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.
Take Hun Sen out and than aleast we can try new way of run the country!
ReplyDeleteTake Hun Sen out and than atleast we can try a new way to run the country!
ReplyDeleteKnow any thing call Income tax?
ReplyDelete