Hidden Bibliographic Details
Other authors / contributors: | Winglee, Peter.
International Monetary Fund.
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ISBN: | 9781451826760
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Notes: | Restrictions unspecified Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | This paper describes economic developments in Mongolia during the 1990s. Real GDP grew by a robust 6 percent in 1995, but this success proved to be short lived. The sharp improvement in the terms of trade in 1995 boosted incomes and eased the financial constraints of the budget, enterprises, and banks. This enabled the government to delay price adjustments for electricity, heating, fuels, and key foods. Although measured inflation was cut from the 50-60 percent range in 1995 to less than 30 percent in mid-1996, the underlying inflation pressures remained.
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Other form: | Print version: Mongolia, recent economic developments. Washington, D.C. : International Monetary Fund, ©1997
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