Cambodia Addressing the Skills Gap Employment Diagnostic Study

Published By: Asian Development Bank Institute | Published Date: May, 01 , 2015

Cambodia has made great strides toward sustained rapid and inclusive economic growth since its political environment stabilized in 1999. Its 7.8% average annual growth since then has dramatically brought down the poverty level, from 47.8% of the population living below the national poverty line in 2007 to a low 18.9% in 2012. However, 71.0% of Cambodians still live on less than $3 a day, which means that many of them remain vulnerable to falling back into poverty. A lack of decent jobs is at the heart of the problem. The share of selfemployed and unpaid family workers, which was at 59.4% in 2013, remains high. Indeed, most of the working population is in the informal economy or engaged in vulnerable forms of employment.

Author(s): Asian Development Bank Institute | Posted on: Mar 15, 2016 | Views() | Download (192)

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