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Mongolia: Ex Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement

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  • International Monetary Fund

Abstract

To help economic adjustment in the midst of the global economic crisis, an 18-month Stand-By Arrangement (SBA) was supported by IMF resources. The cause of Mongolia’s crisis in 2008–09 and its resolution and design and outcomes of the program are also discussed. The trigger for Mongolia’s crisis was the collapse in the prices of its commodity exports—copper in particular. The program was concluded, having averted a full-blown crisis, and laid the foundation for further strengthening of the macroeconomic and financial policy framework.

Suggested Citation

  • International Monetary Fund, 2011. "Mongolia: Ex Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement," IMF Staff Country Reports 2011/077, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2011/077
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=24756
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    Cited by:

    1. Cristian, IONESCU, 2014. "The Role Of The Economic And Institutional Framework In Ensuring Financial Stability In Romania, During 2012-2014," Management Strategies Journal, Constantin Brancoveanu University, vol. 26(4), pages 230-242.

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