Regional Workshop on Beef markets and trade in China and Southeast Asia Cambodia country profile
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Macro&drivers&and&priori.es&
! Major drivers of economic and industry change
! Cambodia has enjoyed a decade of macroeconomic stability and growth. ! GDP growth was at 7.4% in 2013
! Government priorities
! The economic reforms initiated in the mid-1980s towards a market economy, including the liberalisation of domestic markets and privatisation of state-owned companies.
! Socio-economic importance
! The livestock industry contributes to about 12.8% of the agriculture GDP and approximately 6 % of total GDP ! Livestock, especially cattle, support the livelihoods of around 1.4 million smallholders by providing draught power, means of transport, organic fertiliser, meat, and as an asset and source of savings.
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