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Globalization


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1. Globalization And

Employment2. Dollarization3. Investment


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Cambodia is borderedby Thailand to thenorthwest, Laos to thenortheast, Vietnam tothe east, and the Gulf ofThailand to the

southwest With a totallandmass of 181,035square kilometers

GEOGRAPHY


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Population: 14,701,717 (July 2011)

Cambodia is a member of the UnitedNations, the World Bank and theInternational Monetary Fund. It is amember of the Asian Development Bank

(ADB), ASEAN, and joined the WTO onOctober 13, 2004.

HDI (2004), 0.583 (medium)

HDI (2010), 0.59 (medium)

Minimum wage in 2004 is 45 USD/month


GLOBALIZATION ANDEMPLOYMENT


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POLITICS

Kingdom of Cambodia is aconstitutional monarchy

which was established in1993. Head of state isNorodom Sihamoni king.Head of Government is

Prime Minister who isappointed by the King.

G O O


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Population: 14,701,717 (July 2011)

Cambodia is a member of the UnitedNations, the World Bank and theInternational Monetary Fund. It is amember of the Asian Development Bank

(ADB), ASEAN, and joined the WTO onOctober 13, 2004.

HDI (2004), 0.583 (medium)

HDI (2010), 0.59 (medium)



GLOBALIZATION ANDEMPLOYMENT


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Sector Cambodia Phnom Penh Other Urban Other Rural

2004 2007 2004 2007 2004 2007 2004 2007

Agriculture 58.7% 58.1% 2.3% 1.1% 39.3% 30.9% 67.0% 67.8%

Industry 13.8% 14.7% 20.2% 13.5% 11.5% 15.4% 13.4% 14.8%

Service 27.5% 27.2% 77.5% 85.3

%

49.2% 53.7% 19.6% 17.4%

Total 100% 100% 100% 100% 100% 100% 100% 100%

Employment by Sector in 2004 and 2007

Total employment in 2004, 7.5 millionTotal employment in 2007, 8.8 million


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Cambodia Phnom Penh Other Urban Other Rural

2004 2007 2004 2007 2004 2007 2004 2007

Unemployment

Rate

Total 5.85% 3.06% 11.17% 5.37% 6.12% 5.73% 5.10% 2.47%

Male 4.10% 1.89% 9.62% 3.85% 3.93% 4.38% 3.37% 1.33%Female 7.58% 4.26% 12.80

%

6.96% 8.34% 7.33% 6.78% 3.61%

Participation

Rate

Total 83.94

%

82.88

%

73.47

%

69.56

%

80.96

%

77.91

%

86.16

%

85.48

%

Male 88.15

%

89.27

%

79.31

%

76.72

%

83.97

%

84.51

%

90.41

%

91.77

%Female 80.17

%

77.24

%

68.16

%

63.34

%

78.12

%

71.27% 82.41

%

80.00

%

Table 2 Unemployment and Participation Rate


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ADVANTAGE OF GLOBALIZATIONIN EMPLOYMENT

Increase employment

Improve wage Enhance Professional skill of

employee

Transform Agricultural laborinto Industrial labor andService labor


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DISADVANTAGE OFGLOBALIZATION IN EMPLOYMENT

Child labor is increasing

Employees work for longhours for little pay.

Safety of employees is not

respected. Lack of qualified labor for

technical industry.

Globalization end the hopesof many children and mademany adults poorer instead ofricher.

Child labor 2000-2009*, total 45%

Child labor 2000-2009*, male 45%

Child labor 2000-2009*, female 45%

Child marriage 2000-2009*, total 23%

Child marriage 2000-2009*, urban 18%

Child marriage 2000-2009*, rural 25%

Birth registration 2000-2009*, total 66%

Birth registration 2000-2009*, urban 71%

Birth registration 2000-2009*, rural 66%


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1. Reason

DollarizationGovernment did not

reform implement

currency

Take 90% sum of

moneys in now a dayand 97% bank depositcommunicans

Eradication ofinflation, reducinginterest

rates, budgetstabilization ...

limitations as there isno guarantee the

stability of the bankingsystem; side on economic policy and theimpact of U.S. economic

crisis.


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37% in USD

Transaction

Dollarization27% in Riel

10% in Thai baht

6% in VietNamdong

20% in many othercurrencies


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2.Campaign DevelopmentDollarizationDeposit in local currency or paid in riel

Increased use of the riel

Workers who go overseas tosend money to also be converted

into local currency

Set up valuation of goods and servicesin the Riel in local market.

The salary of workers in statecompanies, the tax should be paid byriel.


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Investment

GDP


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Investment

FDI


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FutureTextile Industry

Labor Right

Political Industry

Independent Economy


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Thanks for listening

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