Institutional and Structural Reforms for a Stronger and More Inclusive Recovery : Policy Note for Mongolia

The new government is taking office at the time when Mongolia and the world is faced with an unprecedented public health and economic crisis. The government is confronted with the difficult task of stabilizing the economy while laying the foundatio...

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Main Author:	World Bank
Format:	Policy Note
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	ECONOMIC RECOVERY ECONOMIC RESILIENCE CORONAVIRUS COVID-19 BANKING SECTOR REFORM INVESTMENT CLIMATE FISCAL GOVERNANCE ACCOUNTABILITY PUBLIC SECTOR REFORM
Online Access:	http://documents.worldbank.org/curated/en/669171596000225952/Institutional-and-Structural-Reforms-for-a-Stronger-and-More-Inclusive-Recovery http://hdl.handle.net/10986/34330

id	okr-10986-34330
recordtype	oai_dc
spelling	okr-10986-343302021-05-25T09:58:06Z Institutional and Structural Reforms for a Stronger and More Inclusive Recovery : Policy Note for Mongolia World Bank ECONOMIC RECOVERY ECONOMIC RESILIENCE CORONAVIRUS COVID-19 BANKING SECTOR REFORM INVESTMENT CLIMATE FISCAL GOVERNANCE ACCOUNTABILITY PUBLIC SECTOR REFORM The new government is taking office at the time when Mongolia and the world is faced with an unprecedented public health and economic crisis. The government is confronted with the difficult task of stabilizing the economy while laying the foundation for a sustainable recovery. In the short run, carefully calibrated macroeconomic policies are needed to ensure stability and mitigate acute risks of an external balance of payment crisis while reducing downside risks to growth and addressing the social impacts of the crisis. In the medium run, reinforcing macroeconomic policies would need to be accompanied by a credible structural and institutional reform program that addresses the central challenge of moving towards a more resilient and diversified economy that is less dependent on extractive industries and that creates more and better jobs as the basis for broadly shared prosperity for all Mongolians. This policy note identifies five key institutional and structural reform priorities to achieve these objectives and specific policy options to address them. 2020-08-11T18:50:27Z 2020-08-11T18:50:27Z 2020-06 Policy Note http://documents.worldbank.org/curated/en/669171596000225952/Institutional-and-Structural-Reforms-for-a-Stronger-and-More-Inclusive-Recovery http://hdl.handle.net/10986/34330 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Policy Note East Asia and Pacific Mongolia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ECONOMIC RECOVERY ECONOMIC RESILIENCE CORONAVIRUS COVID-19 BANKING SECTOR REFORM INVESTMENT CLIMATE FISCAL GOVERNANCE ACCOUNTABILITY PUBLIC SECTOR REFORM
spellingShingle	ECONOMIC RECOVERY ECONOMIC RESILIENCE CORONAVIRUS COVID-19 BANKING SECTOR REFORM INVESTMENT CLIMATE FISCAL GOVERNANCE ACCOUNTABILITY PUBLIC SECTOR REFORM World Bank Institutional and Structural Reforms for a Stronger and More Inclusive Recovery : Policy Note for Mongolia
geographic_facet	East Asia and Pacific Mongolia
description	The new government is taking office at the time when Mongolia and the world is faced with an unprecedented public health and economic crisis. The government is confronted with the difficult task of stabilizing the economy while laying the foundation for a sustainable recovery. In the short run, carefully calibrated macroeconomic policies are needed to ensure stability and mitigate acute risks of an external balance of payment crisis while reducing downside risks to growth and addressing the social impacts of the crisis. In the medium run, reinforcing macroeconomic policies would need to be accompanied by a credible structural and institutional reform program that addresses the central challenge of moving towards a more resilient and diversified economy that is less dependent on extractive industries and that creates more and better jobs as the basis for broadly shared prosperity for all Mongolians. This policy note identifies five key institutional and structural reform priorities to achieve these objectives and specific policy options to address them.
format	Policy Note
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Institutional and Structural Reforms for a Stronger and More Inclusive Recovery : Policy Note for Mongolia
title_short	Institutional and Structural Reforms for a Stronger and More Inclusive Recovery : Policy Note for Mongolia
title_full	Institutional and Structural Reforms for a Stronger and More Inclusive Recovery : Policy Note for Mongolia
title_fullStr	Institutional and Structural Reforms for a Stronger and More Inclusive Recovery : Policy Note for Mongolia
title_full_unstemmed	Institutional and Structural Reforms for a Stronger and More Inclusive Recovery : Policy Note for Mongolia
title_sort	institutional and structural reforms for a stronger and more inclusive recovery : policy note for mongolia
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/669171596000225952/Institutional-and-Structural-Reforms-for-a-Stronger-and-More-Inclusive-Recovery http://hdl.handle.net/10986/34330
_version_	1764480673637203968

Institutional and Structural Reforms for a Stronger and More Inclusive Recovery : Policy Note for Mongolia

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