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Mongolia: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper analyzes economic development in Mongolia during 1997–99. Economic performance in 1997 was impressive. Aided by strong political support for rapid reform and a generally favorable external environment, financial policies were tightened, and significant reductions in inflation were achieved. Broad-based structural reforms were also undertaken, including steps to restore confidence in the banking system. However, conditions changed abruptly in 1998 as deterioration in the external environment and domestic political problems combined to erode the momentum for reform.

Suggested Citation

  • International Monetary Fund, 1999. "Mongolia: Selected Issues," IMF Staff Country Reports 1999/004, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1999/004
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    Cited by:

    1. Enkhbayar Shagdar, 2007. "NEO-Liberal "Shock Therapy" Policy During the Mongolian Economic Transition," Discussion papers 0703e, ERINA - Economic Research Institute for Northeast Asia.
    2. Enkhbayar Shagdar, 2007. "モンゴル経済移行期における新自由「ショック療法」政策," Discussion papers 0703, ERINA - Economic Research Institute for Northeast Asia.

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