Cambodia’s Future Jobs : Linking to the Economy of Tomorrow

Jobs are an important part of Cambodia’s story of development success. There are eight million jobs in Cambodia, and eighty percent of Cambodian adults above the age of fifteen are working in contrast to 62.5 percent of adults in East Asia Pacific...

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Bibliographic Details
Main Authors: Cunningham, Wendy, Hollweg, Claire H.
Language:English
Published: World Bank, Phnom Penh 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/224811567668159930/Main-Report
http://hdl.handle.net/10986/32410
Description
Summary:Jobs are an important part of Cambodia’s story of development success. There are eight million jobs in Cambodia, and eighty percent of Cambodian adults above the age of fifteen are working in contrast to 62.5 percent of adults in East Asia Pacific region. Cambodia will need to enact substantive reforms to secure more, better, and more inclusive jobs in the long term. Fundamentally, Cambodia needs to upgrade and integrate the two sides of its economy namely the exports sector, which includes foreign- owned (FDI) firms, and the domestic sector made up of household enterprises (HHEs) and small and medium enterprises (SMEs). Meanwhile, Cambodian workers need to increase their skills and ability to pursue the job opportunities that will materialize as these sectors increase their competitiveness.