Category Archives: Economics

Party Implications of SME Fund Scandal

By Julian Dierkes Since late summer, I have been speculating about different scenarios to bring about a change in political culture and in the party landscape. These speculations focused on trigger evens that might lead to protests which would lead … Continue reading

Posted in Civil Will Green Party, Constitution, Corruption, Democracy, Governance, Ikh Khural 2020, Law, National Labor Party, Party Politics, Policy, Politics, Populism, Protest, Social Movements | Tagged | Leave a comment

Guest Post: An “Alternate Economy” Run by Chieftains

By B Naidalaa This article was originally published on Ikon.mn on Nov 7 2018 as “Монгол дахь УЛСТӨРИЙН корпорацийн АЖИЛЧДАД ХЭЛЭХ ҮГ” The term “informal economy” or “shadow economy” applies to a segment of the economy  that is not registered, … Continue reading

Posted in Badrakh Naidalaa, Business, Corruption, Diversification, Policy, Politics, Public Policy | Leave a comment

Not a Political SMEar Campaign

By Mendee J and Julian Dierkes A massive corruption scandal is brewing in Mongolia. Alhtough the scandal was skillfully picked up by President Battulga and Democratic Party MPs for partisan politicking, now it literally opened a pandora’s box of corruption. … Continue reading

Posted in Business, Corruption, Diversification, Media and Press, Mongolian People's Party, Policy, Politics, Protest, Social Media, Social Movements | Tagged | Leave a comment

Protests… and then?

By Julian Dierkes I have recently written about widespread political frustration in 2018 and speculated on the kind of events/issues that might trigger mass protests. Now, let me consider what would happen in the event of such protests. I am only … Continue reading

Posted in Civil Society, Corruption, Democracy, Human Rights, Inequality, Judiciary, Nationalism, Policy, Politics, Protest, Public Opinion, Security Apparatus, Social Movements, Ulaanbaatar, Younger Mongolians | Tagged | Leave a comment

Technology Assessment Needed: Solar Power

By Julian Dierkes To: PM Khurelsukh CC: Minister of Energy Davaasuren; Min of Science Tsogzolmaa; Min of Environment Tserenbat, Officer of Intl Cooperation, Min of Environment, G Tsogtbaatar; Min of Light Industry Batzorig; Dir, External Affairs, Green Climate Fund Oyun Climate … Continue reading

Posted in China, Climate Change, Countryside, Development, Diversification, Environmental Movements, Geography, Gobi, Infrastructure, Russia, Sovereign Wealth Fund | Tagged | Leave a comment

Employment

By Julian Dierkes I have been encountering “unemployment” as a political challenge in Mongolia for many years. Most recently, in a set of six workshops on policy-making and political parties organized by the Friedrich-Ebert-Foundation Mongolia for the Mongolian People’s Party youth organization (НАМЗХ) and the Trade Union … Continue reading

Posted in Business, Countryside, Diversification, Economics, Employment, Policy, Public Policy | Tagged | Leave a comment

Rio Tinto in Mongolia

By Julian Dierkes Recently, Bulgan B and I pointed out that there have been as many CEOs at Oyu Tolgoi over the past ten years as there have been PMs of Mongolia. I also appeared on a live BBC radio … Continue reading

Posted in Foreign Investment, International Agreements, Mining, Mining, Mining Governance, Nationalism, Oyu Tolgoi, Policy | Leave a comment

Implications of Power Politics for OT and Elsewhere “Offshore”

By Marissa Smith About a week ago, Mendee and I agreed to write a pair of blog posts on the question of how OT and the current wave of corruption investigations and arrests, most recently involving former Prime Ministers Ch. … Continue reading

Posted in Corruption, Development, Foreign Investment, Infrastructure, International Agreements, International Relations, Mining, Mining, Mining Governance, North Korea, Oyu Tolgoi | Tagged | Leave a comment

It is not about OT, it is the Power Politics

By Mendee Jargalsaikhan The Mongolian anti-corruption agency, known as the Independent Authority Against Corruption (IAAC), arrested former Prime Ministers Bayar and Saikhanbileg, Finance Minister/MP Bayartsogt, and several other former executives.  The Mongolian politics is presenting similar patterns of other East Asian … Continue reading

Posted in Corruption, Economics, Erdenet, Judiciary, Oyu Tolgoi | Tagged | 1 Comment

Guest Post: A quick reaction to the on-going Facebook conversations on Oyu Tolgoi agreement and the role of Mr Bayartsogt in signing it

By Undariya Tumursukh The news that the Swiss are investigating the possible corruption case involving the former Finance Minister S. Bayartsogt (DP) and Rio Tinto has triggered some agitated discussion, including on Facebook, about Mr. Bayartsogt’s central role in concluding … Continue reading

Posted in Corruption, Foreign Investment, International Agreements, Mining, Oyu Tolgoi, Undariya Tumursukh | 1 Comment

SOMO Report “Mining Taxes”

By Julian Dierkes The Dutch Centre for Research on Multinational Corporations (SOMO) published a report focused on a whole list of issues related to financial and governance structures for the Oyu Tolgoi project. The report was written by SOMO’s Vincent Kiezebrink and … Continue reading

Posted in Canada, Corruption, EU, Foreign Investment, International Agreements, International Relations, Mining, Mining, Mining Governance, Oyu Tolgoi, Policy, Public Policy, Taxes | Tagged | Leave a comment

SOMO Report Preamble: Assumptions

By Julian Dierkes It struck me while reading the SOMO report on Oyu Tolgoi governance and tax structures that there are a number of big assumptions and elements in the Mongolian context that are not discussed explicitly, but that are … Continue reading

Posted in Foreign Investment, International Agreements, Mining, Mining Governance, Oyu Tolgoi, Policy, Public Policy, Taxes | Tagged | Leave a comment

Unequal Match: Mongolia versus Rio Tinto

By Mendee Jargalsaikhan If one describes the bargaining game between Mongolia, a small and isolated resource-rich state, and Rio Tinto, a giant multinational corporation, through the Mongolian national pastime sport – wrestling, it is truly an unequal match between the … Continue reading

Posted in Economics, Foreign Investment, International Agreements, Mendee Jargalsaikhan, Mining, Mongolia and ..., Oyu Tolgoi | Tagged | Leave a comment

Mongolia at Davos 2018: Party like it’s 2009?

By Marissa Smith In recent years, Mongolia has regularly sent a delegation to the World Economic Forum at Davos. This year was somewhat less eventful than some years, when President Elbegdorj himself attended and presided over a “Mongolia Night” and … Continue reading

Posted in China, Development, Economics, Environment, Environment, Erdenet, Foreign Policy, Infrastructure, International Cooperation Fund, International Relations, Mining, Mining, Mining Governance, Mongolia and ..., Oyu Tolgoi, Policy, Politics, South Korea | Tagged | Leave a comment

Guest Post: Agreement between Canada and Mongolia for the Promotion and Protection of Investments – a Glance at Its Nature, Significance and Features

By Bajar Scharaw On 8 September 2016, Canada and Mongolia signed an international Agreement for the Promotion and Protection of Investments (the Canada-Mongolia Investment Agreement). The Agreement entered into force on 24 February 2017 and created legally-binding obligations for both … Continue reading

Posted in Bajar Scharaw, Canada, Foreign Investment, Foreign Policy, International Agreements, Law, Trade | 2 Comments