The authors examine the process of economic transformation in Mongolia, a huge, isolated, sparsely populated country. After identifying factors that led to formulation of a radical adjustment program in such an isolated country, they focus on Mongolia's innovative voucher privatization scheme, and the interplay between the speed of contraction in resource availability and that of the movement to a market economy. They show that the reform process...
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1992/12/31
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Documento de trabalho sobre pesquisa de políticas
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WPS1063
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1
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1
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2010/07/01
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Mongolia - Privatization and system transformation in an isolated economy
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Privatization
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