As is the case in most LDC economies, macroeconomic statistics on the
economy were at best unreliable, if available at all. Statistics on national
income gathered from the World Bank are in nominal terms, and therefore
cannot be used in relation to other years. In 1989, Cambodia was among the
socialist countries that underwent change in light of the end of the Cold War or the “end of history,” to use Francis Fukuyama’s phrase