Mongolia Country Program Evaluation FY05-13 : An Independent Evaluation
From 2005 to 2013, a mining boom quickly promoted Mongolia from a low-income to a middle-income country. Although the World Bank Group strategy initially overlooked the challenge of the mining boom, the new country management team that came on boar...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/02/25002402/mongolia-country-program-evaluation-fy05-13-independent-evaluation http://hdl.handle.net/10986/23825 |
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okr-10986-23825 |
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oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
TARIFFS OVERGRAZING EMPLOYMENT CAPITAL MARKETS FISH RECLAMATION ECONOMIC GROWTH ENVIRONMENTAL PROTECTION POLICY ENVIRONMENT CARBON DIOXIDE ENVIRONMENTAL DEGRADATION AIR QUALITY FINANCIAL MANAGEMENT CARBON INDUSTRY RESOURCE MANAGEMENT BALANCE OF PAYMENTS BANKING SYSTEM FINANCIAL RESOURCES LABOR FORCE SERVICES RIVER BASINS EMISSIONS POLITICAL ECONOMY REVENUES CENTRALLY PLANNED ECONOMIES ENVIRONMENTAL ISSUES SUSTAINABLE MANAGEMENT INCENTIVES CARBON DIOXIDE EMISSIONS MODELS PROJECTS PRIVATE PROPERTY SUSTAINABLE DEVELOPMENT CONDITIONALITY ECONOMIC ANALYSIS AUDITS RESOURCE USE BUDGET PRESENT VALUE FISCAL POLICIES TECHNICAL ASSISTANCE CROWDING OUT AIR POLLUTION OIL POPULATION GROWTH AIR POLLUTION PROBLEM CAPITAL FORMATION OPTIONS TRANSFERS GROSS NATIONAL PRODUCT LIVESTOCK PRODUCTS FINANCIAL INSTITUTIONS DEBT BARRIERS TO ENTRY ALLOCATIVE EFFICIENCY LEGISLATION POLLUTION FORESTRY LOANS ENTERPRISES NATURAL RESOURCES SUBSIDIES FINANCE EFFICIENCY FISHING INFRASTRUCTURE TAXES BANKING SECTOR EFFECTIVE USE IMPORTANCE OF MANAGEMENT RESOURCES UNEMPLOYMENT POTENTIAL INVESTORS EQUITY CONSUMPTION RURAL COMMUNITIES ACCOUNTABILITY CAPITAL WAGES CLIMATE CHANGE ENVIRONMENTAL MANAGEMENT VALUES POLICY MAKERS BANK CREDIT QUALITY STANDARDS ENVIRONMENTAL IMPACTS PURCHASING POWER DIVISION OF LABOR DEFORESTATION DEMAND CPI ABATEMENT SUSTAINABLE USE INTERGOVERNMENTAL TRANSFERS NATIONAL INCOME SUSTAINABLE GROWTH PUBLIC EXPENDITURES ENVIRONMENTS EXPENDITURES PROPERTY DECISION MAKING FISCAL YEAR ENVIRONMENT ECONOMIC SITUATION STREAMS TERMS OF TRADE SECURITIES SUBSIDIARY CAPITAL GOODS GOVERNANCE INSURANCE MICROFINANCE ECONOMIC DEVELOPMENT TRADE LAND TRANSFER PAYMENTS RISK COMMERCIAL BANKS PRIVATE COSTS COMPARATIVE ADVANTAGE COAL FARMS BANKING WATER POLLUTION DECENTRALIZATION INSTITUTIONAL DEVELOPMENT REVENUE RISK MANAGEMENT LENDING LIVING CONDITIONS PROFITS ENVIRONMENTAL LABOR MARKETS ADB GOVERNMENTS SUSTAINABLE RESOURCE USE FISCAL DECENTRALIZATION PRICES CONSUMER PROTECTION ECONOMIES ENVIRONMENTAL POLICIES |
| spellingShingle |
TARIFFS OVERGRAZING EMPLOYMENT CAPITAL MARKETS FISH RECLAMATION ECONOMIC GROWTH ENVIRONMENTAL PROTECTION POLICY ENVIRONMENT CARBON DIOXIDE ENVIRONMENTAL DEGRADATION AIR QUALITY FINANCIAL MANAGEMENT CARBON INDUSTRY RESOURCE MANAGEMENT BALANCE OF PAYMENTS BANKING SYSTEM FINANCIAL RESOURCES LABOR FORCE SERVICES RIVER BASINS EMISSIONS POLITICAL ECONOMY REVENUES CENTRALLY PLANNED ECONOMIES ENVIRONMENTAL ISSUES SUSTAINABLE MANAGEMENT INCENTIVES CARBON DIOXIDE EMISSIONS MODELS PROJECTS PRIVATE PROPERTY SUSTAINABLE DEVELOPMENT CONDITIONALITY ECONOMIC ANALYSIS AUDITS RESOURCE USE BUDGET PRESENT VALUE FISCAL POLICIES TECHNICAL ASSISTANCE CROWDING OUT AIR POLLUTION OIL POPULATION GROWTH AIR POLLUTION PROBLEM CAPITAL FORMATION OPTIONS TRANSFERS GROSS NATIONAL PRODUCT LIVESTOCK PRODUCTS FINANCIAL INSTITUTIONS DEBT BARRIERS TO ENTRY ALLOCATIVE EFFICIENCY LEGISLATION POLLUTION FORESTRY LOANS ENTERPRISES NATURAL RESOURCES SUBSIDIES FINANCE EFFICIENCY FISHING INFRASTRUCTURE TAXES BANKING SECTOR EFFECTIVE USE IMPORTANCE OF MANAGEMENT RESOURCES UNEMPLOYMENT POTENTIAL INVESTORS EQUITY CONSUMPTION RURAL COMMUNITIES ACCOUNTABILITY CAPITAL WAGES CLIMATE CHANGE ENVIRONMENTAL MANAGEMENT VALUES POLICY MAKERS BANK CREDIT QUALITY STANDARDS ENVIRONMENTAL