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Economic Globalization and Economic Challenges facing Cambodia

Prof. Widyono will highlight the global shifts in economic and political power over the last 500 years, starting from colonialism and the industrial revolution to a total domination of the World Economy by the United States after World War II. He will then highlight the dynamic shifts in economic power since the 1980s resulting in China overtaking the United States as the largest economy in the world at the end of 2014. In this connection, Prof. Widyono will highlight the dynamic interplay between the United States and China in the recent summits of APEC in Beijing and the ASEAN and East Asian summits in Myanmar and their implications on ASEAN Economic Integration and on the Cambodian economy in particular.

Dr. Benny Widyono is currently a professor of Economics at the University of Connecticut. He is also an advisor at Leopard Capital Limited partnership and a trustee at the Center for Khmer Studies (CKS) and the People Improvement organization. (PIO) in Cambodia,. Previously, Dr. Widyono served as a United Nations diplomat in Thailand, Chile, New York and Cambodia, In Cambodia he was a peacekeeper with UNTAC from 1992 to 1993, and then returned to Cambodia as the UN Secretary-General’s Personal Representative from 1994-1997. Dr. Widyono published his book “Dancing in the Shadows: Sihanouk, the Khmer Rouge, and the United Nations in Cambodia” while he was a visiting scholar at Cornell University. It has been translated into Khmer and Chinese.

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