01845cas a2200265 a 4500 AALejournalIMF013318 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475594881 1018-5941 BD-DhAAL BD-DhAAL Maino, Rodolfo. Macroprudential Policies for a Resource Rich Economy The Case of Mongolia / Rodolfo Maino, Patrick Imam, Yasuhisa Ojima. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (47 pages) IMF Working Papers <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 explores the extent to which macroprudential tools can be used to manage banking sector risks in Mongolia, a commodity producing country exposed to both procyclical and cross-sectional financial sector risks. Loose fiscal policy, rising credit activity, and heightened risk appetite-attributable to the commodity boom-are fuelling price volatility in asset markets, posing significant risks to financial stability if left unchecked. Rising interconnectedness, potential increase in dollarization and concentrated exposures are compounding those risks. Macroprudential tools can complement fiscal and monetary policy adjustments to avoid the buildup of vulnerabilities in the banking sector. Mode of access: Internet Imam, Patrick. Ojima, Yasuhisa. IMF Working Papers; Working Paper ; No. 2013/018 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/018/001.2013.issue-018-en.xml IMF e-Library