IMPACTS PURCHASING POWER DIVISION OF LABOR DEFORESTATION DEMAND CPI ABATEMENT SUSTAINABLE USE INTERGOVERNMENTAL TRANSFERS NATIONAL INCOME SUSTAINABLE GROWTH PUBLIC EXPENDITURES ENVIRONMENTS EXPENDITURES PROPERTY DECISION MAKING FISCAL YEAR ENVIRONMENT ECONOMIC SITUATION STREAMS TERMS OF TRADE SECURITIES SUBSIDIARY CAPITAL GOODS GOVERNANCE INSURANCE MICROFINANCE ECONOMIC DEVELOPMENT TRADE LAND TRANSFER PAYMENTS RISK COMMERCIAL BANKS PRIVATE COSTS COMPARATIVE ADVANTAGE COAL FARMS BANKING WATER POLLUTION DECENTRALIZATION INSTITUTIONAL DEVELOPMENT REVENUE RISK MANAGEMENT LENDING LIVING CONDITIONS PROFITS ENVIRONMENTAL LABOR MARKETS ADB GOVERNMENTS SUSTAINABLE RESOURCE USE FISCAL DECENTRALIZATION PRICES CONSUMER PROTECTION ECONOMIES ENVIRONMENTAL POLICIES Independent Evaluation Group Mongolia Country Program Evaluation FY05-13 : An Independent Evaluation |
| geographic_facet |
East Asia and Pacific Mongolia |
| description |
From 2005 to 2013, a mining boom quickly
promoted Mongolia from a low-income to a middle-income
country. Although the World Bank Group strategy initially
overlooked the challenge of the mining boom, the new country
management team that came on board in 2005 decided to
prioritize mining issues in a more selective framework. This
involved taking a set of bold steps to support Bank Group
engagement in the extractive industry, including basing for
the first time a senior mining specialist in the field and
conducting an in-depth political economy analysis. Building
on this, the country team was able to design a comprehensive
program of outreach to the government, parliament, and civil
society to build a consensus on the need for efficient and
fiscally sustainable management of earnings from the
revenues derived from the mineral boom. The Independent
Evaluation Group considers the Bank’s performance to be
satisfactory; however, its contribution to outcomes remains
moderately satisfactory. The Bank revised its strategy to
adopt relevant objectives centered on the mining agenda and
designed an overall effective program. The Bank displayed
flexibility and innovation in implementing the program and
built awareness about environmental issues. As to results on
the ground, Bank projects have had a highly satisfactory
impact in improving rural livelihoods and reducing herders’
vulnerability. Looking ahead, the Bank Group would need to:
(i) build demand and capacity for good governance; (ii)
pursue efforts to improve public investment; (iii)
strengthen domestic capacity for policy simulation; (iv)
assist in the strengthening of the banking system; and (v)
support fiscal decentralization. In the interests of
selectivity, the Bank could scale back its support for the
urban sector. |
| format |
Report |
| author |
Independent Evaluation Group |
| author_facet |
Independent Evaluation Group |
| author_sort |
Independent Evaluation Group |
| title |
Mongolia Country Program Evaluation FY05-13 : An Independent Evaluation |
| title_short |
Mongolia Country Program Evaluation FY05-13 : An Independent Evaluation |
| title_full |
Mongolia Country Program Evaluation FY05-13 : An Independent Evaluation |
| title_fullStr |
Mongolia Country Program Evaluation FY05-13 : An Independent Evaluation |
| title_full_unstemmed |
Mongolia Country Program Evaluation FY05-13 : An Independent Evaluation |
| title_sort |
mongolia country program evaluation fy05-13 : an independent evaluation |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/02/25002402/mongolia-country-program-evaluation-fy05-13-independent-evaluation http://hdl.handle.net/10986/23825 |
| _version_ |
1764454785716584448 |
| spelling |
