Title Mongolia's economic prospects : resource-rich and landlocked between two giants / edited by Matthias Helble, Hal Hill, and Declan Magee

Published Manila, Philippines : Asian Development Bank, 2020 ©2020

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Description 1 online resource (xx, 296 pages) : color illustrations, color map Contents Cover -- Title -- Copyright -- Contents -- Tables, Figures, and Boxes -- Foreword -- Acknowledgments -- Author Profiles -- Abbreviations -- 1. The Economy: An Overview -- 1.1 Economic Overview -- 1.2 Economic Performance -- 1.3 Summary and Policy Recommendations -- 2. Macroeconomic Management -- 2.1 Macroeconomic Management Challenges -- 2.2 Fiscal Policy and the Framework to Govern Resource Revenue -- 2.3 Monetary and Exchange Rate Policy -- 2.4 Financial Development in Support of Growth and Diversification -- 2.5 Policy Recommendations and Conclusions 3. Managing the Natural Resource Abundance -- 3.1 Mining Overview -- 3.2 Fiscal Resource Revenue -- 3.3 Revenue Management -- 3.4 Foreign Direct Investment and Job Creation -- 3.5 Policy Recommendations and Conclusions -- 4. Economic Diversification Beyond Mining -- 4.1 Diversifying the Economy and Expanding Exports -- 4.2 Export Bottlenecks: Company Perspectives -- 4.3 Policy Recommendations and Conclusions -- 5. International Dimensions of National Development: Trade, Foreign Direct Investment, and Labor Migration -- 5.1 Policy Context: From Plan to Market 5.2 Trade Orientation and Balance of Payments Position -- 5.3 Export Performance -- 5.4 Foreign Direct Investment -- 5.5 Labor Migration and Remittances -- 5.6 Policy Recommendations and Conclusions -- 6. Infrastructure and Connectivity -- 6.1 The Legacy -- 6.2 Transport -- 6.3 Power Sector -- 6.4 Communications and Internet Services -- 6.5 Hard and Soft Infrastructure -- 6.6 Infrastructure Planning and Financing -- 6.7 Policy Recommendations and Conclusions -- 7. The Business Climate: Institutions and Governance -- 7.1 Political Institutions, Risks, and Governance 7.2 Policy Recommendations and Conclusions -- 8. Living Standards, Labor Market, and Social Development -- 8.1 Living Standards -- 8.2 Labor Market -- 8.3 Social Development -- 8.4 Policy Recommendations and Conclusions -- References Bibliography Includes bibliographical references (pages 278-296) Subject Natural resources -- Mongolia -- Management -- Forecasting Economic history Economic history -- Forecasting International economic relations SUBJECT Mongolia -- Economic conditions -- 21st century Mongolia -- Economic conditions -- Forecasting Mongolia -- Foreign economic relations -- Asia Subject Asia Mongolia Form Electronic book Author Helble, Matthias, editor. Hill, Hal, 1948- editor. Magee, Declan, editor. Asian Development Bank, .publisher. ISBN 9789292622497 9292622498

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