Obtstacles to Faster Growth in Transition Economies: The Mongolian Case
AbstractThe obstacles to economic growth in Mongolia are modeled with a supply-side growth model calibrated to represent inefficient use of resources and intermediation. Progressive removal of inefficiencies over time by means of privatization of banks and industrial enterprises potentially leads to increased productivity and increased capital accumulation, raising economic growth and per capita output.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 01/37.
Date of creation: 01 Mar 2001
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-07-02 (All new papers)
- NEP-EFF-2006-07-02 (Efficiency & Productivity)
- NEP-FDG-2006-07-02 (Financial Development & Growth)
- NEP-MAC-2006-07-02 (Macroeconomics)
- NEP-TRA-2006-07-02 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Raymond Torres & John P. Martin, 1989. "Potential Output in the Seven Major OECD Countries," OECD Economics Department Working Papers 66, OECD Publishing.
- Ratna Sahay & Jeromin Zettelmeyer & Eduardo Borensztein & Andrew Berg, 1999. "The Evolution of Output in Transition Economies - Explaining the Differences," IMF Working Papers 99/73, International Monetary Fund.
- Anthony R. Boote, 1992. "Assessing Eastern Europe's Capital Needs," IMF Working Papers 92/12, International Monetary Fund.
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