Tag Archives: GDP

Prime minister: Revise GDP calculation

PRIME Minister Hun Sen wants national economic growth to include the domestic output of women in individual families and small-scale agriculture, criticising recent estimates for therefore being incorrect in omitting such information. The premier requested that the National Institute of … Continue reading

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World Bank: Global economy to shrink in 2009 for the 1st time since WWII

WASHINGTON, March 8 (Xinhua) — The World Bank said on Sunday that the global economy will shrink in 2009 for the first time since World War Two and estimated developing countries face a financing shortfall of 270-700 billion dollars this … Continue reading

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Low garment sales, poor tourism to hit Cambodia-IMF

PHNOM PENH, March 6 (Reuters) – A slowdown in garment exports and a drop in the number of tourists could cause Cambodia’s economy to shrink 0.5 percent this year, the International Monetary Fund said on Friday. That is a big … Continue reading

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Deficit a risky business during global crisis

Asian leaders maintain that the region is in better shape than other areas of the world. Do you believe that Asia will escape the worst effects of the crisis? Asia has two major problems – current accounts deficits are rising … Continue reading

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