CEU Electronic Theses and Dissertations, 2014
| Author | Batbaatar, Purevmaa |
|---|---|
| Title | The Role of Secured Transactions Law in Economic Growth: The Need for Legal Reform in Mongolia |
| Summary | This paper analyses why the secured transactions reform is needed and how it is expected to contribute to economic growth of Mongolian economy. Analysis of current legal framework shows that poorly drafted laws limit the access to credit and influences economy negatively. In this paper it is asserted that the secured transactions reform improves access to capital market for small and mid –scale businesses by improving the terms of loans and increasing the total volume of credit in the economy. Another important result of reform is that better terms in lending shifts investment of businesses from service industry to manufacturing industry; thereby the reform increases productive investment and enhances the economic growth. |
| Supervisor | Baniak, Andrzej; Tajti, Tibor |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2014/batbaatar_purevmaa.pdf |
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