Wednesday, June 30, 2010

Analysts Look for Lessons in 2008 Crisis

Ros Sothea, VOA Khmer
Phnom Penh
Tuesday, 29 June 2010

Economists say the lessons of the recent economic crisis should encourage policymakers to revise some of their macroeconomic principles and make immediate improvements in fiscal management, infrastructure and other areas to make the country more competitive in the global recovery.
National and international experts met last week for a high-level workshop to find ways Cambodia might maintain economic growth in the face of the new economic realities brought about by the financial crisis.
The crisis should signal a time for improvements in fiscal policy, economic diversification, investment climate and social protection, among others, experts said.

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