This paper explores the impact of government and consumer decisions made in a major developed country like the United States of America on political, economic, and social conditions in a smaller developing country like the Kingdom of Cambodia. Specifically, the paper attempts to demonstrate what effect, if any, decisions in USA housing sector on employment in the Cambodia.
Inhaltsverzeichnis (Table of Contents)
- Abstract
- Exploring Casual Relationships between US Government and Private Consumer Decisions on the Short-term Rise and Fall of the Cambodian Garment Industry
- Historical Background of the US Interconnection with the Cambodian Garment Industry
- The United States - Cambodia Bilateral Trade Agreement 1999-2005
- The United States Housing Crisis
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper aims to advocate for the inclusion of globalization education in developed nations' curricula, demonstrating how governmental and consumer decisions impact developing economies. It uses the Cambodian garment industry's rise and fall (1999-2010) as a case study to illustrate this impact.
- Impact of US government and consumer decisions on developing economies.
- The role of globalization in interconnected economic systems.
- The Cambodian garment industry's boom and bust cycle.
- Consequences of US trade agreements and economic policies on Cambodia.
- The ripple effects of the US housing crisis on global economies.
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction proposes integrating globalization education into curricula to highlight the global ramifications of economic decisions. The paper then examines the US-Cambodia bilateral trade agreement (1999-2005), detailing the growth of Cambodia's garment industry during this period and its dependence on the US market. The impact of the US housing crisis on Cambodia’s garment industry is also explored, demonstrating a link between seemingly distant events and their global consequences.
Schlüsselwörter (Keywords)
Casual relationships, Cambodian garment industry, globalization, US economic policy, international trade, US housing crisis, developing economies, Cambodia GDP.
- Quote paper
- Eric Coggins (Author), 2011, Exploring Causal Relationships Between the US Economy and Cambodian Garment Industry, Munich, GRIN Verlag, https://www.grin.com/document/182740
