Growth and Recovery in Mongolia During Transition:

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 ""transform...

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Bibliographische Detailangaben
1. Verfasser: Cheng, Kevin C. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2003
Schriftenreihe:IMF Working Papers Working Paper No. 03/217
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Zusammenfassung: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
Beschreibung:1 Online-Ressource (27 p)
ISBN:1451875134
9781451875133

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