of the best performances worldwide), enabling significant improvements in living standards and poverty reduction. Prudent fiscal policies underpinned macroeconomic stability with headline inflation well below Cambodia's peers (Figure 1). Past surveillance has been characterized by broad agreement on the direction of policies, in particular with regard to enhancing fiscal policy credibility and financial system soundness, although progress has been slow in some critical areas such as public financial management reform. In support of government efforts, the IMF has provided significant technical assistance in fiscal, money and banking, and statistical areas.
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