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Author/Editor:
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Black, Stabley W.
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Publication Date:
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March 01, 2001
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Electronic Access:
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Free Full text
(PDF file size is 528KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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Summary:
The obstacles to economic growth in Mongolia are modeled with a supply-side growth model calibrated to represent inefficient use of resources and intermediation. Progressive removal of inefficiencies over time by means of privatization of banks and industrial enterprises potentially leads to increased productivity and increased capital accumulation, raising economic growth and per capita output.
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Series:
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Working Paper No. 01/37
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Subject(s):
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Transition economies | Economic growth | Mongolia | Capital | Labor | Privatization | Economic models
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Author's Keyword(s):
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Transition | Growth | Mongolia |
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