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Mongolia's Economic Prospects : Resource-Rich and Landlocked Between Two Giants, EPUB eBook

Mongolia's Economic Prospects : Resource-Rich and Landlocked Between Two Giants EPUB

Edited by Matthias Helble, Hal Hill, Declan Magee

Part of the Country Diagnostic Studies series

EPUB

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Description

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.

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