Obtstacles to Faster Growth in Transition Economies: The Mongolian Case

 
Author/Editor: Black, Stabley W.
 
Publication Date: March 01, 2001
 
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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
 
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.
 
Series: Working Paper No. 01/37
Subject(s): Transition economies | Economic growth | Mongolia | Capital | Labor | Privatization | Economic models

Author's Keyword(s): Transition | Growth | Mongolia
 
English
Publication Date: March 01, 2001
ISBN/ISSN: 1934-7073 Format: Paper
Stock No: WPIEA0372001 Pages: 19
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