Journal of Business and Management Sciences
ISSN (Print): 2333-4495 ISSN (Online): 2333-4533 Website: http://www.sciepub.com/journal/jbms Editor-in-chief: Heap-Yih Chong
Open Access
Journal Browser
Go
Journal of Business and Management Sciences. 2015, 3(2), 64-68
DOI: 10.12691/jbms-3-2-2
Open AccessResearch Article

Insights of the Mongolian Labor Market

Oyungerel Tudev1, and Gerelmaa Damba1

1Business Administration Department, Institute of Finance and Economics, Ulaanbaatar, Mongolia

Pub. Date: June 04, 2015
(This article belongs to the Special Issue Labor Market: the actual problems of theory and practice)

Cite this paper:
Oyungerel Tudev and Gerelmaa Damba. Insights of the Mongolian Labor Market. Journal of Business and Management Sciences. 2015; 3(2):64-68. doi: 10.12691/jbms-3-2-2

Abstract

World Economic Forum’s Global Competitiveness Report is a global ranking of the economies, covering over 100 indicators. However, a detailed profile and extensive data tables are perhaps inadequate to explain the existing circumstances of each individual country. The labor market of Mongolia, with its sudden, high evaluation results attracted particular attention of the authors, questioning whether corresponding scores provide sufficient information to understand and define the problem solving policy. The main concern raised by this study is to explain whether and to what extend the Mongolian overall ranking was affected by Flexibility, Management, Gender issues in the labor market.

Keywords:
labor market flexibility efficiency competitiveness gender governance

Creative CommonsThis work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

References:

[1]  Bridgman, Benjamin, Qi, Shi and Schmitz, James A. 2009. The Economic Perfomance of Cartels: Evidence from the New Deal U.S. Sugar Manufacturing Cartel. Federal Reserve Bank of Minneapolis Staff Report 437. 2009, pp. 1934-1974.
 
[2]  Bushnell, James B and Wolfram, Catherine D. 2009. The guy at the controls: Labor quality and power plant efficiency. International differences in the business practices and productivity of firms. Chicago : Chicago Press, 2009, pp. 79-102.
 
[3]  Chimeddosrj, M. 2013. The wage structure analysis. Ministry of Labor of Mongolia, Labor Research Institution. Ulaanbaatar : Munkhiin useg, 2013.
 
[4]  Corporate governance scorecard 2011. Corporate Governance Development Center of Mongolia; Financial Regulatory Commission of Mongolia. 2013.
 
[5]  Hansen, Jan and Lkhagvasuren, Amar. 2014. Mongolia. [book auth.] ADB. Economic trends and prospects in developing Asia: East Asia. ulaanbaatar : s.n., 2014, pp. 146-149.
 
[6]  Learning and forgetting:The dinamics of aircraft production. Benkard, Lanier C. 2000. 4, 2000, American Economic Review, Vol. 90, pp. 1034-1054.
 
[7]  Thornton, Rebeca Achee and Thompson, Peter. 2001. Learning from experience and learning from others:An exploration of learning and spilovers in wartime shipbuilding. 5, 2001, American Economic Review, Vol. 91, pp. 1350-1368.
 
[8]  Bertrand, Marianne and Schoar, Antoinette. 2003. Managing with style: The effect of managers on firm policies. 4, 2003, Quaterly Journal of Economics, Vol. 118, pp. 1169-1208.
 
[9]  Bloom, Nicholas and Van Reenen, John. 2007. Measuring and explaining management practices across firms and countries. 4, 2007, Quaterly Journal of Economics, Vol. 122, pp. 1351-1408.
 
[10]  World Bank. 2013. Mongolia: gender disparities in labor markets and policy suggestions.
 
[11]  Xavier, S., et al. 2013. The Global Competitiveness Index 2013–2014: Sustaining Growth, Building Resilience. [book auth.] Klaus Schwab. The Global Competitiveness Report 2013–2014. Geneva : s.n., 2013, pp. 3-52.
 
[12]  Schwab, Klaus. 2013. The Global Competitiveness Report 2013-2014. Geneva : SRO-Kundig, 2013.
 
[13]  The Global Competitiveness Report 2014-2015. World economic forum. [Online] http://www.weforum.org/reports/global-competitiveness-report-2014-2015. [Accessed Oct. 20, 2014].
 
[14]  Syverson, Chad. 2011. What determines productivity? Journal of Economic Literature, Vol. 49, 2, pp. 326-365.
 
[15]  Williams, Andrea. 2014. Family Businesses – Playing a pivotal role in the Economy. Pedersen & Partners. [Online] https://www.pedersenandpartners.com/sites/default/files/public/in-the-media/corporate_governance_is_the_key_gcc_family_business.pdf. [Accessed June 25, 2014].
 
[16]  Ариунцэцэг, З. 2014. Үндэсний томоохон үйлдвэрүүдийн менежментийн чадавхийг үнэлэх нь. Улаанбаатар : СЭЗДС, 2014.
 
[17]  БШУЯ. 1995. Төрийн Албан Хаагчид Нэмэгдэл Олгох Журам. Боловсрол Шинжлэх Ухааны Яам. [Online] 06 14, 1995. http://www.meds.gov.mn/director-content-389-317.mw. [Accessed Dec. 120, 2014].
 
[18]  Амгалан, Т. 2009. Жендэр ба хүний хөгжил. Улаанбаатар : s.n., 2009. Монгол улсын хүний хөгжлийн илтгэл 2011.
 
[19]  Март, А. 2014. Монгол улсын компанийн засаглалын үндэсний тайлан 2013. Гэр бүлийн компаний засаглал. 2014.
 
[20]  ЭЗХЯ. Монгол Улсын Мянганы Хөгжлийн Зорилтуудын Хэрэгжилтийн Үндэсний Тав дахь Илтгэл. Эдийн засгийн хөгжлийн яам. Улаанбаатар, 2013.
 
[21]  МУЗГ. 2011. Хонины ноос, тэмээний ноос бэлтгэж үндэсний үйлдвэрт тушаасан хоршооны гишүүн малчин, мал бүхий этгээдэд мөнгөн урамшуулал олгох тухай. Эрх зүйн мэдээллийн нэгдсэн систем. [Online] 2011. http://www.legalinfo.mn/annex/details/2894?lawid=2716. [Accessed Dec. 120, 2014].
 
[22]  Gender Analysis of Public Spending. Ministry of Finance of Mongolia; UNDP. Ulaanbaatar : s.n., 2011.
 
[23]  World Bank, 2014. Mongolia Economic Update. Ulaanbaatar: The World Bank Group in Mongolia, December, 2014.