2009 Fiscal Year Final Research Report
Evaluation of Mongolian Public Financial System and Policy Using PEFA-PMF and CPIA on Fiscal Policy
| Project/Area Number |
19530256
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic policy
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| Research Institution | Nanzan University |
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Principal Investigator |
UENO Hiroshi Nanzan University, 総合政策学部, 教授 (10324906)
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| Project Period (FY) |
2007 – 2009
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| Keywords | 公共財政経営(Public Financial Management) / 公共支出財政アカウンタビリティー(Public Expenditure and Financial Accountability) / 国別政策制度評価(Country Policy and Institutional Assessment) / 業績測定枠組み(Performance Measurement Framework) / 公共支出レビュー(Public Expenditure Review) / 資源の呪い(resource curse) / モンゴル(Mongolia) / 移行経済(transition economy) |
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| Research Abstract |
The research evaluated the public financial management (PFM) and the fiscal policy of Mongolia. The PFM evaluation results were compared to those of other transition and developing countries. On average, Mongolian PFM was found to be better managed than other transition and developing countries. Its detailed evaluation, however, revealed that there are several serious problems such as original budget credibility. The evaluation of its fiscal policy revealed that there was a serious problem of pro-cyclical fiscal policy that resulted in the fiscal collapse in 2008.
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