What areas of Mongolia’s economy have the most potential to contribute to GDP growth and achieve greater diversification?
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Interviews & Viewpoints | OBG talks to Prime Minister Norovyn Altankhuyag from The Report: Mongolia 2014
Articles & Analysis | From the bench: New, clearer rules for investing are being implemented from The Report: Mongolia 2014
Legislative changes in early 2012, like the Strategic Entities Foreign Investment Law (SEFIL), combined with a global trend of capital outflow from developing countries, unnerved investors and led to 17% and 47% year-on-year drops in foreign direct investment (FDI) in 2012 and the first three quarters of 2013, respectively. In November 2013, the...
Interviews & Viewpoints | OBG talks to President Tsakhiagiin Elbegdorj from The Report: Mongolia 2014
With a new investment law in place, what are the next steps for your administration to ensure the long-term stability of investments in Mongolia?
Interviews & Viewpoints | José Manuel Barroso, President, European Commission (EC), on developing Mongolian-EU relations from The Report: Mongolia 2014
Over the centuries, Mongolia and Europe have been much closer than you would think from looking at a map. Our destinies were tied together in the 13th and 14th centuries when the Pax Mongolica enabled East and West to meet for the first time in history and to travel freely along the silk route which the Khan dynasty secured as a free trade route...
Articles & Analysis | Continued momentum: Despite turbulence, double-digit growth was maintained in 2013 from The Report: Mongolia 2014
Following a mining-related boom in exports and foreign direct investment (FDI), from mid-2012 Mongolia’s rapid economic growth faced the challenges of trade deterioration and falling commodity prices and demand on the one hand, and global and regional uncertainty on the other. The Oyu Tolgoi (OT) gold and copper mine that had emerged as a beacon...
Articles & Analysis | Re-establishing momentum: The government must overcome political and regulatory uncertainty from The Report: Mongolia 2014
For a relatively young democracy, Mongolia has taken giant steps in developing its socioeconomic and political system. The values of democracy are today very much instilled in Mongolian society, which is significant given the country’s socialist past. Economic development has also been a major achievement in recent years, as the country has seen a significant inflow of...