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Growth and recovery in Mongolia during transition

Author: Kevin C Cheng; International Monetary Fund. Asia and Pacific Department.
Publisher: Washington, D.C. : International Monetary Fund, 2003.
Series: IMF working paper, WP/03/217.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
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  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Cheng, Kevin C.
Growth and recovery in Mongolia during transition.
Washington, D.C. : International Monetary Fund, 2003
(OCoLC)53936336
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Kevin C Cheng; International Monetary Fund. Asia and Pacific Department.
ISBN: 1283517426 9781283517423 9781451919738 1451919735
OCLC Number: 647018360
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (26 pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Contents: ""Contents""; ""I. INTRODUCTION""; ""II. AN OVERVIEW OF MONGOLIA�S TRANSITION EXPERIENCE""; ""III. A GROWTH ACCOUNTING EXERCISE FOR MONGOLIA""; ""IV. COMPARISON WITH OTHER TRANSITION ECONOMIES""; ""V. CONCLUSIONS""; ""References""
Series Title: IMF working paper, WP/03/217.
Responsibility: Kevin C. Cheng.

Abstract:

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.

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