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21 to 22 February 2022 | Open meeting

Developing Asia-Pacific countries usually have national macroeconomic models that can be used to assess the potential economic impacts of adverse shocks and changes in economic policy directions. Yet, these models typically focus on economic dimension of sustainable development, while neglecting the social and environmental aspects. As countries seek to achieve the 2030 Agenda for Sustainable Development, there is a need to move beyond these traditional macroeconomic models because they are not designed to give a comprehensive picture of the impacts of public policies.

 

Amid the COVID-19 pandemic, the merit of having a macroeconomic model that captures interactions among economic, social and environmental variables has become more evident. As countries are introducing an unprecedented scale of fiscal stimulus, they need to ensure that such spending helps them to ‘build forward better’, that is, socially inclusive, more resilient to future shocks, and ecologically sustainable.

 

In this context, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), together with the United Nations country team, are carrying out a capacity building project that aims to further integrate sustainable development into macroeconomic modelling in Mongolia. This national workshop is organized as part of this project.

 

The workshop will run for two days, Monday 21st February - Tuesday 22nd February 2022, at 15.00-17.00 hours Mongolia Ulaanbatar Time (14.00-16.00 hours Bangkok Time). It aims to (a) discuss ideas on public policy options that help Mongolia build forward better (Day 1); and (b) strengthen the technical capacity of government officials in conducting macroeconomic analysis that duly considers the social and environmental aspects of development (Day 2). Participation on Day 1 of the workshop is open to the public, while Day 2 targets government officials who work on economic modelling to support long-term development planning.


Event video

21 Feb 2022
15:00
15:30
Session 1 - Opening remarks
Video conference (Mongolia Ulaanbaatar Time)

Remarks (10 mins each)

  • H.E. Mr. Narantsogt Sanjaa, Vice Minister, Ministry of Economy and Development
     
  • Ms. Armida Salsiah Alisjahbana, Executive Secretary, ESCAP
     
  • Mr. Tapan Mishra, United Nations Resident Coordinator in Mongolia

 

Moderator

  • Mr. Hamza Ali Malik, Director, Macroeconomic Policy and Financing for Development Division, ESCAP
15:30
16:30
Session 2 – Building Mongolia forward better: policy options and implications
Video conference (Mongolia Ulaanbaatar Time)

This session reviews Mongolia’s major development opportunities and challenges and discusses the socio‐economic and environmental implications of selected policy options to achieve more inclusive, resilient and green development.

Presentations (20 mins each)

 

1. Medium-term development policy planning for sustainable development amidst COVID-19

  • Ms. Suzanna Sumkhuu, Acting Director General of Development Policy and Planning Department, Ministry of Economy and Development

2. Key sustainable development challenges and priority areas for cooperation between the United Nations and the Government of Mongolia

  • Ms. Nurjemal Jalilova, Development Coordination Officer/Economist, United Nations Resident Coordinator’s Office

3. Socio-economic and environmental impacts of policy scenarios in Mongolia

  • Ms. Dawn Holland, Senior consultant on macroeconomic modelling

 

Moderator

  • Mr. Ganbold Baasanjav, Head, Subregional Office for East and North‐East Asia, ESCAP
16:30
17:00
Session 3 – Q&A and open discussion
Video conference (Mongolia Ulaanbaatar Time)

Moderator

  • Mr. Ganbold Baasanjav, Head, Subregional Office for East and North‐East Asia, ESCAP
22 Feb 2022
15:00
17:00
Technical session on implementing the ESCAP macroeconomic model for sustainable development for Mongolia
Video conference (Mongolia Ulaanbaatar Time)

This session highlights the basic technical features of the model, explain the model’s technical manual, and demonstrates how to execute the model in the EViews statistical software.

  • Ms. Dawn Holland, Senior consultant on macroeconomic modelling

A Q&A session follows.

Session 1 - Opening remarks

Narantsogt Sanjaa
Mr. Narantsogt Sanjaa
Vice Minister of Economy and Development of Mongolia
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Mr. Narantsogt Sanjaa is the Vice Minister of Economy and Development of Mongolia who has two decades of experience in the Government of Mongolia. Prior to joining the Ministry of Economy and Development, Mr. Narantsogt was the State Secretary of Ministry of Finance. Previously, he served as the Director General of Department at the Ministry of Labor, Ministry of Education, Science, Sports and Culture as well as and Ministry of Finance. During his years in the public service, he was awarded with state decorations and orders for his dedication and accomplishment to advancing the country’s development.

