The story of agricultural policy in Northeast Asia over the past 50 years illustrates the dramatic changes that can occur in distortions to agricultural incentives faced by producers and consumers at different stages of economic development.
SUMMARY: In the last 30 years, the context of development in Cambodian has gone through dramatic changes. A succession of transitions characterised by a complete restructuring of institutional and socio-economic frameworks have resulted in a singular situation. Cambodian society remains largely agrarian with land being a major safety net for a large majority of the population who depend on natural resources in their livelihood. Nevertheless, in the context of an industrializing economy, land-based resources are under the pressure of competing driving forces.
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