How is the government supporting cooperation with the private sector? What else can be done?
While the world has focused on high-profile retail openings in Mongolia – especially Louis Vuitton in 2009 and KFC in 2013 – and the notable absence of shoppers at some of the country’s high-end malls in recent months, much has been going on in the broader market. Retail has been developing steadily below the super-high end and big brands. Malls...
While Mongolia may seem an unlikely place for export-focused manufacturing, it is becoming less so. The country is remote, it has a small labour pool and it cannot be described as inexpensive. The local market is small and it has little in the way of an industrial tradition. However, the economics of manufacturing work for a rather wide range of...
The rise and return of light manufacturing is often overlooked in Mongolia, given that mining is so large and the potential in the resources sector so great. In recent years, small manufacturers have made a significant contribution to the country, in terms of supporting domestic consumption and exports. Cashmere has been a particularly strong...
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