The Cambodian Debt Trap? A Study of the Relationship between Remittance and Household Debt.

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The Cambodian Debt Trap? A Study of the Relationship between Remittance and Household Debt.

Post by CEOCambodiaNews » Wed Mar 13, 2019 8:40 pm

Interesting study and link below.

The Cambodian Debt Trap? A Study of the Relationship between Remittance and Household Debt.
13 March 2019
The study found that families receiving remittances saw an average increase in debt of 6 percent.
WASHINGTON DC — Remittances sent home by Cambodian migrant workers result in their families falling deeper into debt as they become more prone to borrowing, a study has found.

The report, “The Cambodia Debt Trap? A Study of the Relationship Between Remittance and Household Debt”, published in January by the Future Forum think tank, found that households that received more remittance payments tended to rely more heavily on loans from banks, microfinance institutions, and private lenders.
Document here: https://docs.voanews.eu/en-KH/2019/03/1 ... 12ec80.pdf
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