How Cambodia Can Grab Its Big Opportunity
It’s time to diversify its economy to transition to upper-middle-income status.
Cambodia has reported stellar economic performance over the past few years, with annual GDP growth averaging 7%.
But its labor-intensive growth model may not be viable for much longer.
In Cambodia for the World Economic Forum on ASEAN, ADB Vice-President Stephen Groff says the country needs to consider ways to diversify its economy to transition to upper-middle-income status.
Watch above to learn more.