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Persistent link: https://www.econbiz.de/10003934748
In 2014, economic growth slowed as it began to adjust to unsustainable economic imbalances. Real GDP growth softened to 7 percent in the first 9 months, from 12.8 percent in the previous year. Despite strong mining production growth of 26 percent, the growth of the non-mining sector of the...
Persistent link: https://www.econbiz.de/10012564466
biggest mine development) looming in Mongolia's near future. We modified the PEP-1-t model and calibrated it to the IMF …
Persistent link: https://www.econbiz.de/10012834080
Mongolia's transition strategy is unique in Asia and has been accompanied by very high levels of poverty. For these … relationship between these policy choices and the evidence on which they were based. The salient features of Mongolia, its … there has been poverty reduction in Mongolia although this is based on a 'trickledown' effect and the reduction would have …
Persistent link: https://www.econbiz.de/10012708736
lingering in Mongolia as positivity rates remain high and borders largely closed. An export-led recovery which began in mid-2020 …, is gathering steam due to booming prices for Mongolia's exports. Nevertheless, domestic demand, labor markets and the … vulnerabilities: public debt has sharply increased, bank balance sheets have further weakened, and the Bank of Mongolia's (BOM …
Persistent link: https://www.econbiz.de/10012697024
-cyclical economic management over the last two years. Mongolia may also face a downside risk from an uncertain global economic …
Persistent link: https://www.econbiz.de/10012560473
In 2012, Mongolia's economy continued to experience a high growth rate of 12.3 percent. This growth rate was however … lower than anticipated as Mongolia saw its coal exports drop significantly due to China's economic slowdown. Most noticeably …, Mongolia had to finance a large fiscal deficit of 8.4 percent of gross domestic product (GDP), a record in the last 13 years …
Persistent link: https://www.econbiz.de/10012560588
Mongolia was one of the East Asian economies hardest hit by the global downturn, as copper prices collapsed and … of 2008 and 2009 were the external shocks which were transmitted to Mongolia's economy. This shock exposed underlying …
Persistent link: https://www.econbiz.de/10012561139
This report discusses Mongolia's increasing dependence on mining revenues and the associated vulnerability to boom and … country dynamics. The Bank could modify its support better correspond to Mongolia's realities, such as taking into account …
Persistent link: https://www.econbiz.de/10012557826
The report provides the details of the assessment on Mongolia’s Poverty Reduction Strategy Paper. It describes the … economic growth acceleration and poverty reduction efforts. It describes the transition period of Mongolia, demographic trends …
Persistent link: https://www.econbiz.de/10014406297