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In 2013, the Mongolian economy is expected to maintain double digit growth due to the start of copper production of the Oyu Tolgoi (OT) mine and expansionary economic policies. Yet, the economy is facing a significant challenge from growing balance of payments pressures as the foreign direct...
Persistent link: https://www.econbiz.de/10012560473
Mongolia has made strong progress on key gender-related Millennium Development Goals (MDGs) in recent years. Gender indicators in education and health are also better in many respects than in comparator countries in the East Asia and Pacific region. Women have a limited presence in higher level...
Persistent link: https://www.econbiz.de/10012560583
As Mongolia has begun to develop its abundant mineral resources over the past decade, the share of mining in gross domestic product (GDP) has more than tripled to around 20 percent currently. The sector has also contributed up to a third of total government receipts in recent years and more than...
Persistent link: https://www.econbiz.de/10012560584
In 2012, Mongolia's economy continued to experience a high growth rate of 12.3 percent. This growth rate was however lower than anticipated as Mongolia saw its coal exports drop significantly due to China's economic slowdown. Most noticeably, Mongolia had to finance a large fiscal deficit of 8.4...
Persistent link: https://www.econbiz.de/10012560588
Mongolia's mineral-rich economy was hit extremely hard by the global downturn during 2008-9, when copper prices plunged, external demand fell, and growth collapsed. The shock exposed serious underlying weaknesses in the management of the country's natural resource wealth, particularly the lack...
Persistent link: https://www.econbiz.de/10012560881
The sustainable development of ger areas in Ulaanbaatar (UB), the capital city of Mongolia, is one of the critical development issues facing the country. The transitions to a market economy and a series of severe winters (called zud) have resulted in the large-scale migration of low-income...
Persistent link: https://www.econbiz.de/10012561095
Mongolia was one of the East Asian economies hardest hit by the global downturn, as copper prices collapsed and external demand fell. With the recovery in economic activity currently well underway, but the policy challenges highlighted by the crisis yet to be fully addressed, this economic...
Persistent link: https://www.econbiz.de/10012561139
In the 1990s, Mongolia surprisingly became a new democracy - surprising because of its low income levels and geographic distance from established democracies. This article explores the country's transition process and the reasons for its successful democratization 'against the odds'. It argues...
Persistent link: https://www.econbiz.de/10012562184
Abortion was made legal on request in Mongolia in 1989, following the collapse of the socialist regime, and later bound by a range of regulations. Concerned about the high number of abortions and inadequate quality of care in abortion services, the Ministry of Health applied the World Health...
Persistent link: https://www.econbiz.de/10012562280
In 2014, economic growth slowed as it began to adjust to unsustainable economic imbalances. Real GDP growth softened to 7 percent in the first 9 months, from 12.8 percent in the previous year. Despite strong mining production growth of 26 percent, the growth of the non-mining sector of the...
Persistent link: https://www.econbiz.de/10012564466