[PDF] The Mongolian Economy eBook

Author : F. I. Nixson
Publisher : Edward Elgar Publishing
Page : 296 pages
File Size : 46,20 MB
Release : 2000
Category : Business & Economics
ISBN :

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Mongolian and British economists present the first detailed analysis of the shock-therapy approach to economic transition that the remote Asian government adopted in 1990. They look at macroeconomic performance, the agriculture and industry sectors, the labor market, and the emerging financial sector from such perspectives as poverty, gender, privatization, and the environment. They find that policy makers have exacerbated the transition process by underestimating its complexity and by pursuing inappropriate, or at best overly optimistic, policy reforms. The treatment is revised and extended from a volume published in Mongolia in 1999. Annotation copyrighted by Book News Inc., Portland, OR

Author : Rebecca M. Empson
Publisher : UCL Press
Page : 178 pages
File Size : 18,51 MB
Release : 2020-06-01
Category : Social Science
ISBN : 1787351467

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Almost 10 years ago the mineral-rich country of Mongolia experienced very rapid economic growth, fuelled by China’s need for coal and copper. New subjects, buildings, and businesses flourished, and future dreams were imagined and hoped for. This period of growth is, however, now over. Mongolia is instead facing high levels of public and private debt, conflicts over land and sovereignty, and a changed political climate that threatens its fragile democratic institutions. Subjective Lives and Economic Transformations in Mongolia details this complex story through the intimate lives of five women. Building on long-term friendships, which span over 20 years, Rebecca documents their personal journeys in an ever-shifting landscape. She reveals how these women use experiences of living a ‘life in the gap’ to survive the hard reality between desired outcomes and their actual daily lives. In doing so, she offers a completely different picture from that presented by economists and statisticians of what it is like to live in this fluctuating extractive economy.

Author : Matthias Helble
Publisher : Asian Development Bank
Page : 293 pages
File Size : 12,62 MB
Release : 2020-06-01
Category : Business & Economics
ISBN : 9292622498

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This publication examines Mongolia’s recent economic development and outlines reforms that would help the country take advantage of its many opportunities. Mongolia is rich in natural resources and, although landlocked, is well-placed to boost trade with its two giant neighbors. The country needs to diversify its economy beyond mining, enhance economic stability, and increase employment. To maximize Mongolia’s potential the government can improve macroeconomic management, enhance the skill base, and provide hard and soft infrastructure to promote trade and efficient logistics. Governance and institutional reforms are also crucial. The government will need to continue to drive reforms so that they are well implemented and deliver the intended change.

Author : Julia Bersch
Publisher : International Monetary Fund
Page : 18 pages
File Size : 39,14 MB
Release : 2011-04-01
Category : Business & Economics
ISBN : 1455226092

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This paper compares the output gap estimates for Mongolia based on a number of different methods. Special attention is paid to the substantial role of mining in the Mongolian economy. We find that a Blanchard and Quah-type joint model of output and inflation provides a more robust estimate of the output gap for Mongolia than the traditional statistical decompositions.

Author : Yoshitaka Hosoi
Publisher : Springer Nature
Page : 202 pages
File Size : 39,76 MB
Release : 2022-11-09
Category : Business & Economics
ISBN : 9811955158

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This book is a compass for resource rich-developing countries, taking Mongolia as a case study. Policy aspects of the development of the mining sector in developing countries such as Mongolia and its impact on the economy and society are reviewed. The book deals with specific industry policies and challenges identified by policy makers, its characteristics and policy recommendations moving forward with an emphasis on the importance of evidence-based policy making (EBPM). It begins with the country’s development strategy and the role of the mining industry, highlighting the fact that major strategic and policy documents still suffer from ambiguity and clear guidance as well as gaps in policy directions. The book also highlights the need for policy makers to improve transparency initiatives. Authors emphasize transparency or lack thereof in mining contracts, taxation, trading, and marketing and provide specific policy recommendations and alternative policy actions. The macroeconomic and social impact of the mining sector and the role of foreign direct investment is also discussed. Particularly, utilizing in-house economic analytical tools, the role and impact of resource revenue management policy in Mongolia is evaluated. Further, the impact of mining projects on the livelihood of local households as well as the importance of obtaining a social license to operate is discussed. This monograph is recommended for readers who want an in-depth comprehensive understanding of the mining sector, EBPM, and key lessons learned in managing natural resources in Mongolia.

Author : Elizabeth Milne
Publisher : International Monetary Fund
Page : 96 pages
File Size : 30,21 MB
Release : 1991-03-15
Category : Business & Economics
ISBN :

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This paper is based on an IMF staff report prepared in connection with the application of the Mongolian People's Republic (Mongolia) for membership in the International Monetary Fund. It reviews Mongolia's political and economic history, highlighting its changing economic structure following World War II and its recent efforts to introduce market mechanisms.

Author : World Bank
Publisher : World Bank Publications
Page : 206 pages
File Size : 38,84 MB
Release : 1992
Category : Business & Economics
ISBN :

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This report, the World Bank's first overall review of the Mongolian economy, describes the economic pressures that surfaced in 1991 and the various measures taken by the government since then. The report gives an introductory background, assess recent economic developments and policy issues, and the country's development prospects in the medium term. The report was originally presented to the Bank's Board of Executive Directors in December 1991. Although this version has been updated, the revisions have been limited. While the economy is changing rapidly, and most recent data and policy developments have not been included, this analysis of structure and past trends of the economy is expected to be of interest to those working on reforming socialist economies in general, and Mongolia in particular.