Poverty and the Transition to a Market Economy in Mongolia FROM THE PUBLISHER
This book contains an analysis of the economic problems encountered in Mongolia during the transition from a centrally planned to a market economy, when poverty increased dramatically, unemployment rose sharply, health and education indicators deteriorated, and the economic and social position of women declined. Yet there is considerable potential in Mongolia for a broadly based acceleration of output, particularly if priority is given to the nomadic livestock sector and to grass-roots development at the provincial level. The book contains many policy suggestions intended to promote growth and employment and to reduce poverty.
FROM THE CRITICS
Booknews
An analysis of the economic and social problems encountered while the country moved from a centrally planned to a market-guided economy. The transition strategy adopted, "shock therapy," resulted in a sharp fall in average incomes, a rise in inequality, and a dramatic increase in poverty. This volume, which began life as the report of a United Nations Development Programme mission, provides an analytical assessment and makes policy recommendations for the immediate alleviation and ultimately the elimination of poverty. It demonstrates how a human development strategy can be applied under the unique conditions faced by Mongolia. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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