Modern Mongolia: From Khans to Commissars to Capitalists

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University of California Press, Apr 25, 2005 - History - 418 pages
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 agencies—including the International Monetary Fund, the World Bank, and the Asian Development Bank—for 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, Mongolia—the world's fifth-largest per capita recipient of foreign aid—did 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.
 

Contents

MONGOLIA A PEACEFUL TRANSITION
1
FROM RUSSIAN TO WESTERN INFLUENCE
30
PRESSURE FOR A MARKET ECONOMY 19901997
43
POLITICAL AND ECONOMIC DISLOCATIONS 19972004
80
HERDERS AND THE NEW ECONOMY
114
POVERTY AND OTHER SOCIAL PROBLEMS
132
CULTURE AND THE MARKET ECONOMY
175
A NEW MONGOLIA IN A NEW WORLD
199
SINOMONGOLIAN RELATIONS
225
AFTERWORD
246
NOTES
253
SELECT BIBLIOGRAPHY
343
INDEX
383
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About the author (2005)

Morris Rossabi is Professor of History at the City University of New York and Adjunct Professor of East and Inner Asian History at Columbia University. Among his books are Governing China's Multiethnic Frontiers (2004), Bounty from the Sheep (2000), Voyager from Xanadu (1992), Khubilai Khan: His Life and Times (California, 1988), and China among Equals (California, 1983).

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