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This book is a rarity in that it analyzes comprehensive updates of East Asian economies beyond COVID-19 with quantitative and scientific methods. COVID-19 has brought in structural changes such as the facilitation of digitalization and the slowdown of globalization in the region’s economies. Meanwhile, those economies have adjusted their structures to the changes and have enhanced their resilience against the shocks beyond COVID-19 in order to sustain their economic growth. These adjustments have accompanied the transformations of industries (such as servicification), global value chains,...

This book provides quantitative evidence on the issues in fiscal and monetary policies in Mongolia and presents necessary policy recommendations for policymakers and academic circles. Mongolia belongs to a natural resource-based, transition economy and thus has faced the risk of the so-called resource curse—including the “Dutch Disease” and immaturity in market-based systems, particularly in financial markets. Consequently, reformations of resource allocation and policy governance in fiscal and monetary fields have been required. So far, however, there have been only a very limited...