okr-10986-238252021-04-23T14:04:17Z Mongolia Country Program Evaluation FY05-13 : An Independent Evaluation Independent Evaluation Group TARIFFS OVERGRAZING EMPLOYMENT CAPITAL MARKETS FISH RECLAMATION ECONOMIC GROWTH ENVIRONMENTAL PROTECTION POLICY ENVIRONMENT CARBON DIOXIDE ENVIRONMENTAL DEGRADATION AIR QUALITY FINANCIAL MANAGEMENT CARBON INDUSTRY RESOURCE MANAGEMENT BALANCE OF PAYMENTS BANKING SYSTEM FINANCIAL RESOURCES LABOR FORCE SERVICES RIVER BASINS EMISSIONS POLITICAL ECONOMY REVENUES CENTRALLY PLANNED ECONOMIES ENVIRONMENTAL ISSUES SUSTAINABLE MANAGEMENT INCENTIVES CARBON DIOXIDE EMISSIONS MODELS PROJECTS PRIVATE PROPERTY SUSTAINABLE DEVELOPMENT CONDITIONALITY ECONOMIC ANALYSIS AUDITS RESOURCE USE BUDGET PRESENT VALUE FISCAL POLICIES TECHNICAL ASSISTANCE CROWDING OUT AIR POLLUTION OIL POPULATION GROWTH AIR POLLUTION PROBLEM CAPITAL FORMATION OPTIONS TRANSFERS GROSS NATIONAL PRODUCT LIVESTOCK PRODUCTS FINANCIAL INSTITUTIONS DEBT BARRIERS TO ENTRY ALLOCATIVE EFFICIENCY LEGISLATION POLLUTION FORESTRY LOANS ENTERPRISES NATURAL RESOURCES SUBSIDIES FINANCE EFFICIENCY FISHING INFRASTRUCTURE TAXES BANKING SECTOR EFFECTIVE USE IMPORTANCE OF MANAGEMENT RESOURCES UNEMPLOYMENT POTENTIAL INVESTORS EQUITY CONSUMPTION RURAL COMMUNITIES ACCOUNTABILITY CAPITAL WAGES CLIMATE CHANGE ENVIRONMENTAL MANAGEMENT VALUES POLICY MAKERS BANK CREDIT QUALITY STANDARDS ENVIRONMENTAL IMPACTS PURCHASING POWER DIVISION OF LABOR DEFORESTATION DEMAND CPI ABATEMENT SUSTAINABLE USE INTERGOVERNMENTAL TRANSFERS NATIONAL INCOME SUSTAINABLE GROWTH PUBLIC EXPENDITURES ENVIRONMENTS EXPENDITURES PROPERTY DECISION MAKING FISCAL YEAR ENVIRONMENT ECONOMIC SITUATION STREAMS TERMS OF TRADE SECURITIES SUBSIDIARY CAPITAL GOODS GOVERNANCE INSURANCE MICROFINANCE ECONOMIC DEVELOPMENT TRADE LAND TRANSFER PAYMENTS RISK COMMERCIAL BANKS PRIVATE COSTS COMPARATIVE ADVANTAGE COAL FARMS BANKING WATER POLLUTION DECENTRALIZATION INSTITUTIONAL DEVELOPMENT REVENUE RISK MANAGEMENT LENDING LIVING CONDITIONS PROFITS ENVIRONMENTAL LABOR MARKETS ADB GOVERNMENTS SUSTAINABLE RESOURCE USE FISCAL DECENTRALIZATION PRICES CONSUMER PROTECTION ECONOMIES ENVIRONMENTAL POLICIES From 2005 to 2013, a mining boom quickly promoted Mongolia from a low-income to a middle-income country. Although the World Bank Group strategy initially overlooked the challenge of the mining boom, the new country management team that came on board in 2005 decided to prioritize mining issues in a more selective framework. This involved taking a set of bold steps to support Bank Group engagement in the extractive industry, including basing for the first time a senior mining specialist in the field and conducting an in-depth political economy analysis. Building on this, the country team was able to design a comprehensive program of outreach to the government, parliament, and civil society to build a consensus on the need for efficient and fiscally sustainable management of earnings from the revenues derived from the mineral boom. The Independent Evaluation Group considers the Bank’s performance to be satisfactory; however, its contribution to outcomes remains moderately satisfactory. The Bank revised its strategy to adopt relevant objectives centered on the mining agenda and designed an overall effective program. The Bank displayed flexibility and innovation in implementing the program and built awareness about environmental issues. As to results on the ground, Bank projects have had a highly satisfactory impact in improving rural livelihoods and reducing herders’ vulnerability. Looking ahead, the Bank Group would need to: (i) build demand and capacity for good governance; (ii) pursue efforts to improve public investment; (iii) strengthen domestic capacity for policy simulation; (iv) assist in the strengthening of the banking system; and (v) support fiscal decentralization. In the interests of selectivity, the Bank could scale back its support for the urban sector. 2016-03-02T20:06:47Z 2016-03-02T20:06:47Z 2015 Report http://documents.worldbank.org/curated/en/2016/02/25002402/mongolia-country-program-evaluation-fy05-13-independent-evaluation http://hdl.handle.net/10986/23825 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper East Asia and Pacific Mongolia |