This publication examines Mongolia’s recent economic development and outlines reforms that would help the country take advantage of its many opportunities. Mongolia is rich in natural resources and, although landlocked, is well-placed to boost trade with its two giant neighbors. The country needs to diversify its economy beyond mining, enhance economic stability, and increase employment. To maximize Mongolia’s potential the government can improve macroeconomic management, enhance the skill base, and provide hard and soft infrastructure to promote trade and efficient logistics. Governance and institutional reforms are also crucial. The government will need to continue to drive reforms so that they are well implemented and deliver the intended change.
Matthias Helble & Hal Hill
Mongolia’s Economic Prospects [EPUB ebook]
Resource-Rich and Landlocked Between Two Giants
Mongolia’s Economic Prospects [EPUB ebook]
Resource-Rich and Landlocked Between Two Giants
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Language English ● Format EPUB ● Pages 320 ● ISBN 9789292622497 ● File size 44.5 MB ● Age 99-17 years ● Editor Matthias Helble & Hal Hill ● Publisher Asian Development Bank ● City Manila ● Country PH ● Published 2020 ● Downloadable 24 months ● Currency EUR ● ID 7725344 ● Copy protection Adobe DRM
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