The explosion of informal entrepreneurial activity during Mongolia's transition to a market economy represents one of the most visible signs of change in this expansive but sparsely populated Asian country. To deepen our understanding of Mongolia's informal sector during the transition, the...

Mongolia's informal sector has expanded far more quickly during the transition than its formal sector, largely because of greater ease of entry into the informal sector. Current policy discourages entry into the formal sector. The explosion of informal entrepreneurial activity during Mongolia's...