000			03930cam a22009134a 4500
001			28092
003			The World Bank
005			20181114100347.0
006			m o d
007			cr cn|||||||||
008			020129s2008 dcu o i00 0 eng
024	8		_a10.1596/28092
035			_a(The World Bank)28092
110	2		_aWorld Bank.
245	1	0	_aMongolia Quarterly, January 2008 _h[electronic resource]
260			_aWashington, D.C. : _bThe World Bank, _c2008.
490	1		_aEconomic Updates and Modeling
520	3		_aReal Gross Domestic Product (GDP) growth rate was 9.9 percent in 2007. Economic growth has been primarily driven by agriculture (which contributed 3.4 percentage points to economic growth), and services (which contributed 4.3 percentage points). In the agriculture sector, the December 2007 annual livestock census reported an increase of 15 percent of livestock from 34.8 to 40.3 mln livestock, with the number of goats, sheep and cattle increasing by 18, 15 and 14 percent respectively. While most of the foreign direct investment (FDI) coming into Mongolia continues to go to mining, its value-added only grew by only 1.7 percent this year (mainly came from coal extraction). On the non-bank side, the financial regulatory commission has been making efforts to improve the legal and regulatory framework, however, its weak institutional capacity and resource constraints continue to be a major impediment in effective supervision. Several key laws relating to the financial sector need to be finalized. Efforts have been made towards resolving immediate issues relating to the closed savings and credit cooperatives, developing the insurance industry and developing a framework and institutions to develop the mortgage market. However, several laws and enabling regulation still need to put in place before benefits of increase in financial sector efficiency (lower cost of financing) can be fully realized.
650		4	_aAccounting
650		4	_aAudits
650		4	_aBankruptcy
650		4	_aBusiness Environment
650		4	_aCoal
650		4	_aCommercial Banks
650		4	_aCommodity Prices
650		4	_aCorporate Governance
650		4	_aCreditworthiness
650		4	_aDebt Management
650		4	_aDecision Making
650		4	_aDeveloping Countries
650		4	_aEconomic Conditions and Volatility
650		4	_aEconomic Forecasting
650		4	_aEconomic Growth
650		4	_aEnergy
650		4	_aExpenditures
650		4	_aExporters
650		4	_aFinancial Institutions
650		4	_aFinancial Sector
650		4	_aFiscal & Monetary Policy
650		4	_aFiscal Policy
650		4	_aFood Production
650		4	_aForeign Direct Investment
650		4	_aGlobal Economy
650		4	_aHuman Capital
650		4	_aIncome Tax
650		4	_aInflation
650		4	_aInformation Technology
650		4	_aInsurance
650		4	_aInsurance Industry
650		4	_aInterest Rates
650		4	_aInvestment Climate
650		4	_aJob Creation
650		4	_aLabor Costs
650		4	_aLabor Market
650		4	_aLiberalization
650		4	_aLow-Income Countries
650		4	_aMacroeconomics and Economic Growth
650		4	_aMarket Economy
650		4	_aMonetary Policy
650		4	_aMoney Laundering
650		4	_aNatural Resources
650		4	_aPolitical Economy
650		4	_aPoverty Reduction
650		4	_aPrivate Investment
650		4	_aPrivatization
650		4	_aPublic Debt
650		4	_aRisk Management
650		4	_aSecurities
650		4	_aTrade Unions
650		4	_aTransparency
650		4	_aUnemployment
650		4	_aUrbanization
650		4	_aWages
650		4	_aWater Pollution
650		4	_aWorld Development Indicators
710	2		_aWorld Bank.
830	1		_aEconomic Updates and Modeling
830		0	_aWorld Bank e-Library.
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/28092
999			_c31602 _d31602