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Mongolia succumbs to the ‘resource curse’

[Нийтэлсэн: 18.10.2016] [Эх сурвалж: ]

At the end of September Mongolia’s Prime Minister Erdenebat Jargaltulga announced that his country would be seeking IMF assistance to help stem its continuing economic woes. This plea for help finally confirmed what many suspected: Mongolia has succumbed to the dreaded ‘resource curse’. On the surface level the idea of a resource curse seems to [...]



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