Cambodia’s remarkable economic development in recent decades has been driven in large part by its garment industry, accounting for nearly 16% of the Kingdom’s annual GDP and over 80% of exports.
However, events in recent months have also shone a light on the dangers of this success, with the fragility of the Cambodian economy as a result of lack of diversification becoming starkly apparent.
The garment sector has been rocked by a string of disasters – from the partial withdrawal of the EU’s Everything but Arms trade privileges due to what the bloc labelled a deterioration in democracy and human rights, to the more recent global economic downturn caused by Covid-19 that has resulted in factory closures and job losses en masse.
In full: https://southeastasiaglobe.com/upcycling-cambodian-garment-sector/
