Mongolia : 2011 Article IV consultation : staff report, staff supplement, public information notice on the Executive Board discussion, and statement by the Executive Director for Mongolia /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2011.
Description:1 online resource (61 pages)
Language:English
Series:IMF country report ; no. 11/76
IMF country report ; no. 11/76.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499127
Hidden Bibliographic Details
Varying Form of Title:Mongolia, 2011 Article IV consultation
Other authors / contributors:International Monetary Fund, issuing body.
ISBN:1283554992
9781283554992
9781455230112
1455230111
9781455286553
1455286559
9781455230136
1455230138
Notes:Online resource; title from PDF title page (IMF Web site, viewed June 28, 2011).
Summary:1. Context. The Mongolian economy was hit hard by the global economic crisis, due to its high dependence on mineral exports and a history of pro-cyclical macroeconomic policies. By early 2009, the economy was on the verge of collapse: the central bank was running out of international reserves, the budget deficit was not financed, inflation was in the double digits, and the banking system was under stress. An 18-month Stand-by Arrangement (SBA) was approved on April 1, 2009, which succeeded in quickly stabilizing the economy thanks to the authorities' steadfast policy implementation, financial support from the donor community, and a rebound in global copper prices.
Other form:Print version: International Monetary Fund. Mongolia : 2011 Article IV consultation : staff report, staff supplement, public information notice on the Executive Board discussion, and statement by the Executive Director for Mongolia. Washington, District of Columbia : International Monetary Fund, ©2011 approximately 62 pages IMF country report ; Number 11/76 9781455230136
Standard no.:10.5089/9781455230112.002
Table of Contents:
  • Cover; Contents; I. Background; II. Policy Discussions; Figures; 1. Macroeconomic Developments; 2. Policy Developments; Boxes; 1. Considerations for Raising Interest Rate; 2. General Equilibrium Model: Simulating a Mineral Boom; 3. Cross-Country Perspective; III. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2009-12; 2. Summary Operations of the General Government, 2009-12; 3. Monetary Aggregates, 2009-12; 4. Balance of Payments, 2009-12; 5. Selected Economic and Financial Indicators, 2008-16; Contents; I. Fund Relations; II. World Bank-IMF Collaboration.
  • III. Relations with the Asian Development BankIV. Statistical Issues; V. Millennium Development Goals; VI. Main Websites of Data.