For years following the collapse of the Soviet Union, Mongolia pursued a relatively hands-off approach to agriculture. To a certain extent, this was just another element of reform, part and parcel with the end of centralisation. It was also a practical choice. The country is too big, and at the time too poor, to micromanage from the capital. The...
Education reform and investment are vitally important for Mongolia. The country is set to come into immense wealth from mining, and it needs to spend that money wisely so that the people have the skills, expertise and knowledge to make a living from the industry now and make a living after the minerals are depleted. It must make a few very long-term...
With approximately one head of cattle per person, 10 sheep and/or goats per capita, and a clean, healthy environment perfect for organic farming, Mongolia is in a good position not only to feed itself but to sell superior, high-grade, hormone- and antibiotic-free meat. The country has the potential to go from a marginal supplier of low-grade...
With Mongolia’s economic boom in its early stages, several key questions remain unanswered that will have profound implications for its real estate sector in the future. A lack of urban planning has left the country with a serious pollution problem, transportation and infrastructure deficits, and a large-scale shortage of affordable housing.
The sector has been moving from a state-owned and -controlled industry to one driven by for-profit firms for the past two decades. However, this transition has been complicated by the challenges of extreme climate, a shortage of trained workers and logistical obstacles preventing the establishment of a steady flow of low-cost and on-time materials...
Mongolia had a relatively open and free telecoms market — that was until May 2012 when the government passed the Foreign Investment Law of Mongolia that, among other things, restricted investment in the key areas of minerals, banking, finance, media and communications. The law was primarily motivated by the growing concern that foreign interests...
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