By Chuluunbaatar Enkhzaya, Prof. Dr. Alexander Karmann
Chuluunbaatar Enkhzaya examines the "inadequate" behaviour of banks in Mongolia by means of analysing the institutional framework of the banking process, specially in lending. She makes a speciality of the genesis of casual associations of lending and their interplay with formal associations of lending. Herewith, casual associations equivalent to the perspective to possibility have been in a roundabout way saw via diagnosing the "action-regulating" wisdom of bankers. in an effort to be certain a good allocation of the scarce monetary assets of Mongolia the writer accordingly indicates a metamorphosis - as simultaneous as attainable - of formal and casual ideas.
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