Mongolia

The economics of herding in Mongolia

Antonio Graceffo in Ulaanbaatar June 29, 2022

More and more young people may be leaving the physically demanding herding life behind to seek their fortunes in the cities, but it remains big business.

bneGREEN: Is coal killing us all?

Richard Lockhart in Edinburgh May 27, 2022

Ending coal-fired power generation could prevent 14.5mn premature death from air pollution between now and 2050 and would create up to $16.3 trillion in economic benefits.

CEE companies weather the COVID-19 crisis

Robert Anderson in Prague May 23, 2022

Prompt and decisive government intervention, financial lifelines and firms’ involvement in global value chains have helped minimise insolvencies, says EIB/EBRD report.

EBRD expects 30% GDP contraction in Ukraine in 2022, lowers emerging Europe projections

Clare Nuttall in Marrakesh May 10, 2022

The EBRD has cut its 2022 emerging Europe growth forecasts again, reflecting a sharp downgrade for Ukraine and the regional fallout from the war and sanctions.

Mongolia’s inflation headache goes from bad to worse as thirst for scarce dollars mounts

Antonio Graceffo May 6, 2022

FX reserves fall by $1.2bn in few months—yet small, developing nation must pay for imports in USD.

Hapless Mongolia struggles with a shortage of dollars

Antonio Graceffo in Ulaanbaatar May 3, 2022

Caught between ‘zero-Covid’ China on one side and war-sanctioned Russia on the other, the Mongolians face mounting difficulties.

COMMENT: Russia poised to exploit Mongolia on Soyuz–Vostok pipeline

Munkhnaran Bayarlkhagva in Ulaanbaatar April 24, 2022

Moscow is working to secure Mongolia as a junior partner for a new strategically important natural gas pipeline to China.

Mongolian youth mount protest against ‘unliveable economy’

Anand Tumurtogoo in Ulaanbaatar April 11, 2022

Country sinking into dire straits with combination of Ukraine war impacts and China’s “zero-Covid” policy driving up energy and food costs.

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