Obtstacles to Faster Growth in Transition Economies: The Mongolian Case

Stabley Black

No 2001/037, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; production function; firm; government; Transition; Growth; Mongolia; transition economy; government policy; savings behavior; savings equation; bank restructuring bond; government saving; government ownership; Public expenditure review; Real wages; Domestic savings; Labor share; Western Europe (search for similar items in EconPapers)
Pages: 20
Date: 2001-03-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=4028 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:2001/037

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().