1993: Attention turns to Mongolia’s nascent private sector
Continuing with our reflections on the 25 year partnership between Mongolia and the World Bank, today we look at 1993. With GDP having fallen 20% since the transition began, and with an ambitious...
View Article1994: Assessing the real costs of the economic contraction
Today we look at 1994. At last the economic collapse of the early 1990s bottomed out and growth resumed. The economic hardship of the first years of transition, however, had taken its toll. A study...
View Article1995: Helping implement Mongolia’s Poverty Alleviation Program
Photo courtesy of WB Group Archives Growth picked up to 6.4% in 1995, but it was a short-lived acceleration—it would be another eight years before Mongolia reached that level of growth again. The...
View Article1996: Taking stock of the profile of the poor, and the state of state...
Photo courtesy of The World Bank Group Archives
View ArticleMalnutrition denies children opportunity and stunts economic development
Nearly 50 years ago, books such as Asian Drama: An Inquiry Into The Poverty Of Nations, by the Swedish economist and Nobel laureate Gunnar Myrdal, offered a dire prediction of famine and poverty for...
View Article1997: Stabilization at the heart of policy choices
As we continue traveling on our 25-day journey through our 25 years’ history, today we look back at the year 1997. Before digging into what the economic and social situation of the country looked like...
View Article1998: Mongolia’s financial, formal, and informal sectors
Continuing with our series of 25 years in 25 days, today we look at 1998. It was another year of modest growth, with agriculture and services making up for the continued decline of the industrial...
View ArticleOn International Women’s Day, 5 facts about gender and the law in the Pacific...
There is a lot that development practitioners don’t know about the Pacific Islands. When it comes to the laws of these small island nations scattered throughout the ocean separating Asia and the...
View Article1999: Financing and investing in the world’s most sparsely populated country
Continuing with our series of 25 years in 25 days, today we look at 1999. Mongolia’s economy grew by just over 3%, and inflation checked in at the relatively modest rate of 7.6%. In 1991, under the...
View Article‘I matter’: giving unemployed young Papua New Guineans a second chance
Young people account for almost half of Papua New Guinea’s population and comprise a large part of the urban poor. In the capital, Port Moresby, an increasing number of young people are leaving school...
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