Evaluation of Mongolian Public Financial System and Policy Using PEFA-PMF and CPIA on Fiscal Policy

该研究评估了蒙古的公共财政管理和财政政策。将该方案的评价结果与其他转型期国家和发展中国家的评价结果进行了比较。平均而言，蒙古的私营部门筹资管理优于其他转型期国家和发展中国家。然而，对其进行的详细评估表明，存在一些严重的问题，如原始预算的可信度。对其财政政策的评价显示，存在助长周期性波动的财政政策的严重问题，导致2008年财政崩溃。

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.