A01=Morris Rossabi
asia scholars
asian studies
Author_Morris Rossabi
business and industry
capitalism
capitalist society
Category=NHF
china
civic
commissars
communism
economic growth
economic history
eq_bestseller
eq_history
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
foreign aid
history
international financial agencies
international relations
khans
minimalist government
modern history
money
mongolia
mongolian history
mongolian society
political history
political science
poverty
pure market economy
retrospective
russia
soviet union
Product details
- ISBN 9780520244191
- Weight: 635g
- Dimensions: 152 x 229mm
- Publication Date: 25 Apr 2005
- Publisher: University of California Press
- Publication City/Country: US
- Product Form: Paperback
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Land-locked between its giant neighbors, Russia and China, Mongolia was the first Asian country to adopt communism and the first to abandon it. When the Soviet Union collapsed in the early 1990s, Mongolia turned to international financial agencies - including the International Monetary Fund, the World Bank, and the Asian Development Bank - for help in compensating for the economic changes caused by disruptions in the communist world. "Modern Mongolia" is the best-informed and most thorough account to date of the political economy of Mongolia during the past decade. In it, Morris Rossabi explores the effects of the withdrawal of Soviet assistance, the role of international financial agencies in supporting a pure market economy, and the ways that new policies have led to greater political freedom but also to unemployment, poverty, increasingly inequitable distribution of income, and deterioration in the education, health, and well-being of Mongolian society. Rossabi demonstrates that the agencies providing grants and loans insisted on Mongolia's adherence to a set of policies that did not generally take into account the country's unique heritage and society.
Though the sale of state assets, minimalist government, liberalization of trade and prices, a balanced budget, and austerity were supposed to yield marked economic growth, Mongolia - the world's fifth-largest per capita recipient of foreign aid - did not recover as expected. As he details this painful transition from a collective to a capitalist economy, Rossabi also analyzes the cultural effects of the sudden opening of Mongolia to democracy. He looks at the broader implications of Mongolia's international situation and considers its future, particularly in relation to China.
Morris Rossabi is Professor of History at the City University of New York and Adjunct Professor of East and Inner Asian History at Columbia University. Among his books are Governing China's Multiethnic Frontiers (2004), Bounty from the Sheep (2000), Voyager from Xanadu (1992), Khubilai Khan: His Life and Times (California, 1988), and China among Equals (California, 1983).
