Since China's implementation of the reform and opening-up policy in 1978, Inner Mongolia's pastoral areas have faced challenges such as population outflow, aging, and the emptying of villages. To address these issues, the Inner Mongolia Autonomous Region government promoted the "Collective...

The Government of Mongolia is committed to reducing the gender gap in life expectancy. Reducing the gender gap in life expectancy is an explicit objective of Mongolia's Cross-Sectoral Strategic Plan for Promoting Gender Equality in Mongolia (2022-31). The first plan to reduce the disparity in...

In this paper, we use a theoretical model to show that the development of the tourism industry is very likely to significantly reduce environmental problems in Mongolia. Among other issues, Mongolia suffers from an excessively large livestock population, which causes considerable environmental...

This policy note synthesizes the results of collaboration between the Government of Mongolia (GoM) and the World Bank that produced a body of analytic and advisory work that can be used to generate policy-relevant knowledge to manage and finance Nature-based Solutions (NbS) to address...

Mongolia's coal-driven economic growth since 2023 has elevated the country to upper-middle-income status (UMIC) in 2024. Real gross domestic product (GDP) growth has remained robust, driven by mining and transport services, despite a sharp contraction in the agriculture sector. On the demand...

This note, prepared at the request of the Ministry of Economy and Development, aims to analyze selected opportunities for Mongolia to diversify its economy and identifies specific policy options to realize them. Mongolia's growing dependence on mining exports, primarily to China creates...

Further to Mongolia's Ministry of Finance (MOF) request, an assessment mission was carried out from May 24 to June 2, 2023. The mission reviewed the needs, capacity and constraints for the development of institutional macroeconomic forecasting capacity at the Financial and Fiscal Research...

Further to Mongolia's Ministry of Finance (MOF) request, an assessment mission was carried out from May 24 to June 2, 2023. The mission reviewed the needs, capacity and constraints for the development of institutional macroeconomic forecasting capacity at the Financial and Fiscal Research...

The Country Opinion Survey in Mongolia assists the World Bank Group (WBG) in better understanding how stakeholders in Mongolia perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector,...

Mongolia's economy has recovered but the current economic expansion was largely driven by strong coal exports. Public and private consumption growth also supported the economy, spurred by rising household income and the 2023 supplementary budget. Despite increased public spending, the...

Background Mongolia introduced liver transplantation 10 years ago, becoming the 46th country globally to successfully perform this procedure. However, the cost of liver transplantation treatment remains expensive in Mongolia, a lower-middle-income country. Thus, the need to calculate the cost of...

An IMF team found that Mongolia has made progress in public investment management since the 2016 PIMA. However, several challenges persist, and new issues are emerging. The team has identified five high-priority recommendations that could improve PIM processes and support the effective...

This paper investigates the resilience of non-financial firms in Mongolia against financial distress. Utilizing firm-level financial data from 2013 to 2022, we employed a LASSO variable selection technique and logistic regression analysis to develop a distress prediction model for these firms....

This paper examines the impact of access to markets on livestock-related income of herder households in Mongolia. The empirical findings show that reducing the distance to markets by ten kilometers increases household income by 1.0 percent on average.

We investigate the effectiveness of large electricity subsidies aimed at reducing the consumption of dirty energy and improving the ambient air quality. We exploit a policy change in Mongolia that provides 50–100 percent tariff subsidy on the off-peak hour consumption to households in some...

Economic diversification has gained significant attention as a crucial factor for sustainable development worldwide. This paper addresses the risks associated with extreme specialisation and explores the potential benefits of economic diversification for Mongolia. By comparing Mongolia with its...

Purpose: This study examines the factors affecting the online shopping behavior of agricultural products in inner Mongolia on e-Commerce - a case study of the Douyin platform. The dependent variable is agricultural products of characteristics purchases, while independent variables are perceived...

The transition towards a sustainable and environmentally conscious society necessitates the significance of sustainable utilities, making it imperative to examine the factors influencing sustainable utilities investment. This research aims to investigate the determinants of sustainable utilities...

