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

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

Paperback

EconomicsGeneral Political Science

ISBN10: 929262248X
ISBN13: 9789292622480
Publisher: Asian Development Bank
Published: Jun 26 2020
Pages: 320
Weight: 1.27
Height: 0.87 Width: 6.00 Depth: 9.00
Language: English

This book examines Mongolia's recent economic development and outlines reforms that would help the country take advantage of its many opportunities.


Mongolia is a resource-rich country that, despite being landlocked, is well-placed to take advantage of trade with its two giant neighbors. To maximize the country'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.

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Economics