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As of spring 2017, Mongolia needs foreign and domestic investments more than ever. This is because Mongolia is on the …, accelerated the impact. Mongolia is a land-locked country between two powerful neighbors, Russia and China, with an extraordinary … potential on account of its untapped resource wealth. For the past twenty-five years, Mongolia has embraced the forms of a …
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Mongolia's mass privatization program was implanted in a country that lacked the very basic institutions of capitalism …
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the effect of mass privatization. We present a detailed picture of those relations for Mongolia, which has implemented a …Mass privatization is the centerpiece of policies aiming to sever the old links between state and enterprise and to … comprehensive voucher-privatization scheme. The state interacts with enterprises in multifarious ways, many inconsistent with the …
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To ascertain the degree to which enterprises have soft budgets and to find the causes of softness, we surveyed 251 privatized Mongolian enterprises, asking whether state aid was expected when financial difficulties arose. One-quarter of the enterprises face soft budgets, a large proportion of...
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The success of mass privatization requires either that new owners are active in corporate affairs or that the original … ownership and the extent of voice and exit in one transition country, Mongolia. We document the size of the ownership changes … (through mergers, spin-offs, and stock sales) occurring since privatization and examine which owners are changing in importance …
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