Country Profile
From The Report: Mongolia 2015
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Located between economic heavyweights China and Russia, Mongolia’s traditional balancing act between its giant neighbours has come under increasing pressure in recent months, while winning and maintaining international investor confidence continues to be a multi-faceted and essential task. Expectations of rapid and sustainable growth among the country’s citizens now exist within the framework of a more uncertain global economic climate in which mineral exports in particular – a staple of the country’s balance of payments – have proven volatile. In facing a challenging environment, however, Mongolia can draw on a number of significant strengths, both from its past and present. Not only are the country’s economic fundamentals impressive, but it also has a pedigree of resilience, which, together with a more recent history of democratic governance, vibrant public debate and openness to world markets, stands it in good stead.

This chapter contains interviews with President Ts. Elbegdorj; and Prime Minister Ch. Saikhanbileg.

Articles from this Chapter

Overview

A new approach: Restoring foreign investment is high on the government’s agenda
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Mongolia is experiencing challenging times in the lead-up to the general elections in 2016. The country’s traditional balancing act between its giant neighbours has come under increasing pressure in recent months, while winning and maintaining international investor confidence continues to be a multi-faceted and essential task. However, expectations of rapid and sustainable growth among the country’s citizens now exist within the framework of a more uncertain global economic climate in which…

Interview

President Ts. Elbegdorj
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Interview: President Ts. Elbegdorj How would membership in Asia-Pacific Economic Cooperation (APEC) benefit Mongolia and lead to a more integrated regional economy? PRESIDENT TS. ELBEGDORJ: Mongolia fully supports APEC’s vision and principles, and has expressed interest in cooperating with and joining the institution since 1993. To this end, we are currently striving to meet the criteria for membership. Using APEC member practices as a benchmark, we have developed a plan for trade and investment…

Interview

OBG talks to Prime Minister Ch. Saikhanbileg
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Interview: Prime Minister Ch. Saikhanbileg What are your government’s priorities, and how is your government working to overcome the current economic downturn? PRIME MINISTER CH. SAIKHANBILEG: Following my appointment as prime minister I made it clear that I have only three priorities: the economy, the economy, the economy. Over the coming year, my government and I will work tirelessly to stabilise the economy and thereby create the right conditions for sustainable, inclusive growth. There will…