HIGHLIGHTS
SUMMARY
In such a situation, the then-Prime Minister Dashyn Byambasuren (Д.Бямбасүрэн) hastily signed the Decree No 20 on January 15, 1991, which signified Mongolia`s full acceptance of financial assistance and neoliberal policy suggestions of the International Monetary Fund (IMF) (Murrell et_al, 1992: 8-11; Boldbaatar, 2017: 173). The authors then analyze Mongolia`s socioeconomic changes after the free market monetary policy to critically review the negative consequences of the neoliberal reforms focusing on major indicators. The Historical Context of Mongolian Economic Transition To examine how the ideology of neoliberalism has been introduced to Mongolia . . .
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