World Bank2012-06-082012-06-082007https://hdl.handle.net/10986/7585The aim of this report is to identify a set of concrete steps that the government of Mongolia might take to promote private-sector activity and greater integration with the global economy in a way that leads to job creation, broad-based growth and most importantly, poverty reduction. It does this by combining an assessment of the investment climate faced by firms (through analyses of firm and household surveys and supply chains in selected sectors) with a diagnostic trade integration study. The report is structured as follows. The second chapter lays out the context and background and describes some recent trends that give some indications of where things stand. This is followed in the third and fourth chapters, which constitute the core of the report, by a detailed mapping of the main aspects of the business environment and the setting for trade. The focus in these chapters is on the aspects of the business environment that most need improvement, and on the barriers to trade integration that are the most severe. The fifth chapter lays out the basic diagnosis. The sixth and seventh chapters then outline what the analysis indicates as the most important steps that need to be taken to improve the business environment and facilitate trade integration.en-USCC BY 3.0 IGOACCESS TO CREDITACCESS TO INFORMATIONACCOUNTINGADMINISTRATIVE REFORMADVANCED TECHNOLOGYAGRICULTURAL ACTIVITIESAGRICULTURAL SECTORAIRAIR FREIGHTAIR TRANSPORTAUDITSBANK LENDINGBANK LOANBANK LOANSBANKING SECTORBANKRUPTCYBANKRUPTCY LAWSBANKSBINDING CONSTRAINTBORDER CROSSINGBRIBEBRIBESBUSINESS ACTIVITYBUSINESS CLIMATEBUSINESS ENVIRONMENTBUSINESS PRACTICESCAPITAL NEEDSCHAMBER OF COMMERCECOLLATERALCOLLATERAL REQUIREMENTSCOMMODITYCOMMODITY EXPORTSCOMPLIANCE COSTSCONFLICT OF INTERESTCONFLICTS OF INTERESTCONTRACT ENFORCEMENTCORPORATE GOVERNANCECORPORATE TAXCORPORATE TAX RATECORPORATE TAX RATESFINANCIAL INTERMEDIATIONFINANCIAL PRODUCTSFINANCIAL RESOURCESFINANCIAL SECTORFLOW OF MONEYFORECLOSUREFOREIGN CURRENCYFOREIGN CURRENCY LOANFOREIGN DIRECT INVESTMENTFOREIGN EXCHANGEFOREIGN FIRMSFOREIGN INVESTMENTFOREIGN INVESTORSFORM OF COLLATERALFREIGHT SERVICEFREIGHT SERVICESFREIGHT TRAFFICGLOBAL ECONOMYGOVERNANCE INDICATORSGOVERNMENT REVENUESGROUP OF FIRMSGROWTH RATEHARMONIZATIONHIGH INTEREST RATESHOUSEHOLD WELFAREHOUSEHOLDSHUMAN CAPITALHUMAN RESOURCEIMMOVABLE ASSETSIMMOVABLE PROPERTYIMPORT DUTIESIMPORT DUTYINCENTIVE STRUCTURESINCOMEINCOMESINDIVIDUAL FIRMSINFLATIONINFLATION RATEINSPECTIONINSTITUTIONAL INFRASTRUCTUREINSTRUMENTINTEREST RATEINTEREST RATE SPREADINTERNAL FUNDSINTERNATIONAL DEVELOPMENTINTERNATIONAL STANDARDSINVESTINGINVESTMENT CLIMATEINVESTMENT FLOWSINVESTMENT FUNDSINVESTMENT POLICIESINVESTMENT POLICYINVESTMENT PURPOSESINVESTMENT REGIMEJOB CREATIONLABOR FORCE SURVEYSLABOR MARKETLACK OF ACCESSLACK OF FINANCELACK OF TRANSPARENCYLAND REGISTRATIONLEASE FINANCINGLEGAL FRAMEWORKLEGAL SYSTEMLIBERALIZATIONLIMITED ACCESSLIMITED ACCESS TO FINANCELIQUIDATIONLOAN RATESLOCAL GOVERNMENTLOCAL INVESTORSLONG-TERM LOANSLOW-INCOME COUNTRIESMACROECONOMIC STABILITYMARKET DISTORTIONSMARKET ECONOMYMICRO-ENTERPRISESMICROENTERPRISESNEW BUSINESSESOPEN ECONOMYOUTPUTOUTREACHOVERDRAFTOVERDRAFT FACILITYPOLITICAL SYSTEMPRIVATE INVESTMENTPRIVATE SECTOR DEVELOPMENTPRIVATIZATIONPROPERTY RIGHTSPROPRIETORSHIPPUBLIC PERCEPTIONRAILRAIL FREIGHTRAIL LINKRAILWAYSREAL ESTATEREAL INTERESTREAL INTEREST RATESRED TAPEREGISTRATION PROCESSREGISTRATION SYSTEMREGULATORY ENVIRONMENTREMITTANCEREMITTANCESRESTRICTIONS ON ENTRYRETAIL TRADINGRISK PREMIUMSROADSECRECY LAWSSETTLEMENTSKILLS SHORTAGESSOCIAL SECURITYSTART-UPSTATE ENTERPRISESUPPLY CHAINSUPPLY CHAIN MANAGEMENTSUPPLY CHAINSSURFACE TRANSPORTSUSTAINABLE GROWTHTARIFF BARRIERSTAXTAX CODETAX CREDITSTAX PROVISIONSTAX RATETAX STRUCTURETAX SYSTEMTAXPAYER SERVICESTERM CREDITTIME DEPOSITTRADE FACILITATIONTRADE REGIMETRADE SECTORTRADING ACTIVITIESTRANSITTRANSITION ECONOMIESTRANSITION ECONOMYTRANSPORTTRANSPORT CORRIDORSTRANSPORT SERVICESTRUCKSTURNOVERTYPE OF TRANSPORTUNLIMITED LIABILITYURBAN AREASVALUATIONVALUATION PROCEDURESVALUATIONSVERTICAL INTEGRATIONVOLATILITYWORKING CAPITALWORLD TRADEWorld Bank10.1596/7585