Trends in the Economic Development of Democratic Kampuchea (1975-1979)

Abstract.

The relevance of the study is conditioned by the need to examine individual historical stages of Cambodia's economic development to establish the basis for further improvement of the economic system. The purpose of the research was to analyse analytically the development of the economy of Democratic Kampuchea and the role of friendly countries in it. The study on the stated subject was conducted using general scientific theoretical research methods, in particular, methods of analysis, synthesis, and comparison. The article examines the economy of Democratic Kampuchea in the middle of the second half of the 70s. It is determined that after gaining full independence from the French colonialists, followed by the struggle for independence against the Americans, and then the Khmer Rouge era, there was a need to restore and improve the country's economy. The study described the general state of the key industries of Democratic Kampuchea, in particular, light, food, agricultural engineering, heavy, electronic, construction, forestry, chemical, rubber, and military; the principles of conducting trade relations with the countries of the socialist and capitalist camps, and the development features of agriculture under the rule of the Khmer Rouge. The results of the analysis showed that during this period the republic managed to restore agriculture and ensure its subsequent growth, and the updated industry was already fully functioning with the help of the friend countries. The practical value of the study is determined by the integral characteristic of the economic system of Democratic Kampuchea, which contributes to the functional solution of the economic problems of modern Cambodia

Keywords: agriculture, economic relations, industry, harvest statistics, socialist and capitalist ideologies

https://doi.org/10.52566/msu-econ.8(3).2021.102-116