The Abcs of a Market Economy

International Trade ForumNum. 4/2004, Octobre 2004

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Résumé


In the 14 years since Mongolia became a market economy, this former home of the 13th-century empire of Genghis Khan has struggled to find a way out of the strict centrally planned system under Communism. Since the 1990s, Mongolia has introduced major economic reforms; it also joined the World Trade Organization in 1997. While continuing many reforms policies, the current government has focused on social and public-order priorities. Its leaders, however, are aware of the need to fast-track export development and formulate export-oriented policy with the best knowledge available. The Mongolian National Chamber of Commerce and Industry has had a long relationship with ITC, with activities funded by various donors. Seeing the anniversary articles in ITC's magazine reminded them of Jacqueline Rigoulet of ITC, who taught them their first lessons in trade promotion and the design of effective trade promotion programmes, and contributed much to strengthen our institutional capacities and human resource development.

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The Abcs of a Market Economy

In the early 1990s, the break-up of the Soviet Union launched landlocked Mongolia into a world without borders. Faced with a new economic order, Mongolia's nascent private sector and trade institutions needed to move quickly from free market theory to practice. ITC, a long-stand...

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