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The Mongolian Economy
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Book Synopsis Subjective Lives and Economic Transformations in Mongolia by : Rebecca M. Empson
Download or read book Subjective Lives and Economic Transformations in Mongolia written by Rebecca M. Empson and published by UCL Press. This book was released on 2020-06-01 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Mongolia's Economic Prospects by : Matthias Helble
Download or read book Mongolia's Economic Prospects written by Matthias Helble and published by Asian Development Bank. This book was released on 2020-06-01 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Mongolian Economy by : F. I. Nixson
Download or read book The Mongolian Economy written by F. I. Nixson and published by Edward Elgar Publishing. This book was released on 2000 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Shaping Urban Futures in Mongolia by : RebekaRebekah Plueckhahn
Download or read book Shaping Urban Futures in Mongolia written by RebekaRebekah Plueckhahn and published by UCL Press. This book was released on 2020-03-25 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: What can the generative processes of dynamic ownership reveal about how the urban is experienced, understood and made in Ulaanbaatar, Mongolia? Shaping Urban Futures in Mongolia provides an ethnography of actions, strategies and techniques that form part of how residents precede and underwrite the owning of real estate property – including apartments and land – in a rapidly changing city. In doing so, it charts the types of visions of the future and perceptions of the urban form that are emerging within Ulaanbaatar following a period of investment, urban growth and subsequent economic fluctuation in Mongolia’s extractive economy since the late 2000s. Following the way that people discuss the ethics of urban change, emerging urban political subjectivities and the seeking of ‘quality’, Plueckhahn explores how conceptualisations of growth, multiplication, and the portioning of wholes influence residents’ interactions with Ulaanbaatar’s urban landscape. Shaping Urban Futures in Mongolia combines a study of changing postsocialist forms of ownership with a study of the lived experience of recent investment-fuelled urban growth within the Asia region. Examining ownership in Mongolia’s capital reveals how residents attempt to understand and make visible the hidden intricacies of this changing landscape.
Book Synopsis The Economy of Mongolia by : Tȯmȯriĭn Namzhim
Download or read book The Economy of Mongolia written by Tȯmȯriĭn Namzhim and published by . This book was released on 2000 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mongolia written by Julia Bersch and published by International Monetary Fund. This book was released on 2011-04-01 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Improving the Mongolian Labor Market and Enhancing Opportunities for Youth by : Howard J. Shatz
Download or read book Improving the Mongolian Labor Market and Enhancing Opportunities for Youth written by Howard J. Shatz and published by Rand Corporation. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on Mongolian and international data, RAND analyzed the Mongolian labor market and compared it internationally. Based on an original survey, this report also examines challenges young people face in employment and education in Mongolia.
Book Synopsis Challenges in Fiscal and Monetary Policies in Mongolia by : Hiroyuki Taguchi
Download or read book Challenges in Fiscal and Monetary Policies in Mongolia written by Hiroyuki Taguchi and published by Springer Nature. This book was released on 2023-02-11 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides quantitative evidence on the issues in fiscal and monetary policies in Mongolia and presents necessary policy recommendations for policymakers and academic circles. Mongolia belongs to a natural resource-based, transition economy and thus has faced the risk of the so-called resource curse—including the “Dutch Disease” and immaturity in market-based systems, particularly in financial markets. Consequently, reformations of resource allocation and policy governance in fiscal and monetary fields have been required. So far, however, there have been only a very limited number of quantitative studies in the Mongolian economy among the vast literature of Asian studies. This book applies scientific approaches to address fiscal and monetary issues, such as data-oriented and econometric methods (a structural vector auto-regression model, a spatial econometric model, and panel estimation with fixed effects, among others). In this manner, the book enriches empirical evidence in academic literature and also contributes to evidence-based policymaking. All the authors are young leaders of government officials in the Ministry of Finance, Financial Regulatory Commission, and National Statistics Office in Mongolia, who have been trained in academic research methodologies at Saitama University, Japan, on JICA-JDS scholarships. Thus, academic researchers and policymakers will be prominent members of the target audience for this work.
Book Synopsis The Mongolian People's Republic by : Elizabeth Milne
Download or read book The Mongolian People's Republic written by Elizabeth Milne and published by International Monetary Fund. This book was released on 1991-03-15 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Mongolia written by Ian Jeffries and published by Routledge. This book was released on 2007-03-16 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a full account of the key political and economic events in Mongolia, focusing on the period since the establishment of the Soviet-backed Mongolian People’s Republic in 1924 and the transition towards a democratic free market system since the collapse of the Soviet Union.
