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00:04 Between 2009 and 2019,

00:07 Cambodia experienced a decade of growth,

00:10 poverty reduction,

00:11 and shared prosperity.

00:13 Cambodia's rapid economic growth from 2009 to 2019,

00:17 combined with structural change,

00:19 grew workers' earnings and reduced poverty.

00:22 That growth boosted income and standard of living broadly.

00:26 Poverty rates almost halved between 2000.

00:29 9 and 2019 to 2020 from 33.8% to 17.8%.

00:35 Almost 2 million Cambodians escaped poverty,

00:39 many of whom lived in rural areas.

00:41 Rising non-farm earnings contributed most to poverty reduction.

00:46 Cambodia's economic growth success was built on a few export-oriented sectors,

00:51 including tourism,

00:52 agriculture.

00:53 Garments,

00:54 and more recently a booming construction sector.

00:57 This growth supported structural transformation

01:00 toward more productive sectors,

01:02 creating better paying manufacturing and services jobs.

01:05 Workers were able to move out of low paying agriculture

01:09 into these better paying sectors and boost their earnings.

01:12 Living conditions and access to basic services also improved.

01:17 Households.

01:17 With access to electricity more than tripled from 26% in 2009 to 86% in 2019 to 2020.

01:27 Access to improved water almost doubled from 44% in 2009 to 74% in 2019-2020,

01:35 and access to improved sanitation more than doubled from 35%

01:40 to 83%.

01:42 Maternal and child health improved substantially as comprehensive health

01:46 services scaled up along with pro-poor social assistance.

01:50 In 2019-2020,

01:53 almost 9 in 10 primary school aged boys and girls were enrolled,

01:57 making young Cambodians more educated and literate than their parents.

02:02 Living conditions and access to basic

02:04 services improved most for rural households,

02:07 helping Cambodia.

02:08 To narrow urban rural gaps.

02:11 However,

02:11 there are low income and rural households still lagging

02:14 in access to basic services and earning opportunities.

02:18 Rural areas such as Tonle Sap,

02:20 plateaus,

02:21 and mountains continue to have high rates of poverty.

02:25 Northern provinces remain among the poorest,

02:27 while large numbers of poor people are

02:29 concentrated in the southeast and northwest provinces.

02:33 Many Cambodians were in a Precarious economic position before the pandemic

02:38 and vulnerable to falling back into poverty when exposed to shocks.

02:42 In 2020,

02:43 the COVID-19 pandemic hit Cambodia hard.

02:47 Cambodia's economy contracted 3.1%,

02:50 the sharpest decline in Cambodia's recent history and

02:53 among the most pronounced in East Asia.

02:56 The pandemic reversed about two years of poverty reduction

02:59 in 2020,

03:01 increasing.

03:01 The poverty rate by 2.8% points and

03:05 pushing around 460,000 individuals into poverty.

03:10 Low skilled workers and low income households were most affected by declines

03:14 in household income due to employment loss and reduced hours and wages.

03:18 To support the efforts of Cambodia to have a more inclusive and resilient recovery,

03:23 the Cambodia Poverty Assessment of 2022 has suggested some policy.

03:28 Actions.

03:28 This includes leveraging cash transfers to protect poor and vulnerable

03:33 households and support their longer term recovery and resilience,

03:37 strengthening Cambodia's post-pandemic social protection system,

03:41 investing in people through health and education,

03:44 diversifying Cambodia's growth model,

03:47 and strengthening the redistributive effect of fiscal policy

03:51 and financing poverty reduction strategies sustainably.

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transcript
Between 2009 and 2019, Cambodia experienced a decade of growth, poverty reduction, and shared prosperity. Cambodia's rapid economic growth from 2009 to 2019, combined with structural change, grew workers' earnings and reduced poverty. That growth boosted income and standard of living broadly. Poverty rates almost halved between 2000. 9 and 2019 to 2020 from 33.8% to 17.8%. Almost 2 million Cambodians escaped poverty, many of whom lived in rural areas. Rising non-farm earnings contributed most to poverty reduction. Cambodia's economic growth success was built on a few export-oriented sectors, including tourism, agriculture. Garments, and more recently a booming construction sector. This growth supported structural transformation toward more productive sectors, creating better paying manufacturing and services jobs. Workers were able to move out of low paying agriculture into these better paying sectors and boost their earnings. Living conditions and access to basic services also improved. Households. With access to electricity more than tripled from 26% in 2009 to 86% in 2019 to 2020. Access to improved water almost doubled from 44% in 2009 to 74% in 2019-2020, and access to improved sanitation more than doubled from 35% to 83%. Maternal and child health improved substantially as comprehensive health services scaled up along with pro-poor social assistance. In 2019-2020, almost 9 in 10 primary school aged boys and girls were enrolled, making young Cambodians more educated and literate than their parents. Living conditions and access to basic services improved most for rural households, helping Cambodia. To narrow urban rural gaps. However, there are low income and rural households still lagging in access to basic services and earning opportunities. Rural areas such as Tonle Sap, plateaus, and mountains continue to have high rates of poverty. Northern provinces remain among the poorest, while large numbers of poor people are concentrated in the southeast and northwest provinces. Many Cambodians were in a Precarious economic position before the pandemic and vulnerable to falling back into poverty when exposed to shocks. In 2020, the COVID-19 pandemic hit Cambodia hard. Cambodia's economy contracted 3.1%, the sharpest decline in Cambodia's recent history and among the most pronounced in East Asia. The pandemic reversed about two years of poverty reduction in 2020, increasing. The poverty rate by 2.8% points and pushing around 460,000 individuals into poverty. Low skilled workers and low income households were most affected by declines in household income due to employment loss and reduced hours and wages. To support the efforts of Cambodia to have a more inclusive and resilient recovery, the Cambodia Poverty Assessment of 2022 has suggested some policy. Actions. This includes leveraging cash transfers to protect poor and vulnerable households and support their longer term recovery and resilience, strengthening Cambodia's post-pandemic social protection system, investing in people through health and education, diversifying Cambodia's growth model, and strengthening the redistributive effect of fiscal policy and financing poverty reduction strategies sustainably.
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worldbank/Cambodia Poverty English 11.11.22
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Cambodia Poverty English 11 11 22
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Cambodia Poverty English 11 11 22
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Cambodia Poverty Assessment 2022: Toward a More Inclusive and Resilient Cambodia
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