Cambodia is a developing market economy that grew at an average rate of over 10 percent from 2004 to 2007, driven largely by an expansion in the garment sector, construction, agriculture, and tourism. Growth dropped to below 7% in 2008 and is estimated to have contracted by 2% in 2009 as a result of the global economic crisis. Roughly one-third of 13.3 million Cambodians live in poverty, however the government hopes to raise the living standard of citizens through one of the most liberal investment regimes in Asia.

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