UID:
almafu_9958110152202883
Format:
1 online resource (40 p.)
ISBN:
9781475529333
,
1475529333
,
9781475557541
,
147555754X
Series Statement:
IMF Staff Country Reports
Content:
This paper presents the second postprogram monitoring discussions on Mongolia’s economic developments. The Mongolian economy is undergoing a rapid expansion underpinned by strong commodity prices. Macroeconomic policies have been too expansionary, and the economy is overheating. A steady erosion of fiscal discipline, set against a backdrop of heightened global economic risks, has raised the risk of macroeconomic instability. There is an urgent need to reorient policies to contain overheating and strengthen the economy’s ability to endure deterioration in the global environment.
Note:
Description based upon print version of record.
,
Cover; Contents; I. Background; II. Policy Discussions; A. The Economy is Overheating; Box; 1. Large Mining Projects; Figures; 1. Macroeconomic Developments; 2. Monetary and Exchange Rate Developments; 3. Comparing Now and Then; B. Fiscal Policy has Returned to the Boom-Bust Ways of the Past; C. Monetary Policy has been Tightened, but More Needs to be Done; 4. Banking System; III. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2009-12; 2. Summary Operations of the General Government, 2009-12
,
3. Statement of Operations and Stock Positions of the General Government, 2009-124. Monetary Aggregates, 2009-12; 5. Balance of Payments, 2009-12; 6. Selected Economic and Financial Indicators, 2008-16; Contents; I. Fund Relations; II. Statistical Issues; III. Main Websites of Data
,
English
Additional Edition:
ISBN 9781475505061
Additional Edition:
ISBN 147550506X
Additional Edition:
ISBN 9781475502374
Additional Edition:
ISBN 1475502370
Language:
English
