The Country Opinion Survey in Mongolia assists the World Bank Group (WBG) in better understanding how stakeholders in Mongolia perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector,...

Urbanization has provided opportunities for economic growth and poverty reduction in countries all over the world. Cities are well positioned to provide services due to the economies of scale that the density and spatial concentration of people and firms allow. That being said, if not carefully...

The report and the summary review the recent economic and fiscal performance of Mongolia; outline current medium-term prospects of Mongolia's economy; discuss short-term risks and structural vulnerabilities; and comment on the efficiency of past public investment programs and practices

Notwithstanding its long-term achievements, Mongolia now experiences three main problems: unstable economic growth, population wellbeing at risk and growing environmental stress. The Systematic Country Diagnostic gives a general analysis of the main problems of the Mongolian economy and its...

Mongolia has a comparative advantage in agribusiness, especially downstream industries using livestock products. Yet its share in worldwide exports of agribusiness commodities is insignificant. Enhancing the efficiency of the central economic corridor (CEC) is vital to Mongolia's effort to...

This report, the full PER, aims to undertake a detailed analysis of the recent trends in publicexpenditures and revenue with a view to helping Mongolia's policy makers and opinion leaders identify the main priorities for a successful implementation of its ongoing recovery program. It also...

While Mongolia's economy is starting to slow from its brisk pace of recent years, the medium-term growth outlook remains firmly positive. The strong economic recovery since 2017 has been underpinned by impressive fiscal outcomes, better coordination of macroeconomic policy, favorable global...

Human capital is a crucial factor of economic development. As stated in Mongolia's vision 2050, the country has so far relied heavily on its natural resources for development. It puts the human development in the center of its strategy, envisioning that children and youth will be educated at...

Mongolia is endowed with rich natural resources, including its vast pastureland, unspoiled nature, and world-class mineral deposits. However, despite the strategic opportunities, Mongolia's economy is characterized by its heavy reliance on mining, unsustainable exploitation of natural resources,...

The new government is taking office at the time when Mongolia and the world is faced with an unprecedented public health and economic crisis. The government is confronted with the difficult task of stabilizing the economy while laying the foundation for a sustainable recovery. In the short run,...