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CAMBODIAS ECONOMIC DEVELOPMENT IN HISTORICAL PERSPECTIVE:
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Content Inside: CAMBODIAS ECONOMIC DEVELOPMENT IN HISTORICAL PERSPECTIVE: A Contribution to the Study of Cambodias Economy Sophal Ear Department of Economics University of California Berkeley Ronald E. McNair Scholar Academic Achievement Division FAX: 775-878-0116 E-mail: sophal@cal.berkeley.edu URL: http://www.csua.berkeley.edu/sophal August 1995 2 CONTENTS Preface and Dedication 3 Acknowledgments 4 Chapter 1: Introduction 5 Chapter 2: Theories of Economic Growth 11 Chapter 3: A Brief History of Cambodias Ante-bellum Economy 33 Chapter 4: The Post-Sihanouk Cambodian Economy 65 Chapter 5: Conclusion 85 Appendix: Chapters V and VI of the 1993 Cambodian Constitution 95 Bibliography 97 Copyright (c) 1995 by Sophal Ear. All rights reserved. 3 PREFACE This study is the revised version of my original undergraduate economics thesis Cambodias Economic Development and History (March 22 1995). To distinguish this version I have retitled it Cambodias Economic Development in Historical Perspective. As promised in the preface to my original thesis I have integrated Remy Prudhommes quintessential LEconomie du Cambodge (1969). I add to this August 1995 version three new models of economic growth: a demand-driven Keynesian model the foreign-aid specific Two-Gap model and the Endogenous Growth model of technology. I have also added several anecdotes from personal correspondence and an appendix containing portions of the 1993 Cambodian Constitution. These additions among many others were implemented in the Summer of 1995 under a research grant provided by the McNair Scholars program at UC Berkeley. My faculty mentor for the Summer was Agricultural Resource Economics Professor Alain de Janvry. I hope that if you conclude anything at all upon reading this thesis it is this: more needs to be written on the Cambodian economy. Sophal Ear August 1995 DEDICATION This thesis is dedicated to a nation still in mourning: to all of Cambodia. 4 ACKNOWLEDGMENTS The genesis for research on th ...
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