Criteria of a prosperous economy

These are the criteria showing a prosperous economy:

1- High level of salaries with an abundance of jobs for the

population

2- High level of taxes (up to 50% of GDP) with a well 

managed national budget

3- Developed infrastructures and social services

4- A developed welfare system.

In present Cambodia, all the four criteria show a weak and mismanaged economy: low salaries and high unemployment, low taxes collected in a dubious tax system, poor infrastructures and social services, no welfare system whatsoever. Taxes represent only 20% of GDP but corruption prevents an effective allocation of resources. The country’s leaders therefore rely on foreign aid and external loans while intensively selling natural resources.

Data Sourc: National Rescue Party