Mongolia's Economic Prospects

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.