You are the newly elected prime minister of the Southeast Asian country Cambodia. Cambodia is a Buddhist, low-middle-income country with a GDP of between US$20-30 billion. Its GDP growth was rapid: 8% each year of the last decade. Still, the GDP's size is $5 billion smaller that Nepal's and a tenth (1/10th) of neighbor Vietnam's. The same leader has been its prime minister for 35 years. Its population is 16 million. Of that, almost 5 million people are 'near-poor', meaning although above the poverty line, are vulnerable to becoming poor again if there are economic and other shocks (like COVID-19). Though its capital city has shopping malls, nearly 80% of the population live in rural areas. Only 57% of its population finish secondary education (high school); a quarter do not have good access to water; a third do not have access to good sanitation (toilet and sewage). The economy was once almost entirely agricultural. Though less dependent on it, agriculture still makes up a quarter of its GDP. It mainly produces rice. Half the country is forest. Most of its economy is reliant on (i) exporting simple garments (women's wear, men's tshirts, sweaters) and (ii) tourism. The garment factories are largely owned by foreign corporations. Its tourists are mostly Chinese, Vietnamese and Thai. Unemployment is officially 'low'. But many Cambodians are actually 'underemployed': they have jobs that could be easily lost, or work for their family or are farmers but have no salary. The shock of COVID-19 has today severely affected its economy. Tourist arrivals has dried up, as has demand for its clothing exports. Can Cambodia be developed into a better economy of the future? Can it be a prosperous model for other developing countries? 1. Outline a development plan for Cambodia. Do not only propose clever ideas. Discuss also some of the challenges in implementing them, if possible. A prime minister like you should be realistic and balanced. To generate ideas, use: (i) the five structural changes to boost development (ii) the list of internal and external barriers to development that needs to be overcome (iii) ideas from the Youtube video (click here) on 'premature deindustrialisation', where several 'development models' are described could it adjust its exportoriented model, or use or combine it with other growth models? (iv) ideas from the Youtube videos you watched about how Japan and South Korea developed from being poor, rural societies.