The Report: Mongolia 2013

While a significant nomadic population still pushes its herds across the steppe, young adults in Ulaanbaatar use fibre-optic networks to access the internet. Heir to the legacy of Chinggis Khan, Mongolia is fast emerging as a land rich with economic potential – a country that is seeking growth while also working to preserve its unique national culture. The mining sector has made Mongolia a key player in the global economy and has spurred expansion in other industries. Since the fall of communism in 1990, Mongolia’s economy has experienced rapid diversification. The government is looking to expand these efforts going forward, and the country’s potential for development is as vast as its landscape.