Although Cambodia is one of Asia’s smallest and poorest economies—in the Association of Southeast Asian Nations (ASEAN) only Burma’s per capita purchasing power is lower—changes in its environment for business and trade since the turn of the millennium have been rapid and dramatic. Insiders and outsiders alike are increasingly recognizing the country’s economic potential as a range of new investment and infrastructure projects evince growing confidence and opportunity.

Cambodia is highly dependent on agriculture: the agricultural sector is responsible for more than 30 percent of GDP and provides employment for more than 70 percent of people who are employed (ADB 2011). Given such high dependence on agriculture, an important question is, "How will Cambodia be affected by climate change, especially the agricultural sector?" Climate change, by definition, will alter temperature and rainfall patterns.

The author argues that the democratic reform in Myanmar is rooted in profound internal and external factors. Since the beginning of the reform, the changes in Myanmar have taken tolls in a series of China’s existing interests inside the country. Economically, Chinese investments have come under increasing scrutiny, criticism, and even oppositions, threatening the viability of strategic projects such as the oil and gas pipelines. Politically, the initial success of the democratic reform in Myanmar raises questions about Beijing’s continuous resistance to reform.

Land distribution to the poor is discussed in the broader context of the Cambodian land reform which is considered to follow a liberal approach based on the re-introduction of private property rights in land following Cambodia’s socialist period. This approach has produced good results for providing private land titles for existing land use on state private land but has turned out to be quantitatively ineffective in the distribution of state public land for the poor through social land concessions.

This publication presents the first nationwide analysis of land concessions and leases in the Lao PDR. It comes at a pivotal moment after investment in land has expanded significantly throughout the country, sparking increased dialogue and a greater level of scrutiny regarding the impacts of this expan- sion, both inside the Government of the Lao PDR (GoL) and throughout wider civil society. Investment in land, particularly foreign direct investment, has been championed as an effective development tool by a number of actors.

Land deals are frequently agreed in secret between governments and investors. This lack of transparency in the allocation of land fosters an environment where elite capture of natural assets becomes the norm, where human rights are routinely abused with impunity, where environmental destruction is ignored and where investment incentives are stacked against companies willing to adhere to ethical and legal principles.

We draw on empirical results from three case studies of property rights change across forest and fisheries ecosystems in central Vietnam to investigate the circumstances under which collective property rights may make sense. A generic property rights framework was used to examine the bundles of rights and associated rights holders in each case, and to assess these arrangements with regard to their contextual fit, legitimacy and enforceability.

This paper investigates the real financial consequences of investing in land with disputed tenure rights. It demonstrates that companies which ignore the issue of land tenure expose themselves to substantial, and in some cases extreme, risks. Using case study analysis, the paper connects ground-up financial thinking with empirical reality. In so doing, it makes a strong case for the need to integrate tenure-related risks more comprehensively into our financial architecture.

ABSTRACTED FROM SUMMARY OF OBJECTIVES: This study aims to examine the validity of some of the concerns expressed in Cambodia over the potential effects of FDI in agriculture on local communities and their environment. Initially, it investigates the extent and nature of FDI in agriculture and its sub-sectors, including crops, livestock, food processing, forestry and fisheries. It then analyses the policy and regulatory environment and institutions governing and facilitating such FDI, as well as prevailing business models, in the acquisition of agricultural land.

ABSTRACTED FROM THE INTRODUCTION: Foreign investment in agriculture has expanded since 2005, although the figures remain modest. The Cambodian government has prioritized investment in the sector, and an important part of the government strategy has been its policies on land concessions. A 2005 sub-decree sets out the procedures, mechanisms and institutional arrangements for offering economic land concessions (ELCs), with the objective of improving crop diversity, productivity, and employment, among other benefits. By 2009, just over a third of ELCs had gone to foreign investors.

Most of the land reforms of recent decades have followed an approach of “formalization and capitalization” of individual land titles (de Soto 2000). However, within the privatization agenda, benefits of unimproved land (such as land rents and value capture) are reaped privately by well-organized actors, whereas the costs of valorization (e.g., infrastructure) or opportunity costs of land use changes are shifted onto poorly organized groups. Consequences of capitalization and formalization include rent seeking and land grabbing.