(CamEd Business School, December 30, 2016) Douglas Mani-Kandt
“Cambodia is a poor country.” This is a statement commonly heard amongst both residents and travelers in Cambodia. And, to a large extent, it is true: the average income in Cambodia as of 2015 was $1070 (as measured by per capita Gross National Income) (World Bank, 2016). But what does “being poor” mean?