Modern Mongolia: from khans to commissars to capitalists
University of California Press,
Land-locked between its giant neighbors, Russia and China, Mongolia was the first Asian country to adopt communism and the first to abandon it. When the Soviet Union collapsed in the early 1990s, Mongolia turned to international financial agenciesincluding the International Monetary Fund, the World Bank, and the Asian Development Bankfor help in compensating for the economic changes caused by disruptions in the communist world.Modern Mongolia is the best-informed and most thorough account to date of the political economy of Mongolia during the past decade. In it, Morris Rossabi explores the effects of the withdrawal of Soviet assistance, the role of international financial agencies in supporting a pure market economy, and the ways that new policies have led to greater political freedom but also to unemployment, poverty, increasingly inequitable distribution of income, and deterioration in the education, health, and well-being of Mongolian society.Rossabi demonstrates that the agencies providing grants and loans insisted on Mongolia's adherence to a set of policies that did not generally take into account the country's unique heritage and society. Though the sale of state assets, minimalist government, liberalization of trade and prices, a balanced budget, and austerity were supposed to yield marked economic growth, Mongoliathe world's fifth-largest per capita recipient of foreign aiddid not recover as expected. As he details this painful transition from a collective to a capitalist economy, Rossabi also analyzes the cultural effects of the sudden opening of Mongolia to democracy. He looks at the broader implications of Mongolia's international situation and considers its future, particularly in relation to China.
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|Grouped Work ID||8349b532-db98-0e5c-c5f7-fd6ff17ab550|
|Grouping Title||modern mongolia from khans to commissars to capitalists|
|Grouping Author||rossabi morris|
|Last Grouping Update||2017-08-14 05:04:44AM|
|Last Indexed||2018-07-18 04:57:16AM|
|owning_library_arlington||Arlington Public Library Online, Aurora Hills Online, Central Online, Cherrydale Online, Columbia Pike Online, Connection Crystal City Online, Detention Center Online, Glencarlyn Online, Local History Online, Plaza Online, Shirlington Online, Westover Online|
|record_details||external_econtent:ils:.b13159707|eBook|eBook||English|University of California Press,|c2005.|xx, 397 p.,  p. of plates : ill., 1 map ; 24 cm.|
|title_display||Modern Mongolia from khans to commissars to capitalists|
|title_full||Modern Mongolia [electronic resource] : from khans to commissars to capitalists / Morris Rossabi|
|title_sub||from khans to commissars to capitalists|