A Mongolian national, he holds a Doctor of Philosophy degree in Engineering-Economics from the Seoul National University, and Bachelor’s and Master’s degrees in Physics and Mathematics from the School of Physics and Mathematics, National University of Mongolia. He has successfully completed the Public Financial Management Program at the Harvard University, the Program of Revenue Statistics from the Seoul National University, and the Public Financial Management Program in Singapore.

ESCAP Executive Secretary
Ms. Armida Salsiah Alisjahbana
Under-Secretary-General of the United Nations and Executive Secretary of ESCAP
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Ms. Armida Salsiah Alisjahbana is the Under-Secretary-General and Executive Secretary of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). Formerly, she was Professor of Economics at Universitas Padjadjaran, Indonesia, where she also served as a Director for the Center for Sustainable Development Goals Studies, as well as Vice Chair of the Indonesian Academy of Sciences. Prior, she was the Minister of National Development Planning and the Head of National Development Planning Agency in Indonesia, alongside being the Alternate Governor of the World Bank and the Asian Development Bank representing Indonesia.

Mr. Tapan Mishra
Mr. Tapan Mishra
United Nations Resident Coordinator in Mongolia
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Mr. Tapan Mishra, as the United Nations Resident Coordinator (UN RC) for Mongolia since September 2019, leads the UN Country Team in coordinating operational activities for development in the country. Prior to this, Mr. Mishra served as UN RC in DPR Korea from 2015 to 2019.

 

Mr. Tapan Mishra first joined the UN system in 2003 as the UNDP Learning Advisor and Deputy Chief of the Learning Resources Centre (LRC) in the Office of Human Resources, Bureau of Management, and became the Director and Chief of LRC from 2007 to 2013. Thereafter, he served as Senior Advisor at the Business Solutions Exchange till 2015 when he was appointed as UN RC.

 

Prior to joining the UN, Mr. Mishra worked in India both in private and public sector organizations. He is a Management Postgraduate from XLRI, Jamshedpur, a premier Business School in India, and has also been teaching HR Management at leading institutions in India, like NMIMS in Mumbai and at Columbia University, School for International and Public Affairs (SIPA) in the United States.

MPFD Director
Mr. Hamza Ali Malik
Director, Macroeconomic Policy and Financing for Development Division (MPFD), ESCAP
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Mr. Hamza Ali Malik is currently the Director of Macroeconomic Policy and Financing for Development Division (MPFD) at UNESCAP. He leads the team responsible for analyzing economic conditions and emerging development challenges in Asia and the Pacific economies and assesses potential policy options and financing strategies that can support them in their pursuit of the 2030 Agenda for Sustainable Development. Before joining the UNESCAP in 2014, Hamza worked as the Director of Monetary Policy Department at the central bank of Pakistan (SBP). He graduated from McMaster University with a Ph.D. in economics in 2002.

Session 2 – Building Mongolia forward better: policy options and implications

Suzanna Sumkhuu
Ms. Suzanna Sumkhuu
Acting Director General of the Development Policy and Planning Department at the Ministry of Economy and Development of Mongolia
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Ms. Suzanna Sumkhuu is the Acting Director General of the Development Policy and Planning Department at the Ministry of Economy and Development of Mongolia. She is responsible for formulating long, medium, and short-term national development policies, identifying development priorities across economic, social, and environmental pillars of sustainable development, and providing methodological support to national and sub-national development planning counterparts.

Ms. Suzanna is a sustainability and development professional with a track record of designing and developing policy, institutional and legal mechanisms for development planning in Mongolia. She is the focal point for the Sustainable Development Goals as well as the NDC Partnership Platform for Mongolia.

