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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...
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biggest mine development) looming in Mongolia's near future. We modified the PEP-1-t model and calibrated it to the IMF …
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While Mongolia's economy is starting to slow from its brisk pace of recent years, the medium-term growth outlook …
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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
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
Strict implementation of social distancing, mobility restrictions, and quarantine measures have helped Mongolia contain …) shock also affected the structure and conditions of the labor market. Mongolia, like other countries, will need to … Mongolia faces in this regard is that the fiscal space to continue the generous support policies enacted during 2020 is quite …
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