Ex-Thai prime minister H.E. Thaksin Shinawatra as an economic adviser to the Cambodian royal government and a private adviser to the Cambodian premier gave a lecture to more than 300 Cambodian economist experts here on Nov. 12.
His lecture was given at a conference on “Cambodia and the World after Financial Crisis”, co-organized by the Ministry of Economy and Finance and the Supreme National Economic Council.
In his opening address to invite H.E. Thaksin Shinawatra to give the lecture, Deputy Prime Minister H.E. Keat Chhon, minister of Economy and Finance, said H.E. Thaksin Shinawatra initiated many eye-catching policies. They affect the economy, public health, education, energy, social order, drug suppression and international relations.
“I think that there are a lot of things we can learn from H.E. Thaksin’s very recent and distinctive experiences in order to design our own policies to address the challenges posed by the crisis and bring our economy back to its high growth record,” the Cambodian minister of Finance said.
He also praised H.E. Thaksin in the office of ex-Thai prime minister for the reduction of rural poverty and introduction of universal healthcare in Thailand as “eye-catching policies that distinguished him from his predecessors”.
In his speech, H.E. Thaksin elaborated on the world economic situation, the world trend in the future and the preparation for the future with high technology played an important role in the world.
As regards Cambodia, he gave some recommendations on tourism development, agriculture, industry, property investment and the development of mineral resources.
He also encourages Cambodian government to continuing its past policies that have been applicable to the countries, such as micro financing policy, one village one product, investing in infrastructure, water and irrigation, legal system’s reform to accommodate the growth and the investment.
In the meantime, H.E. Thaksin appealed the small counties not to rely too much on big countries’ market like in the past in order to avoid becoming victims of the financial crisis. He also said there are signings that the development of the world economy in the future will be shift to Asia, such as China, India and the Middle East.