"Cambodia?s Diplomacy toward Economic Development:

"Cambodia?s Diplomacy toward Economic Development:
Ith, Sorphorn
Issue Date
KDI School of public policy and management
After the Paris Peace Agreement was concluded in 1991, Cambodia became a more democratic state since all political factions, except Pol Pot, agreed to have a general election in 1993. Through this democratization process, Cambodia had a better profile on international stage. Since then, Cambodia has developed its economy quite rapidly with the transformation from a planned economy to a market economy in 1993. There are many factors that have contributed to this growth. We believe that Cambodia’s diplomacy, meaning foreign policy and implementation of foreign policy, is a factor that has helped promote its economic development. We have examined the impacts of Cambodia’s current foreign policy on trade, FDI, international assistance, tourism, and national security which are the basic elements for economic development. We also elaborate on the roles, behavior, mentality, and working environment of all stakeholders in Cambodia that contribute to the formation and execution of its foreign policy. At last, we find out that although economic development requires promoting productivity, a more comprehensive institutional reform, and government’s commitment, diplomacy has created a favorable condition for economic development in this country and in order to achieve a longterm, sustainable growth, Cambodia needs to start investing in its human capital as early as possible.
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Master's Thesis (2013)

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