Australian Broadcasting Corporation
The World Bank says Cambodia continues to face a wide wealth gap that is leaving rural villagers poor, despite growing prosperity in the cities and the country's strong economic performance overall.
At a release of an equity report, the Bank says the income of the richest has grown by about six-times the rate of the poorest during the last decade.
It says this has led to a rapid rise in inequality in the country which the bank believes is not structurally destabilising.
It warns, however, that land management has emerged as a particularly troubling problem, with ownership concentrated in the hands of a very small number of people.
The bank says rampant corruption and a lack of credible land records, most of which were destroyed by the Khmer Rouge in the late 1970s, have made land disputes increasingly common in Cambodia.
At a release of an equity report, the Bank says the income of the richest has grown by about six-times the rate of the poorest during the last decade.
It says this has led to a rapid rise in inequality in the country which the bank believes is not structurally destabilising.
It warns, however, that land management has emerged as a particularly troubling problem, with ownership concentrated in the hands of a very small number of people.
The bank says rampant corruption and a lack of credible land records, most of which were destroyed by the Khmer Rouge in the late 1970s, have made land disputes increasingly common in Cambodia.
3 comments:
Take Hun Sen out and than aleast we can try new way of run the country!
Take Hun Sen out and than atleast we can try a new way to run the country!
Know any thing call Income tax?
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