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To ascertain the prevalence of soft budgets and to find causes of softness, we surveyed Mongolian enterprises, asking whether state aid was expected when financial difficulties arose. One-quarter of enterprises expected soft-budgets, a large proportion of which have central government ownership....
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The explosion of informal entrepreneurial activity during Mongolia's transition to a market economy represents one of … Mongolia's informal sector during the transition, the author merges anecdotal experience from qualitative interviews with hard … activity in Mongolia, estimates that are surprisingly consistent with each other. He evaluates four types of reasons for the …
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