Mongolia: 2012 Article IV consultation and third post-program monitoring = Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring
Gespeichert in:
| Format: | Elektronisch E-Book |
|---|---|
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C.
International Monetary Fund
2012
|
| Schriftenreihe: | IMF country report
no. 12/320 |
| Schlagworte: | |
| Online-Zugang: | FLA01 |
| Beschreibung: | Online resource; title from PDF title page (IMF Web site, viewed Dec. 3, 2012). - "November 2012." |
| Beschreibung: | 1 online resource (66 pages) color illustrations |
| ISBN: | 1475579586 9781475579581 |
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| 505 | 8 | |a Mongolia has made impressive progress in developing its economy over the past ten years. Medium-term prospects are promising as mining output is projected to expand by more than 20 percent per annum, on average, over the next five years. However, the prospects for sustained, rapid and inclusive non-mineral growth depend on the implementation of the stability-oriented fiscal framework that has been adopted in the aftermath of the 2008/09 balance of payments (BOP) crisis. This framework was designed to dampen volatility, mitigate risks to economic and financial stability, and strengthen long-term natural resource management. The expansionary fiscal policy of the past year is causing double-digit inflation and BOP pressures. Public spending needs to be reined in, in order not to risk undermining stability and growth prospects, and in view of Mongolia's vulnerability to a downturn in commodities exports | |
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| contents | Mongolia has made impressive progress in developing its economy over the past ten years. Medium-term prospects are promising as mining output is projected to expand by more than 20 percent per annum, on average, over the next five years. However, the prospects for sustained, rapid and inclusive non-mineral growth depend on the implementation of the stability-oriented fiscal framework that has been adopted in the aftermath of the 2008/09 balance of payments (BOP) crisis. This framework was designed to dampen volatility, mitigate risks to economic and financial stability, and strengthen long-term natural resource management. The expansionary fiscal policy of the past year is causing double-digit inflation and BOP pressures. Public spending needs to be reined in, in order not to risk undermining stability and growth prospects, and in view of Mongolia's vulnerability to a downturn in commodities exports |
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| dewey-sort | 3332.1 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| id | DE-604.BV045356428 |
| illustrated | Illustrated |
| indexdate | 2024-07-10T08:15:51Z |
| institution | BVB |
| isbn | 1475579586 9781475579581 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-030743020 |
| oclc_num | 820036623 |
| open_access_boolean | |
| physical | 1 online resource (66 pages) color illustrations |
| psigel | ZDB-4-EBU ZDB-4-EBU FLA_PDA_EBU |
| publishDate | 2012 |
| publishDateSearch | 2012 |
| publishDateSort | 2012 |
| publisher | International Monetary Fund |
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| series2 | IMF country report |
| spelling | Mongolia 2012 Article IV consultation and third post-program monitoring = Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring Washington, D.C. International Monetary Fund 2012 1 online resource (66 pages) color illustrations txt rdacontent c rdamedia cr rdacarrier IMF country report no. 12/320 Online resource; title from PDF title page (IMF Web site, viewed Dec. 3, 2012). - "November 2012." Mongolia has made impressive progress in developing its economy over the past ten years. Medium-term prospects are promising as mining output is projected to expand by more than 20 percent per annum, on average, over the next five years. However, the prospects for sustained, rapid and inclusive non-mineral growth depend on the implementation of the stability-oriented fiscal framework that has been adopted in the aftermath of the 2008/09 balance of payments (BOP) crisis. This framework was designed to dampen volatility, mitigate risks to economic and financial stability, and strengthen long-term natural resource management. The expansionary fiscal policy of the past year is causing double-digit inflation and BOP pressures. Public spending needs to be reined in, in order not to risk undermining stability and growth prospects, and in view of Mongolia's vulnerability to a downturn in commodities exports International Monetary Fund fast International Monetary Fund Mongolia Economic development fast Economic indicators fast Fiscal policy fast Monetary policy fast Economic development Mongolia Fiscal policy Mongolia Monetary policy Mongolia Economic indicators Mongolia International Monetary Fund Sonstige oth |
| spellingShingle | Mongolia 2012 Article IV consultation and third post-program monitoring = Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring Mongolia has made impressive progress in developing its economy over the past ten years. Medium-term prospects are promising as mining output is projected to expand by more than 20 percent per annum, on average, over the next five years. However, the prospects for sustained, rapid and inclusive non-mineral growth depend on the implementation of the stability-oriented fiscal framework that has been adopted in the aftermath of the 2008/09 balance of payments (BOP) crisis. This framework was designed to dampen volatility, mitigate risks to economic and financial stability, and strengthen long-term natural resource management. The expansionary fiscal policy of the past year is causing double-digit inflation and BOP pressures. Public spending needs to be reined in, in order not to risk undermining stability and growth prospects, and in view of Mongolia's vulnerability to a downturn in commodities exports International Monetary Fund fast International Monetary Fund Mongolia Economic development fast Economic indicators fast Fiscal policy fast Monetary policy fast Economic development Mongolia Fiscal policy Mongolia Monetary policy Mongolia Economic indicators Mongolia |
| title | Mongolia 2012 Article IV consultation and third post-program monitoring = Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring |
| title_alt | Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring |
| title_auth | Mongolia 2012 Article IV consultation and third post-program monitoring = Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring |
| title_exact_search | Mongolia 2012 Article IV consultation and third post-program monitoring = Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring |
| title_full | Mongolia 2012 Article IV consultation and third post-program monitoring = Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring |
| title_fullStr | Mongolia 2012 Article IV consultation and third post-program monitoring = Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring |
| title_full_unstemmed | Mongolia 2012 Article IV consultation and third post-program monitoring = Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring |
| title_short | Mongolia |
| title_sort | mongolia 2012 article iv consultation and third post program monitoring mongolia staff report for the 2012 article iv consultation and third post program monitoring |
| title_sub | 2012 Article IV consultation and third post-program monitoring = Mongolia, staff report for the 2012 Article IV consultation and third post-program monitoring |
| topic | International Monetary Fund fast International Monetary Fund Mongolia Economic development fast Economic indicators fast Fiscal policy fast Monetary policy fast Economic development Mongolia Fiscal policy Mongolia Monetary policy Mongolia Economic indicators Mongolia |
| topic_facet | International Monetary Fund International Monetary Fund Mongolia Economic development Economic indicators Fiscal policy Monetary policy Economic development Mongolia Fiscal policy Mongolia Monetary policy Mongolia Economic indicators Mongolia |
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