Mongolia : The Political Economy of the Resource Paradox, Synthesis Note

World Bank

Washington, DC

关键词: ACCESS TO INFORMATION;    ACCOUNTABILITY;    ACCOUNTABILITY MECHANISMS;    ACCOUNTING;    ALLOCATION;   

RP-ID  :  70383

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This report discusses Mongolia'sincreasing dependence on mining revenues and the associatedvulnerability to boom and bust economic cycles, and callsfor special attention to governance in mining resourcemanagement. It seeks to identify can be learned from theexperiences of other mineral dependent countries that havesucceeded in converting their mineral endowment into broadlyshared growth, as well as from those that have not. Achallenge for the Bank is to be able to formulate goodreform solutions which fit the country's'implementation capacity, and are flexible enough to respondto changing country dynamics. The Bank could modify itssupport better correspond to Mongolia's realities, suchas taking into account concerns that by entering into aninvestment agreement, the government will lose the abilityto influence or veto decisions that negatively impactnational security. The report looks at the Public InvestmentProgram, focusing on the principles of development orientedinvestments, and what this would imply across sectors, bytaking into account the policymaker's concern thatpublic procurement of public investment projects mustdisburse quickly, so that procurement efficiency is improved.