Techo International Airport is the kind of project Cambodia doesn’t get to build twice. A gateway of this kind, in this day and age, has the potential to change the way the country relates to the region, the way tourism is developed, and the way trade logistics are handled. In fact, the first phase is capable of serving 13 million ...
By Mehmet Enes Beşer There has been a long vision of a more radiant future conceptualized for Cambodian economic transformation into an upper-middle-income economy by 2030 and a high-income economy by 2050. Visions are consistent with Cambodia’s revolutionary turnaround from half a century of war and turbulence and irrevocable dynamism over the last two decades of poverty alleviation and social ...
By Mehmet Enes Beşer Cambodia comes to a juncture in its development journey. Three decades of rapid GDP growth led by garments, construction, and tourism have ended, and Cambodia now confronts a daunting set of domestic and international challenges. Its near-term economic goals—to become an upper-middle-income country in the 2030s and a high-income country by 2050—are ambitious but feasible. To ...
By Mehmet Enes Beşer Cambodia stands at a pivotal moment in its development journey, striving to transition from a low-income to an upper-middle-income country by 2030. This ambitious goal necessitates not only rapid economic growth but also a focus on inclusivity, sustainability, and resilience. The nation’s trajectory is influenced by various factors, including economic diversification, environmental challenges, and geopolitical dynamics. ...
By Mehmet Enes Beşer Cambodia’s Ream Naval Base has emerged as a fulcrum of Southeast Asia’s geopolitically charged politics, the fine dance of great power politics and national interests. Bloating Cambodia-China relations at the base have surprised regional actors and great powers and sent shivers down their spines, striking a chord with widespread sentiments against China’s expanding presence in the ...
By Mehmet Enes Beşer Cambodia’s economy is especially marked by the prevalence of the US dollar usage in conjunction with the country’s official currency, the Riel. Dollarization is a persistent economic issue that is both positive and negative to the country’s economic sovereignty and policy space. The determinants, impacts, and potential policies of de-dollarization need to be understood in order ...
Despite its geographical proximity to China, which became the center of the new coronavirus’ spread in early 2020. The virus spread slowly in the region for the first two months of the year, but there has been explosive growth in cases since mid-March. Thailand: royal isolation In October 2019, Thailand was ranked sixth by the WHO in terms of preparedness ...