The Effects of Globalization in Cambodia

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THE EFFECTS OF GLOBALIZATION IN CAMBODIA Thousands years ago, people live and did their businesses inside their own country because it was so hard for them to mobilize from places to places. However, with the advanced technology, people found it easier and faster to travel by cars, airplane, or ships to different places all around the world. According to a description of Chinese missionary visited Cambodia in the 3rd century, people were doing trade with Indian people since 1st century. At the same time, Cambodian society and people were also influenced by Indian culture and religion. This is the evidence of the effects of globalization in Cambodia in the past, but now we would like to rise up the effects of globalization in Cambodia in the present day as we have a very strong internationally interdependence, integration, and interaction. There are three leading factors that Cambodia has been affected by globalization: the economic, culture, and politics. One of the most visible effects is the rapid economic growth which is mainly contributed by two sectors: tourism and investment. In this 21st century, tourism is growing very fast and plays an important role in Cambodia economy. It is one of the main sources of national income. The most important positive economic effects of tourism are as follows: increase in budget revenues, production expansion, stimulation of investments, and improvement in the population’s welfare like employment creation for the local people. Also, we notice that there are more and more investors come to invest in this country because of its potential natural resources and economical labor force expense. Another effect is the great cultural changes. Globalization has impacted education which is now available to remote cultures that previously did not have access. There are many international scholarship and exchange programs available for
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