Category Archives: Business

Benchmarking Corruption

By Julian Dierkes In January, Transparency International released the most recent instalment of its corruption perception index. I’ve already commented that Mongolia’s drop in the CPI rankings was not very meaningful. The more I’ve looked at the CPI over the years, … Continue reading

Posted in Business, Civil Society, Corruption, Mongolia and ... | Tagged | Leave a comment

Guest Post: Label of Erdenet ‘Nationalization’ Misleading

By Marissa Smith Many Fear Mongolian Government Decision Heralds Another Privatization, Securing of the Status Quo Possible Last week during an extra session after the final day of its fall session, Mongolia’s Parliament voted that the state acquire the share … Continue reading

Posted in Business, Corruption, Erdenet, Marissa Smith, Mining, Mining Governance, Policy | 21 Comments

What if Mongolia Went All-Organic?

By Julian Dierkes I recently re-tweeted an ADB tweet about one of their blog posts, “The Foreseeable Future of Mongolia’s Agriculture” So important to note that “#Mongolia’s agriculture […] is organic, less polluted” thus huge, high-value potential in East Asia.#yummy … Continue reading

Posted in Cashmere, Countryside, Development, Environment, Grassland, Infrastructure, Policy, Policy, Public Policy, Regulation, Tourism | Tagged | 4 Comments

Guest Post: ICF Workshop – Private Sector Perspective

Guest Post: The Less State in mining, the better the state of mining By Aligermaa B Does the state, responsible for national welfare, have any business getting actively involved in a business, even in one related to essential services or … Continue reading

Posted in Aligermaa Bayarsaikhan, Business, CIRDI, EITI, International Cooperation Fund, Mining, Mining Governance | 2 Comments

Guest Post: Mongolia 2016 – Will there be light at the end of the tunnel?

By Stefan Hanselmann If the development of the last quarter of 2015 can serve as an indicator, we can eventually expect for next year some real light at the end of the tunnel. Unfortunately, Mongolia had to learn the hard … Continue reading

Posted in Bilateral Aid, Business, Development, Economics, Foreign Investment, Ikh Khural 2016, Inflation, Mining, Oyu Tolgoi, Policy, Politics, Stefan Hanselmann | Leave a comment

Guest Post: Assessing Khan Resources Arbitration

Matthew Levine Following expropriation of Dornod uranium investment, Khan Resources announces conclusion of arbitration with Mongolian government Intro Khan, a mining company listed on the Toronto Stock Exchange’s venture board, its holding company, and its erstwhile joint-venture partner, recently announced … Continue reading

Posted in Business, Canada, Foreign Investment, International Agreements, International Relations | 1 Comment

Why are American investors struggling in Mongolia?

Unlike the 1990s, Mongolia is now in the radar of US investors. Then, Mongolians were desperate for US investors, but few responded because of the unattractive market environment, uncertain political and socio-economic development, and undeveloped regulatory framework for foreign investment. … Continue reading

Posted in Business, Foreign Investment, Mining | Tagged | 2 Comments

FM Baird to Visit Mongolia

According to Mongolian news sources ( 24 Tsag | infomongolia.com), Canadian Foreign Minister John Baird will be visiting Ulaanbaatar July 23-25. There’s no official Canadian announcement as of July 20, but let’s assume that this visit is really happening, after … Continue reading

Posted in Bilateral Aid, Business, Canada, Diaspora, Foreign Policy, International Agreements, International Relations, Mongolia and ... | Tagged | Leave a comment

If not an SWF then what?

At the recent World Economic Forum’s “Strategic Dialogue on the Future of Mongolia” I heard a lot of talk about the need for the Mongolian government to shed its direct involvement in the economy, but also the recommendation to rely … Continue reading

Posted in Business, Development, Economics, Foreign Investment | Tagged | 5 Comments

Solutions to the Current Economic Crisis?

Previously, I have written about economic and political aspects of the challenges currently facing Mongolia. Right now, the economic situation seems a bit like a “wicked problem” or a quagmire, and I see relatively little cause for short-term optimism, but … Continue reading

Posted in Business, Development, Economics, Foreign Investment, Governance, Inflation, Mining, Mining, Policy, Politics | Tagged | 2 Comments

Politics During the Current Economic Crisis

There is no political crisis in the sense of any conflict within parliament or between parliament and the president. Nor are there major scandals at the moment. However, there does appear to be a crisis in the sense of the … Continue reading

Posted in Business, Development, Economics, Foreign Investment, Governance, Inflation, Mining, Mining, Oyu Tolgoi, Party Politics, Policy, Politics | Tagged | Leave a comment

Anatomy of the Current Economic Crisis

Having spent last week in Ulaanbaatar, it is clear to me that the current crisis is a) more severe than I had thought, and b) more real/less perceived than I had thought. Below, I try to list elements in this … Continue reading

Posted in Business, China, Corruption, Development, Economics, Foreign Investment, Governance, Inflation, Mining, Oyu Tolgoi, Policy, Politics | Tagged | 3 Comments

Mongolian Cashmere on Kickstarter

I recently came across an announcement of the first Mongolia-linked Kickstarter project (at least as far as I’m aware). Kickstarter, of course, is the website that offers entrepreneurs and others an opportunity to crowd-source funding for projects and business ideas. … Continue reading

Posted in Business, Cashmere, Fashion, Nomadism | Tagged | Leave a comment

Foreign Investment to Mongolia: Restrictions, China, and Comparisons with Canada II

Is Mongolia’s Foreign Investment Law freezing FDI to that high-growth economy? Continue reading

Posted in Business, Canada, Corruption, Economics, Foreign Investment, Foreign Policy, Governance, International Relations, Mining, Mongolia and ..., Oyu Tolgoi, Policy | Tagged | 1 Comment

Mongolia Moves up in WorldBank Ease of Doing Business Ranking

WorldBank moves Mongolia up in its “Ease of Doing Business” ranking. Continue reading

Posted in Business, Policy | Tagged | 1 Comment