Mongolia : a centrally planned economy in transition.
- New York : Oxford University Press, 1992.
- xvi, 250 p. : ill., maps ; 24 cm.
"P.B. Rana revised the Report and was also responsible for the production of this book"--Pref. Rev. ed. of: Economic report on the Mongolian People's Republic / K.H. Moinuddin ... et al. "Published for the Asian Development Bank."
Map of Mongolia -- Basic Data -- Abbreviations and Acronyms -- Measurements -- pt. I. Macroeconomic Assessments. Ch. 1. Country Profile. Natural Resources. Political Developments. Political Reforms. Administrative System. Economic Planning System. Review of Plan Performance. Ch. 2. Economic and Social Development. Historical Background. National Income Aggregates and Structural Changes. Trends in Savings and Investments. Economic Developments, 1986-1991. Trends in Wages and Employment. Lessons of the Past and Implications for the Future. Ch. 3. Financial Sector. Banking Reforms and Present Structure. Recent Trends in Money Supply, Credit and Deposits. Assessment of Policy Reforms. Ch. 4. Public Finance and Fiscal Policy. Trends in Revenue and Expenditure. Issues in Fiscal Policy. Ch. 5. External Sector. New Convertible Currency Trade Regime and Its Impact. Overview of Balance of Payments. Recent Trends in Current Transactions. Capital Account. External Debt. Exchange Rate Policies. Assessment of Reforms. Ch. 6. Economic Reforms, Development Issues and Prospects. Economic Reform Program. Issues in Short-term Economic Management. Structural Issues. Prospects -- pt. II. Sectoral Assessments. Ch. 7. Agriculture Sector. Resources, Constraints and Past Developments. Organizational Structure and Policy Outline. Livestock Subsector. Crop Production Subsector. Marketing, Storage and Processing of Agricultural Products. Issues and Agenda for Policy Reform. Ch. 8. Industry Sector. Structural Change. Recent Trends in Industrial Output. Trends in Industrial Investment. Industry and Trade. Productivity and Performance. Recent Sectoral Reform Policies. Issues and Approach to Sector Reform. Ch. 9. Social Infrastructure Sector. Health Subsector. Education Subsector. Water Supply Subsector. Ch. 10. Transport and Communications Sectors. Transport Sector. Communication Sector. Ch. 11. Energy Sector. Energy Sources. Energy Use. Issues. Ch. 12. Natural Resources and Environment. Natural Resource Base. Pattern of Economic Development and Its Impact on the Environment. Issues. Agenda for Action.
Growing disenchantment with the socialist economic model, the breakdown of the Council for Mutual Economic Assistance bloc, and the advent of perestroika and glasnost in the former Soviet Union and Eastern Europe, form the basis for Mongolia's decision to open its economy and implement a range of economic reforms. In its current effort towards structural change, Mongolia's government has adopted a comprehensive series of reforms aimed at dismantling the central planning system and establishing a market-based economy. The process started in 1986 and gained momentum with the 1990 election of a new government. Mongolia: A Centrally Planned Economy in Transition is based mainly on the findings of the Asian Development Bank's first economic mission to Mongolia. The study begins with a comprehensive review and analysis of Mongolia's economy over several decades. It then focuses on the economic reforms undertaken since the mid-1980s to transform the economy from a centrally planned system to a market-driven system. Detailed time series data on economic and social indicators are included.