Ms. Nurjemal Jalilova
Ms. Nurjemal Jalilova
Development Coordination Officer, Economist at the Office of the United Nations Resident Coordinator’s Office (RCO) in Mongolia
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Ms. Nurjemal Jalilova is the Development Coordination Officer, Economist at the Office of the United Nations Resident Coordinator’s Office (RCO) in Mongolia. Formerly, she worked as the Development Finance and Partnership Officer in the RCO Turkmenistan and Programme Analyst on Economic Diversification, Governance, and Inclusive Growth at the UNDP Turkmenistan. Prior to joining the UN system, she worked at senior positions in the Ministry of Finance and Economy of Turkmenistan. She also did consultancy and research work with the International Monetary Fund, the World Bank, Oxford Policy Management and other. She obtained undergraduate degree in Economics and Law from the Turkmen State University (Turkmenistan), postgraduate degree in Banking and Finance from the University of Antwerp (Belgium). She is currently pursuing MicroMaster Degree Programme in Data, Economics, and Development Policy from the Massachusetts Institute of Technology (USA).

Ms. Dawn Holland
Ms. Dawn Holland
Senior Consultant on macroeconomic modelling for UN ESCAP
Know More

Ms. Dawn Holland is a Senior Consultant on macroeconomic modelling for UN ESCAP and a Fellow of the National Institute of Economic and Social Research (NIESR) in London, UK. She is also a Member of the Irish Fiscal Advisory Council, and previously served as Chief of Global Economic Monitoring at UN/DESA, steering production of the UN’s flagship publication World Economic Situation and Prospects and the development of the UN’s World Economic Forecasting Model. She is currently working with UN ESCAP to develop macroeconomic modelling tools that incorporate social and environmental dimensions.

Mr. Ganbold Baasanjav
Mr. Ganbold Baasanjav
Head, Subregional Office for East and North‐East Asia, ESCAP
Know More

Mr. Ganbold Baasanjav is the Head of United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) East and North-East Asia Office based in Incheon, Republic of Korea. Prior to joining ESCAP in 2019, Mr. Ganbold worked extensively for the government of Mongolia as a career diplomat, serving as Ambassador to the Republic of Korea (2013-2018) and Viet Nam (2004-2008), and more recently as the Ambassador-at-large at the Ministry of Foreign Affairs for Sustainable Development.

Earlier he served as the State Secretary of the Ministry of Foreign Affairs, the Director-General of the Departments of Public Affairs and Asia and the Pacific respectively, and in the Embassy of Mongolia in Pyongyang, DPR of Korea. He earned his BA in International Relations from Moscow State Institute of International Relations (MGIMO), Russia, MA in Political Science from University of Hawaii at Manoa, USA, and PhD in Law from Hankuk University of Foreign Studies, Republic of Korea.

Session 3 – Q&A and open discussion

Ganbold Baasanjav
Mr. Ganbold Baasanjav
Head, Subregional Office for East and North‐East Asia, ESCAP
Know More

Mr. Ganbold Baasanjav is the Head of United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP) East and North-East Asia Office based in Incheon, Republic of Korea. Prior to joining ESCAP in 2019, Mr. Ganbold worked extensively for the government of Mongolia as a career diplomat, serving as Ambassador to the Republic of Korea (2013-2018) and Viet Nam (2004-2008), and more recently as the Ambassador-at-large at the Ministry of Foreign Affairs for Sustainable Development.

Earlier he served as the State Secretary of the Ministry of Foreign Affairs, the Director-General of the Departments of Public Affairs and Asia and the Pacific respectively, and in the Embassy of Mongolia in Pyongyang, DPR of Korea. He earned his BA in International Relations from Moscow State Institute of International Relations (MGIMO), Russia, MA in Political Science from University of Hawaii at Manoa, USA, and PhD in Law from Hankuk University of Foreign Studies, Republic of Korea.

 

Technical session on implementing the ESCAP macroeconomic model for sustainable development for Mongolia

Ms. Dawn Holland
Ms. Dawn Holland
Senior Consultant on macroeconomic modelling for UN ESCAP
Know More

Ms. Dawn Holland is a Senior Consultant on macroeconomic modelling for UN ESCAP and a Fellow of the National Institute of Economic and Social Research (NIESR) in London, UK. She is also a Member of the Irish Fiscal Advisory Council, and previously served as Chief of Global Economic Monitoring at UN/DESA, steering production of the UN’s flagship publication World Economic Situation and Prospects and the development of the UN’s World Economic Forecasting Model. She is currently working with UN ESCAP to develop macroeconomic modelling tools that incorporate social and environmental dimensions.

for more information, please contact

Macroeconomic Policy and Financing for Development Division +66 2 288-1234 [email protected]
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