IDEAS home Printed from https://ideas.repec.org/p/lvl/mpiacr/2019-26.html
   My bibliography  Save this paper

Uncertainties in the Mongolian Economy in the Near Future

Author

Listed:
  • Ragchaasuren Galindev
  • Delgermaa Begz
  • Tsolmon Baatarzorig
  • Unurjargal Davaa
  • Nyambaatar Batbayar
  • Oyunzul Tserendorj

Abstract

This paper examines the impact of three shocks (a commodity-price drop, fiscal expansion, and the termination of the biggest mine development) looming in Mongolia’s near future. We modified the PEP-1-t model and calibrated it to the IMF’s recent projections in a business-as-usual scenario. The alternative scenarios for the Mongolian economy, considering these shocks, suggest that the impacts may be significant.

Suggested Citation

  • Ragchaasuren Galindev & Delgermaa Begz & Tsolmon Baatarzorig & Unurjargal Davaa & Nyambaatar Batbayar & Oyunzul Tserendorj, 2020. "Uncertainties in the Mongolian Economy in the Near Future," Working Papers MPIA 2019-26, PEP-MPIA.
    • Handle: RePEc:lvl:mpiacr:2019-26
    as

    Download full text from publisher

    File URL: https://portal.pep-net.org/document/download/34641
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    CGE model; Mongolian economy; Commodity price; Fiscal policy;
    All these keywords.

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lvl:mpiacr:2019-26. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Manuel Paradis (email available below). General contact details of provider: https://edirc.repec.org/data/cdvlvca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.