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Fixing The Cambodian Agricultural Sector Efficient Funding to Increase Exports & Improve Quality of Life. Colin Cummings, Brett Williams, Kaey Somorin. The Cambodian Picture. Cambodian Facts. Government Constitutional monarchy & parliamentary representative democracy Population
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Fixing The Cambodian Agricultural SectorEfficient Funding to Increase Exports & Improve Quality of Life Colin Cummings, Brett Williams, KaeySomorin
Cambodian Facts • Government • Constitutional monarchy & parliamentary representative democracy • Population • 14.86 mm people • GDP • $14.8 bn • GNI per capita • $880-1,036
More Cambodian Facts 66% of Cambodians have clean water Over 80% of population are farmers & live in rural areas National poverty rate: 20.5%
Cambodian Agricultural Stats • Land: • Total within borders: 18.1 mm hectares • State owned: 14.5 mm hectares (80%) • 22% of all land utilized for farming • Land-to-worker ratio • 1 person : .465 hectares • Main harvests for export: Rice & Fish
Agricultural Sector Stats Cont’d • Largest Industry & Crop: Rice • 30% of GDP • 2.7 mm hectares used • Output: 8.4 mm tons • Goal: 1 mm tons for export by 2015 • 2nd largest: Fish (Inland Fishing) • Approx .4 tons of fish caught inland per year • $300-400 mm of revenue • Must be monitored for dangerous environmental effects (negative externality)
Agricultural Solutions • Intricate “small dam” system • Tone Sap Lake, along Mekong River • Benefits: • Fertile soil & irrigation opportunities along river • Environmentally sustainable inland fishing model • Gov’t reinvestment in economy • Stimulate growth • Increase exports & reinvest profits • Create sustainable agricultural infrastructure (irrigation)
Solutions Cont’d • Redistribution of farmland • Allocate available farmland • Give farmers equitable opportunities • Crop diversification • Help Cambodia diversify agricultural sector • Promote self-sustainability
More Solutions • Bring education & healthcare reform to rural areas • Result: agricultural sector becomes able to survive & prosper on its own