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Author: Mr.Kevin C. Cheng
Publisher: International Monetary Fund
ISBN: 1451875134
Category : Business & Economics
Languages : en
Pages : 28
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Book Description
This paper studies Mongolia's experience of growth and recovery during the first decade of its transition to a market-based system and compares it with those of other transition economies. Mongolia, like most other transition economies, experienced a painful, initial "transformational recession" before the economy began to recover, with efficiency gains the main source of growth during the early stages of transition. Mongolia's transition process has been relatively smooth compared with other transition economies, probably reflecting the combined effects of some favorable initial conditions, coupled with the early adoption of appropriate adjustment policies and market-oriented reforms.
Author: Mr.Kevin C. Cheng
Publisher: International Monetary Fund
ISBN: 1451875134
Category : Business & Economics
Languages : en
Pages : 28
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Book Description
This paper studies Mongolia's experience of growth and recovery during the first decade of its transition to a market-based system and compares it with those of other transition economies. Mongolia, like most other transition economies, experienced a painful, initial "transformational recession" before the economy began to recover, with efficiency gains the main source of growth during the early stages of transition. Mongolia's transition process has been relatively smooth compared with other transition economies, probably reflecting the combined effects of some favorable initial conditions, coupled with the early adoption of appropriate adjustment policies and market-oriented reforms.
Author: Matthias Helble
Publisher: Asian Development Bank
ISBN: 9292622498
Category : Business & Economics
Languages : en
Pages : 293
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Book Description
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: Kevin C. Cheng
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 32
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Book Description
This paper studies Mongolia's experience of growth and recovery during the first decade of its transition to a market-based system and compares it with those of other transition economies. Mongolia, like most other transition economies, experienced a painful, initial "transformational recession" before the economy began to recover, with efficiency gains the main source of growth during the early stages of transition. Mongolia's transition process has been relatively smooth compared with other transition economies, probably reflecting the combined effects of some favorable initial conditions, coupled with the early adoption of appropriate adjustment policies and market-oriented reforms.
Author: Kevin Cheng
Publisher:
ISBN:
Category :
Languages : en
Pages : 27
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Book Description
This paper studies Mongolia's experience of growth and recovery during the first decade of its transition to a market-based system and compares it with those of other transition economies. Mongolia, like most other transition economies, experienced a painful, initial transformational recession before the economy began to recover, with efficiency gains the main source of growth during the early stages of transition. Mongolia's transition process has been relatively smooth compared with other transition economies, probably reflecting the combined effects of some favorable initial conditions, coupled with the early adoption of appropriate adjustment policies and market-oriented reforms.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 145182680X
Category : Business & Economics
Languages : en
Pages : 78
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Book Description
This 2002 Article IV Consultation highlights that Mongolia’s domestic economic performance was mixed during 2000–01 and in the first half of 2002. The severe winters of 2000–01 took a heavy toll on output and rural incomes. Real GDP growth is officially estimated to have declined to about 1 percent a year in 2000–01. Inflation rose to 111⁄2 percent in 2000, as the effects of weather-related decreases in food supplies and higher public utility tariffs were compounded by a 25 percent general increase in civil service wages.
Author: Branko Milanovi?
Publisher: World Bank Publications
ISBN: 9780821339947
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
World Bank Technical Paper No. 394. Joint Forest Management (JFM) has emerged as an important intervention in the management of Indias forest resources. This report sets out an analytical method for examining the costs and benefits of JFM arrangements. Two pilot case studies in which the method was used demonstrate interesting outcomes regarding incentives for various groups to participate. The main objective of this study is to develop a better understanding of the incentives for communities to participate in JFM.
Author: Elena Ianchovichina
Publisher: World Bank Publications
ISBN:
Category : Access to Finance
Languages : en
Pages : 39
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Book Description
Abstract: This paper uses a growth diagnostics approach à la Hausmann, Rodrik, and Velasco (HRV) to identify the most 'binding' constraints to private sector growth in Mongolia - a small, low-income, mineral-rich, transition economy. The approach of applying the HRV methodology is useful in those cases where a lack of data prevents us from estimating shadow prices to identify the most 'binding' constraint to growth. We find that although Mongolia is not liquidity constrained and has grown rapidly in recent years, economic growth has been narrowly based. Investment has flowed mainly into a small number of firms operating in mining and construction. The low level of private investment in sectors outside mining and construction has been due to low returns - a result of costly and unreliable transportation services; lengthy and complex transit procedures, including customs and trade rules; distortionary taxes; coordination failures, at both domestic and international levels; and growing corruption. Poor financial intermediation is also a problem that has kept the cost of finance high, although lower than in previous years. Alleviating these binding constraints will ensure that Mongolia maintains the path towards sustained, broad-based growth.
Author: Shoko Sakai
Publisher: Springer
ISBN: 4431549102
Category : Science
Languages : en
Pages : 201
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Book Description
This book presents an overview of current knowledge about social–ecological systems (SESs), a productive new field dedicated to understanding the relationships between human society and nature. To make the reader aware of how SESs are necessary to maintain our society, the book begins with a broad perspective about what social–ecological systems are and what the related research issues in this field are as well. The second part discusses how human activities have changed ecosystems from temperate grasslands to tropical areas. The third part focuses on the adaptability of societies to unpredictable fluctuation in ecosystems, while the last part summarizes factors for the resilience of society against social and ecological shocks. Human activities have severely degraded most natural ecosystems, which are now in critical condition. Various approaches have been developed to improve the SESs, to understand environmental problems and explore better ways to increase the sustainability both of ecosystems and of human societies. However, a clear perspective on how to address such problems is still lacking. Part of the difficulty arises because of the diversity and complexity of ecosystems and human societies. Another important factor is the effect of extremely rapid changes in the social and economic characteristics of social–ecological systems. Consequently, adaptability and resilience clearly are essential for the sustainability of SESs. Although there is no one, direct method to achieve high adaptability and resilience, a possible way is to compare and understand the diverse problems associated with differing social–ecological systems. This published work makes a useful contribution to a greater understanding of the way that essential social responses linked to changes in ecosystems can potentially stimulate further research on this important and interesting subject. The book will attract the attention of scholars in environmental sciences, ecology, and sociology, and indeed of anyone interested in the concept of social–ecological systems.
Author: Rebecca M. Empson
Publisher: UCL Press
ISBN: 1787351467
Category : Social Science
Languages : en
Pages : 180
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Book Description
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: Commission on Growth and Development
Publisher: World Bank Publications
ISBN: 0821374923
Category : Business & Economics
Languages : en
Pages : 198
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Book Description
The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.
