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"Despite a recent slowdown, Mongolia has experienced dramatic economic growth in the 2000s, exceeding global trends. Foreign direct investment, mining, infrastructure spending, and, more recently, strong fiscal and monetary stimulus measures have driven much of this growth. The country now faces challenges in terms of creating jobs without overly relying on public spending fueled by natural resource exploitation. In 2014, the Mongolian government commissioned RAND to collaborate on a study of the labor market with the Institute for Labour Studies (ILS) of the Mongolian Ministry of Labour. Using a supply-demand framework, this study analyzed the Mongolian labor market to identify where it is performing well, where it is underperforming, and whether there are constraints to improvement. RAND and ILS especially focused on youth labor and education issues, using a new survey developed by the two organizations. The ILS and RAND teams chose this focus because of the importance of youth labor-market success to the economic future of the country and because analysis of Mongolian labor data showed relatively high rates of youth not in school or the labor market compared with a variety of other economies, including other similar transition economies. The Mongolian Ministry of Population Development and Social Welfare has recognized this importance by announcing 2015 as the year of youth development. The ILS-RAND Mongolian Youth Survey is a nationwide survey that provides new insights into the challenges faced by youth, as well as their achievements and aspirations, to inform the development of policy to address these concerns."--Back cover.

Labor market --- Youth --- Education --- Occupational training --- Labor & Workers' Economics --- Business & Economics --- Employment --- Economic aspects --- Young people --- Young persons --- Youngsters --- Youths --- Employees --- Market, Labor --- Supply and demand for labor --- Job training --- Manpower development and training --- Manpower training programs --- Vocational training --- Supply and demand --- Age groups --- Life cycle, Human --- Markets --- Training --- Education and training services industry --- Practice firms --- Mongolia --- Mongolia. --- Economic conditions. --- BNMAU --- Bu̇gd Naĭramdakh Mongol Ard Uls --- Bu̇gd Naĭramdakh Mongol Ard Ulsyn --- Bügd Nayramdah Mongol Ard Uls --- Gaimōko --- Meng-ku --- Meng-ku jen min kung ho kuo --- Menggu --- Menggu ren min gong he guo --- MNR --- Mōko Jinmin Kyōwakoku --- Mongġol --- Mongġol Ulus --- Mongol Népköztársaság --- Mongol Uls --- Mongolei --- Mongolian People's Republic --- Mongolian Republic --- Mongolie --- Mongoliet --- Mongolii͡ --- Mongolische Volksrepublik --- Mongolʹskai͡a narodnai͡a respublika --- Mongoru --- Mongoru Jimmin Kyōwakoku --- Mongoru Jinmin Kyōwakoku --- Outer Mongolia --- République populaire de Mongolie --- Wai Meng-ku --- China