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(单词翻译:双击或拖选)
A new United Nations report says Cambodia needs to diversify1 the economy to help protect vulnerable groups, such as women workers, from downturns.
Ron Corben | Bangkok 24 November 2009
Young shoe vendor2 waits for customers at the Central Market in Phnom Penh (file photo)
Cambodia's Elite3 Suspected of Pocketing Millions from Oil, Mineral Deals
"The quicker we can do to improve competitiveness, the economic diversification4 the better chance we will recover from the economic downturn," research consultant5 Chan Sophal says.
A new United Nations report says Cambodia needs to diversify the economy to help protect vulnerable groups, such as women workers, from downturns. The report also calls for the government to see the current slump6 as an opportunity to speed up structural7 changes.
The United Nations Development Program urges the Cambodian government to shift away from relying on the garment industry, which is vulnerable to sharp economic shocks such as the recent financial crisis.
The report, released this week, focuses on Cambodia's challenges; the country has been among those in Asia hit hardest by the collapse8 in global exports.
It says the poor, especially those in debt, have felt the pain the most.
The garment sector9 accounts for about 70 percent of Cambodia's export income. The United States is the leading market but exports there fell by over 22 percent in the past year because of the recession.
Nearly all of the workers in Cambodia's garment factories are women, mostly from rural areas. At least 50 factories have closed in the past year, and more than 60,000 workers lost their jobs.
Chan Sophal, lead research consultant on the report, said Tuesday the lack of alternatives means more Cambodian women must work in the entertainment industry. The United Nations Inter-Agency Project on human trafficking sees more young women entering the industry.
"Karaoke parlor10, the massage11 places and the beer promotion12 industry, and all of those have women at risk in terms of being a disguised sex worker and at the exposure of diseases," Chan said.
The global downturn also hit Cambodia's construction industry, tourism businesses and migrant workers.
But the UNDP report says the crisis should be seen as an opportunity that spurs efforts to address structural weaknesses in the economy.
Chan Sophal says the report calls for institutional reforms, and more equity13 in public spending to lift the economy and reduce the effects of external shocks.
"This crisis may represent an opportunity for the government to speed up the structural reforms which takes time - but now we have no time," Chan said. "The quicker we can do to improve competitiveness, the economic diversification the better chance we will recover from the economic downturn."
Recently, the International Monetary14 Fund said garment exports from Cambodia would fall by as much as 15 percent this year.
However, the Asian Development Bank forecasts that the economy will grow just over three percent next year, as the global recovery takes hold and increases clothing exports and tourism arrivals.
1 diversify | |
v.(使)不同,(使)变得多样化 | |
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2 vendor | |
n.卖主;小贩 | |
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3 elite | |
n.精英阶层;实力集团;adj.杰出的,卓越的 | |
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4 diversification | |
n.变化,多样化;多种经营 | |
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5 consultant | |
n.顾问;会诊医师,专科医生 | |
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6 slump | |
n.暴跌,意气消沉,(土地)下沉;vi.猛然掉落,坍塌,大幅度下跌 | |
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7 structural | |
adj.构造的,组织的,建筑(用)的 | |
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8 collapse | |
vi.累倒;昏倒;倒塌;塌陷 | |
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9 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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10 parlor | |
n.店铺,营业室;会客室,客厅 | |
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11 massage | |
n.按摩,揉;vt.按摩,揉,美化,奉承,篡改数据 | |
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12 promotion | |
n.提升,晋级;促销,宣传 | |
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13 equity | |
n.公正,公平,(无固定利息的)股票 | |
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14 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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