Mongolia A Centrally Planned Economy in Transition

by Horayangura, Bhanuphol; Moinuddin, Khaja H.; Rana, Pradumna B.; Walter, Graham M.; Murray, Bruce; Bohun, Vladimir; Ruzicka, Ivan; Shrestha, Omkar L.

• ISBN13: 9780195858938
• ISBN10: 019585893X
• Format: Hardcover
• Copyright: 1993-03-18
• Publisher: Oxford University Press

Summary

This book is based mainly on the findings of the Asian Development Bank's first economic mission to Mongolia. It begins with a comprehensive review and analysis of Mongolia's economy over the past several decades. It then focuses on the economic reforms that have been undertaken since themid-1980s to transform the economy from a centrally planned system to a market-driven system. Detailed time series data on economic and social indicators are included.

Table of Contents

List of Tables and Figures
Foreword
Preface
Map of Mongolia
Basic Data
Abbreviations and Acronyms
Measurements
Macroeconomic Assessments
Country Profile	p. 3
Natural Resources	p. 4
Political Developments	p. 5
Political Reforms	p. 6
Administrative System	p. 7
Economic Planning System	p. 9
Review of Plan Performance	p. 10
Economic and Social Development	p. 12
Historical Background	p. 13
National Income Aggregates and Structural Changes	p. 19
Trends in Savings and Investments	p. 24
Economic Developments, 1986-1991	p. 22
Trends in Wages and Employment	p. 26
Lessons of the Past and Implications for the Future	p. 29
Financial Sector	p. 32
Banking Reforms and Present Structure	p. 33
Recent Trends in Money Supply, Credit and Deposits	p. 35
Assessment of Policy Reforms	p. 43
Public Finance and Fiscal Policy	p. 45
Trends in Revenue and Expenditure	p. 46
Issues in Fiscal Policy	p. 58
External Sector	p. 63
New Convertible Currency Trade Regime and Its Impact	p. 65
Overview of Balance of Payments	p. 66
Recent Trends in Current Transactions	p. 67
Capital Account	p. 73
External Debt	p. 75
Exchange Rate Policies	p. 76
Assessment of Reforms	p. 77
Economic Reforms, Development Issues and Prospects	p. 80
Economic Reform Program	p. 81
Issues in Short-term Economic Management	p. 89
Structural Issues	p. 90
Prospects	p. 92
Sectoral Assessments
Agriculture Sector	p. 97
Resources, Constraints and Past Developments	p. 98
Organizational Structure and Policy Outline	p. 101
Livestock Subsector	p. 105
Crop Production Subsector	p. 106
Marketing, Storage and Processing of Agricultural Products	p. 107
Issues and Agenda for Policy Reform	p. 108
Industry Sector	p. 111
Structural Change	p. 112
Recent Trends in Industrial Output	p. 113
Trends in Industrial Investment	p. 114
Industry and Trade	p. 114
Productivity and Performance	p. 115
Recent Sectoral Reform Policies	p. 116
Issues and Approach to Sector Reform	p. 118
Social Infrastructure Sector	p. 121
Health Subsector	p. 121
Education Subsector	p. 125
Water Supply Subsector	p. 131
Transport and Communications Sectors	p. 133
Transport Sector	p. 134
Communication Sector	p. 150
Energy Sector	p. 157
Energy Sources	p. 158
Energy Use	p. 161
Issues	p. 168
Natural Resources and Environment	p. 173
Natural Resource Base	p. 173
Pattern of Economic Development and Its Impact on the Environment	p. 179
Issues	p. 184
Agenda for Action	p. 189
Statistical Appendix	p. 191
Table of Contents provided by Blackwell. All Rights Reserved.