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Mongolia Bows to Pressure From IMF, Mining Majors
Multinational mining companies are ready to return to Mongolia in a big way now that the country has opened up vast new lands for exploration and eased regulatory and tax burdens for foreign investors.
Mongolia Faces Hardship as Commodities Prices Slump
Many in this country of three million people that is almost four times the size of California risk being dragged below the poverty line again as the economy sinks.
Mongolia’s Economic Miracle, Revisited
We’ve covered Mongolia’s remarkable economic rise before, but some extraordinary new figures justify a fresh look. In the European Bank for Reconstruction and Development’s 18 October Regional Economic Prospects report on post-Communist Europe, Central Asia and Turkey, Mongolia is one of the only countries whose 2012 GDP growth forecast isn’t downgraded; moreover, its forecast leads [...]