Cambodian Economy Hurt by Land Evictions
Kratie province – Cambodia’s transformation from war-torn basket-case to one of Asia’s most promising emerging economies is being overshadowed by a backwards lurch in human rights and land policies that critics say are entrenching poverty. Next week’s visit by Barack Obama, the fist by a U.S. president, will in some ways set the seal on the emergence of Cambodia’s $13 billion economy under Prime Minister Hun Sen as it draws unprecedented interest from investors. It’s garment export industry is booming, tourist numbers are surging and low-end manufacturing is taking off as companies seek a cheaper alternative to China. Phnom Penh is being transformed by plush new buildings and luxury imported cars. …
