01627cas a2200241 a 4500 AALejournalIMF011731 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475502374 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Mongolia : Second Post-Program Monitoring Discussions. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (39 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents the second postprogram monitoring discussions on Mongolia's economic developments. The Mongolian economy is undergoing a rapid expansion underpinned by strong commodity prices. Macroeconomic policies have been too expansionary, and the economy is overheating. A steady erosion of fiscal discipline, set against a backdrop of heightened global economic risks, has raised the risk of macroeconomic instability. There is an urgent need to reorient policies to contain overheating and strengthen the economy's ability to endure deterioration in the global environment. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/052 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/052/002.2012.issue-052-en.xml IMF e-Library