Download or read book Modern Mongolia written by Morris Rossabi and published by Univ of California Press. This book was released on 2005-04-25 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Land-locked between its giant neighbors, Russia and China, Mongolia was the first Asian country to adopt communism and the first to abandon it. When the Soviet Union collapsed in the early 1990s, Mongolia turned to international financial agencies—including the International Monetary Fund, the World Bank, and the Asian Development Bank—for help in compensating for the economic changes caused by disruptions in the communist world. Modern Mongolia is the best-informed and most thorough account to date of the political economy of Mongolia during the past decade. In it, Morris Rossabi explores the effects of the withdrawal of Soviet assistance, the role of international financial agencies in supporting a pure market economy, and the ways that new policies have led to greater political freedom but also to unemployment, poverty, increasingly inequitable distribution of income, and deterioration in the education, health, and well-being of Mongolian society. Rossabi demonstrates that the agencies providing grants and loans insisted on Mongolia's adherence to a set of policies that did not generally take into account the country's unique heritage and society. Though the sale of state assets, minimalist government, liberalization of trade and prices, a balanced budget, and austerity were supposed to yield marked economic growth, Mongolia—the world's fifth-largest per capita recipient of foreign aid—did not recover as expected. As he details this painful transition from a collective to a capitalist economy, Rossabi also analyzes the cultural effects of the sudden opening of Mongolia to democracy. He looks at the broader implications of Mongolia's international situation and considers its future, particularly in relation to China.
Download or read book Mongolia written by World Bank and published by Washington, D.C. : World Bank. This book was released on 1992 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis History of the Mongolian People’s Republic by : William A. Brown
Download or read book History of the Mongolian People’s Republic written by William A. Brown and published by BRILL. This book was released on 2020-05-18 with total page 930 pages. Available in PDF, EPUB and Kindle. Book excerpt: An annotated translation of the third volume of the detailed, comprehensive history of the Mongolian People’s Republic.
Book Synopsis Investment Guide for Mongolia by : Organisation for Economic Co-operation and Development
Download or read book Investment Guide for Mongolia written by Organisation for Economic Co-operation and Development and published by . This book was released on 2000 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Investment Guide provides an overview of the conditions for foreign direct investment in Mongolia.
Book Synopsis The State, Popular Mobilisation and Gold Mining in Mongolia by : Dulam Bumochir
Download or read book The State, Popular Mobilisation and Gold Mining in Mongolia written by Dulam Bumochir and published by UCL Press. This book was released on 2020-03-31 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mongolia’s mining sector, along with its environmental and social costs, have been the subject of prolonged and heated debate. This debate has often cast the country as either a victim of the ‘resource curse’ or guilty of ‘resource nationalism’. In The State, Popular Mobilisation and Gold Mining in Mongolia, Dulam Bumochir aims to avoid the pitfalls of this debate by adopting an alternative theoretical approach. He focuses on the indigenous representations of nature, environment, economy, state and sovereignty that have triggered nationalist and statist responses to the mining boom. In doing so, he explores the ways in which these responses have shaped the apparently ‘neo-liberal’ policies of twenty-first century Mongolia, and the economy that has emerged from them, in the face of competing mining companies, protest movements, international donor organizations, economic downturn, and local and central government policies.
Book Synopsis Economic Dependence of Mongolia on Minerals by : Yoshitaka Hosoi
Download or read book Economic Dependence of Mongolia on Minerals written by Yoshitaka Hosoi and published by Springer Nature. This book was released on 2022-11-09 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis From Natural Resource Boom to Sustainable Economic Growth by : Pranav Gupta
Download or read book From Natural Resource Boom to Sustainable Economic Growth written by Pranav Gupta and published by International Monetary Fund. This book was released on 2015-04-30 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some resource-rich developing countries are in the process of harnessing immense mining resources towards inclusive growth and prosperity. Nevertheless, tapping into natural resources could be challenging given the large front-loaded investment, volatile capital flows and exposure to global commodity markets. Public investment is needed to remove the often-large infrastructure gap and unlock the economic potential. However, too rapid fiscal outlays could push the economy to its limit of absorptive capacity and increase macro-financial vulnerabilities. This paper utilizes a structural model-based approach to analyze macroeconomic impacts of different public investment strategies on key fiscal and non-fiscal variables such as debt, consumption, sovereign wealth fund, and real exchange rates. We apply the model to Mongolia and draw policy recommendations from the analysis. We find that fiscal policy adjustment, particularly moderating infrastructure investment and optimizing investment efficiency is needed to maintain macroeconomic and external stability, as well as to boost the long-term sustainable growth for Mongolia.
