Continuing with our series
looking at each of the 25 years since Mongolia joined the World Bank, today we look at 2001. Following a devastating winter the year before
, Mongolia would experience another dzud
in the winter of 2001-2002, with further loss of animals and livelihoods for many. It was increasingly clear that restocking after the disasters, while needed, was not sufficient. The World Bank began preparation of a project focusing squarely on sustainable livelihoods for those in rural areas. The Sustainable Livelihoods Project would be approved the next year and remain a core part of the World Bank’s partnership with Mongolia to the present
In June of 2001, the Government of Mongolia produced its Interim Poverty Reduction Strategy Paper
(I-PRSP), outlining the challenges faced by the dzud
, by the fall in commodity prices and trade as a result of the Asian financial crisis, and by the transition from socialism. The I-PRSP outlined the “main priority policy issues of the government: reduction of unemployment, public sector management, improvement of access and delivery of basic services, and increase of living standards of the population.” An assessment
by the staff of IDA and the IMF lauded the I-PRSP’s strong analysis of government policies, designed to ensure macroeconomic stability; solid assessment of poverty; early involvement of civil society and other major stakeholders in the preparation process; and a satisfactory agenda for stakeholder analysis.