Finished Studies

Mongolia’s economic prospects and challenges

Authors: Tuvshintugs Batdelger, National University of Mongolia

Source: East Asia Forum

Language: English


Date: 2014-03-01

Mongolia is a sparsely populated country with a total population of 2.9 million. Because of the economy’s rapid expansion over the last few years, the World Bank now classifies Mongolia as a mid-low income country for per capita income, and it is expected to enter mid-high income in the near future according to Mongolia’s Ministry of Economic Development.

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