Challenges in Fiscal and Monetary Policies in Mongolia

Challenges in Fiscal and Monetary Policies in Mongolia - New Frontiers in Regional Science. Asian Perspectives

Hardback (13 Feb 2023)

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Publisher's Synopsis

This book provides quantitative evidence on the issues in fiscal and monetary policies in Mongolia and presents necessary policy recommendations for policymakers and academic circles. Mongolia belongs to a natural resource-based, transition economy and thus has faced the risk of the so-called resource curse-including the "Dutch Disease" and immaturity in market-based systems, particularly in financial markets. Consequently, reformations of resource allocation and policy governance in fiscal and monetary fields have been required. So far, however, there have been only a very limited number of quantitative studies in the Mongolian economy among the vast literature of Asian studies. 

This book applies scientific approaches to address fiscal and monetary issues, such as data-oriented and econometric methods (a structural vector auto-regression model, a spatial econometric model, and panel estimation with fixed effects, among others). In this manner, the book enriches empirical evidence in academic literature and also contributes to evidence-based policymaking. All the authors are young leaders of government officials in the Ministry of Finance, Financial Regulatory Commission, and National Statistics Office in Mongolia, who have been trained in academic research methodologies at Saitama University, Japan, on JICA-JDS scholarships. Thus, academic researchers and policymakers will be prominent members of the target audience for this work. 

Book information

ISBN: 9789811993640
Publisher: Springer Nature Singapore
Imprint: Springer
Pub date:
DEWEY: 332.49517
DEWEY edition: 23
Language: English
Number of pages: 224
Weight: 540g
Height: 235mm
Width: 155mm
Spine width: 16mm