Using unique survey data from Georgia, Mongolia, and the Philippines, we examine gender gaps in entrepreneurship. The overall incidence of entrepreneurship is highest in Cavite, Philippines, while the gender gap in ownership is highest in Mongolia. On average, enterprises operated by men have...

This paper develops an estimated New Keynesian model of a commodity-exporting economy for an integrated policy framework, integrating the full range of policies used in practice and featuring a range of nominal and real rigidities, macro-financial linkages, and transmission channels of external...

We investigate the effectiveness of large electricity subsidies aimed at reducing the consumption of dirty energy and improving the ambient air quality. We exploit a policy change in Mongolia that provides 50--100 percent subsidy to households in some regions, allowing us to use...

This paper provides novel evidence on how risk exposure shapes the demand for index-based weather insurance. The focus is on Mongolia, where index insurance is offered as a commercially marketed product to pastoralists threatened by extreme weather events that cause high livestock mortality....

Mongolia's economic conditions stabilized by 2023H2, helped by China's reopening. The economy was in a challenging position in 2022 with widening external and internal imbalances due to multiple global shocks, policy excesses and governance lapses. However, greater exchange rate (ER)...

This paper highlights the details of the technical assistance (TA) provided to the Bank of Mongolia (BOM) on central bank communications. The purpose of the mission was to assist the authorities in enhancing the existing communication framework of BOM, and to suggest a roadmap for eventual...

This paper presents High-Level Summary Technical Assistance (TA) report on Mongolia Central Bank Communications. The TA report reviews the existing communication framework of Bank of Mongolia (BOM). The analysis focuses on the assessment of the monetary and financial policy communications as...

This paper investigates the determinants of financial inclusion in Mongolia – a country where persistent “reverse” gender gap in financial inclusion exists. Results show that women, and those who are more educated and older are more likely to be financially included. Women are four...

We examine macroeconomic effects and transmission mechanisms of COVID-19 in Mongolia, a developing and commodity-exporting economy, by estimating a Bayesian structural vector autoregression on quarterly data. We find strong cross-border spillover effects of COVID-19. Our estimates suggest that...

We examine economic activity measured with firm performance indicators using the changes in intensity of night-time light in four Central Asia Regional Economic Cooperation economies: Azerbaijan, Georgia, Kazakhstan, and Mongolia. The empirical analysis is based on the World Bank Enterprise...

China has experienced extensive forest transition. The biophysical conditions and socio-economic effects in different regions are quite different in such a large country. However, few studies have paid attention to local dynamics to understand how forest transition has taken place at the local...

This paper explores spatial variability of the ten climatic variables of Mongolia in 2019: average minimal and maximal temperatures, wind speed, soil moisture, downward surface shortwave radiation (DSRAD), snow water equivalent (SWE), vapor pressure deficit (VPD), vapor pressure anomaly (VAP),...

We investigate the factors affecting firms’ ability to adjust production in response to the COVID-19 outbreak. We used firm-level survey data from the enterprise survey implemented by the World Bank Group, including a standard enterprise survey (baseline) and two waves of follow-up surveys...

This study examines economic activity measured with firm performance indicators using the changes in intensity of night-time light in four CAREC economies: Azerbaijan, Georgia, Kazakhstan, and Mongolia. The empirical analysis is based on the World Bank Enterprise Survey (WBES) data for 2019 and...

Although a large body of literature has argued that motherhood has a profound and long-lasting negative effect on the employment and earnings of women, there is little evidence focusing on the post-communist region. This paper exploits the latest round of the EBRD-World Bank Life in Transition...

Purpose: The purpose of this study is to examine various configurations leading to job satisfaction (JS) in Mongolian private companies through five typical factors: perceived mission statement quality (MSQ), romanticism management philosophy (RMP), psychological ethical climate (PEC), ethical...

Although a large body of literature has argued that motherhood has a profound and longlasting negative effect on the employment and earnings of women, there is little evidence focusing on the post-communist region. This paper exploits the latest round of the EBRDWorld Bank Life in Transition...