Mongolia 2020 Poverty Report : A Decade of Progress and Stagnation in Poverty Reduction

Mongolia made notable strides in reducing poverty from 2010 to 2014, but the pace of poverty reduction slowed significantly after the 2016 economic recession. The trend of declining inequality and inclusive growth seen in the first half of the deca...

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Main Authors: World Bank, National Statistics Office of Mongolia
Format: Report
Language:English
en_US
Published: Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099300009112214272/P1744290156e5d04f0b2bd09439956741f6
http://hdl.handle.net/10986/38003
id okr-10986-38003
recordtype oai_dc
spelling okr-10986-380032022-09-14T05:10:47Z Mongolia 2020 Poverty Report : A Decade of Progress and Stagnation in Poverty Reduction World Bank National Statistics Office of Mongolia POVERTY REDUCTION INEQUALITY SPATIAL DISPARITIES INTERNATIONAL POVERTY TRENDS NON-MONETARY DIMENSIONS COVID-19 POLICY RESPONSES HOUSEHOLD COPING STRATEGIES Mongolia made notable strides in reducing poverty from 2010 to 2014, but the pace of poverty reduction slowed significantly after the 2016 economic recession. The trend of declining inequality and inclusive growth seen in the first half of the decade changed course in the latter half. Greater urbanization and narrowing geographical disparities in poverty have meant that the poor have become increasingly concentrated in urban centers, especially Ulaanbaatar. Economic volatility and uncertainty together with restrictions on face-to-face services may have led to an increase in precautionary saving among households, particularly during the Coronavirus disease 2019 (COVID-19) pandemic. An additional issue related to the measurement of consumption in 2020 specifically is the survey-to-survey imputation approach that was used to estimate poverty and the consumption distribution due to changes in the household socio-economic survey (HSES) questionnaire. Finally, despite significant increases, social transfers have had only modest success in reducing poverty due to targeting inefficiencies. The 2020 HSES shows that impacts to employment in 2020 were not significant until the final quarter, with workers in urban areas and in the service sector more likely to be affected. While subsequent surveys will provide a clearer picture of the longer-term impacts of the pandemic, signs of potentially lasting and unequalizing effects have emerged after 2020. 2022-09-13T18:53:06Z 2022-09-13T18:53:06Z 2022 Report http://documents.worldbank.org/curated/en/099300009112214272/P1744290156e5d04f0b2bd09439956741f6 http://hdl.handle.net/10986/38003 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Poverty Assessment 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
en_US
topic POVERTY REDUCTION
INEQUALITY
SPATIAL DISPARITIES
INTERNATIONAL POVERTY TRENDS
NON-MONETARY DIMENSIONS
COVID-19
POLICY RESPONSES
HOUSEHOLD COPING STRATEGIES
spellingShingle POVERTY REDUCTION
INEQUALITY
SPATIAL DISPARITIES
INTERNATIONAL POVERTY TRENDS
NON-MONETARY DIMENSIONS
COVID-19
POLICY RESPONSES
HOUSEHOLD COPING STRATEGIES
World Bank
National Statistics Office of Mongolia
Mongolia 2020 Poverty Report : A Decade of Progress and Stagnation in Poverty Reduction
geographic_facet East Asia and Pacific
Mongolia
description Mongolia made notable strides in reducing poverty from 2010 to 2014, but the pace of poverty reduction slowed significantly after the 2016 economic recession. The trend of declining inequality and inclusive growth seen in the first half of the decade changed course in the latter half. Greater urbanization and narrowing geographical disparities in poverty have meant that the poor have become increasingly concentrated in urban centers, especially Ulaanbaatar. Economic volatility and uncertainty together with restrictions on face-to-face services may have led to an increase in precautionary saving among households, particularly during the Coronavirus disease 2019 (COVID-19) pandemic. An additional issue related to the measurement of consumption in 2020 specifically is the survey-to-survey imputation approach that was used to estimate poverty and the consumption distribution due to changes in the household socio-economic survey (HSES) questionnaire. Finally, despite significant increases, social transfers have had only modest success in reducing poverty due to targeting inefficiencies. The 2020 HSES shows that impacts to employment in 2020 were not significant until the final quarter, with workers in urban areas and in the service sector more likely to be affected. While subsequent surveys will provide a clearer picture of the longer-term impacts of the pandemic, signs of potentially lasting and unequalizing effects have emerged after 2020.
format Report
author World Bank
National Statistics Office of Mongolia
author_facet World Bank
National Statistics Office of Mongolia
author_sort World Bank
title Mongolia 2020 Poverty Report : A Decade of Progress and Stagnation in Poverty Reduction
title_short Mongolia 2020 Poverty Report : A Decade of Progress and Stagnation in Poverty Reduction
title_full Mongolia 2020 Poverty Report : A Decade of Progress and Stagnation in Poverty Reduction
title_fullStr Mongolia 2020 Poverty Report : A Decade of Progress and Stagnation in Poverty Reduction
title_full_unstemmed Mongolia 2020 Poverty Report : A Decade of Progress and Stagnation in Poverty Reduction
title_sort mongolia 2020 poverty report : a decade of progress and stagnation in poverty reduction
publisher Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/en/099300009112214272/P1744290156e5d04f0b2bd09439956741f6
http://hdl.handle.net/10986/38003
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