How Long to Read From Natural Resource Boom to Sustainable Economic Growth: Lessons for Mongolia

By Pranav Gupta

How Long Does it Take to Read From Natural Resource Boom to Sustainable Economic Growth: Lessons for Mongolia?

It takes the average reader and 31 minutes to read From Natural Resource Boom to Sustainable Economic Growth: Lessons for Mongolia by Pranav Gupta

Assuming a reading speed of 250 words per minute. Learn more

Description

Some resource-rich developing countries are in the process of harnessing immense mining resources towards inclusive growth and prosperity. Nevertheless, tapping into natural resources could be challenging given the large front-loaded investment, volatile capital flows and exposure to global commodity markets. Public investment is needed to remove the often-large infrastructure gap and unlock the economic potential. However, too rapid fiscal outlays could push the economy to its limit of absorptive capacity and increase macro-financial vulnerabilities. This paper utilizes a structural model-based approach to analyze macroeconomic impacts of different public investment strategies on key fiscal and non-fiscal variables such as debt, consumption, sovereign wealth fund, and real exchange rates. We apply the model to Mongolia and draw policy recommendations from the analysis. We find that fiscal policy adjustment, particularly moderating infrastructure investment and optimizing investment efficiency is needed to maintain macroeconomic and external stability, as well as to boost the long-term sustainable growth for Mongolia.

How long is From Natural Resource Boom to Sustainable Economic Growth: Lessons for Mongolia?

From Natural Resource Boom to Sustainable Economic Growth: Lessons for Mongolia by Pranav Gupta is 31 pages long, and a total of 7,781 words.

This makes it 10% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read From Natural Resource Boom to Sustainable Economic Growth: Lessons for Mongolia Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read From Natural Resource Boom to Sustainable Economic Growth: Lessons for Mongolia aloud.

What Reading Level is From Natural Resource Boom to Sustainable Economic Growth: Lessons for Mongolia?

From Natural Resource Boom to Sustainable Economic Growth: Lessons for Mongolia is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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