Category Archives: Taxes

Higher Education Policy: Governance and Endowments

By Julian Dierkes On Nov 14 2022 I was invited to speak to the parliamentary working group for draft education laws. I was really pleased to accept this opportunity, in part because it is a chance for me to merge … Continue reading

Posted in Education, Higher Education, Public Policy, Taxes | Tagged | Leave a comment

A Panel Analysis of Current Options for a Renewed Oyu Tolgoi Agreement

By Julian Dierkes Since the Dec 13 announcement of a RioTinto offer to write off government debt, relatively little discussion has followed in the Mongolian public. As I mentioned in a previous post, the MPP response has been almost enthusiastic. … Continue reading

Posted in Erdenes Mongol, Mining, Mining, Mining Governance, Oyu Tolgoi, Oyu Tolgoi, Public Opinion, Public Policy, Research on Mongolia, Taxes | Tagged | Leave a comment

Rio Tinto/Turquoise Hill Offer on Debt Forgiveness for Oyu Tolgoi Stake

By Julian Dierkes On the morning of December 13, PM Oyun-Erdene “unveiled” an offer he received from Rio Tinto/Turquoise Hill that appears to be intended to form the basis for a new agreement to jumpstart underground development at Oyu Tolgoi. … Continue reading

Posted in Economics, Erdenes Mongol, Foreign Investment, JD Mining Governance, Mining Governance, Oyu Tolgoi, Oyu Tolgoi, Policy, Public Policy, Sovereign Wealth Fund, Taxes | Tagged | Leave a comment

2021 Oyu Tolgoi Negotiations

By Julian Dierkes How can I resist the following challenge? So what do you think is the key to resolving the OT situation? MPP controls government, so clearly decisions can be taken. What about Rio’s behaviour? Is GOM being unfair? … Continue reading

Posted in Erdenes Mongol, International Agreements, JD Mining Governance, Mining, Mining Governance, Oyu Tolgoi, Oyu Tolgoi, Sovereign Wealth Fund, Taxes | Tagged | Leave a comment

Guest Post: Comparing Party Election Platforms: Economic Policy

By Ariuntuya Nominkhuu and Batbold Otgonbayar Parties’ platforms contain numerous promises to restore the economy and create new jobs by expanding the heavy industry sector. This year’s elections are taking place against the backdrop of the unforeseen economic crisis caused … Continue reading

Posted in Ariuntuya Nominkhuu, Banking, Batbold Otgonbayar, Business, Democratic Party, Diversification, Employment, Ikh Khural 2020, Mongolian People's Party, National Labor Party, Party Politics, Policy, Public Policy, Taxes | Leave a comment

Guest Post: A BIT of Project Finance Arbitrage in Mongolia

By Kinnari Bhatt As Jennifer Lander observed last week, RIO is getting out the big guns. My new book – Concessionaires, Financiers and Communities: Implementing Indigenous Peoples’ Rights to Land in Transnational Development Projects, shows how investors like RIO use … Continue reading

Posted in Canada, Foreign Investment, International Agreements, Kinnari Bhatt, Law, Mining, Mining Governance, Mongolia and ..., Oyu Tolgoi, Oyu Tolgoi, Research on Mongolia, Taxes | Leave a comment

Guest Post: Between a Rock and a Hard Place: Investor-State Arbitration and Mongolia’s Rapidly Shrinking Policy Space

By Jennifer Lander On the 20th of February, Rio Tinto initiated arbitration proceedings against the Government of Mongolia at the United Nations Commission on International Trade Law (UNCITRAL) through Oyu Tolgoi LLC. The escalation of the dispute over the alleged … Continue reading

Posted in Economics, Foreign Investment, International Agreements, Jennifer Lander, Law, Mining, Mining, Mining Governance, Oyu Tolgoi, Oyu Tolgoi, Policy, Taxes, Trade | Leave a comment

From Transparency to a Participatory Revolution

By Julian Dierkes and Damdinnyam G [Mongolian Version: “МОНГОЛЧУУД: Ил тод байдлаас зѳв оролцооны хувьсгал руу…“] Even by the standards of Mongolian politics, the last two months have been eventful. Scandals, no confidence votes, demonstrations… one might think it’s an … Continue reading

Posted in Corruption, Damdinnyam Gongor, Law, Politics, Public Opinion, Social Change, Social Movements, Taxes | Tagged | Leave a 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, JD Mining Governance, 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, JD Mining Governance, Mining, Mining Governance, Oyu Tolgoi, Policy, Public Policy, Taxes | Tagged | Leave a comment

How Are We To Think About Rio’s Balancing of Political Risk and Taxation in Light of SOMO Report?

By Julian Dierkes Rio Tinto’s response to the SOMO report claims that the convoluted corporate structure that has been created for Oyu Tolgoi is not aimed at saving taxes, but rather at reducing investment risk. For as long as Rio … Continue reading

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

Guest Post: Negative Income Tax I – Redistribution in Expanding Economies

By Ulrich Andree Note: This is the first of three articles. For the extended original article see LinkedIn. The forthcoming posts will focus on (dis)advantages of a negative income tax, and on the implementation of a negative income tax in … Continue reading

Posted in Demography, Development, Economics, Policy, Public Policy, Public Service, Social Change, Social Issues, Taxes, Ullrich Andree | Leave a comment

Guest Post: Negative Income Tax II – Advantages and Disadvantages

By Ulrich Andree Note: This is the second of three articles. For the extended original article see LinkedIn. The previous post focused on redistribution and the concept of an NIT. The final article will focus on the implementation of an NIT … Continue reading

Posted in Demography, Development, Economics, Health, Inequality, Policy, Public Policy, Public Service, Social Change, Social Issues, Taxes, Ullrich Andree | Leave a comment

Guest Post: Negative Income Tax III – Implementation

By Ulrich Andree Note: This is the third of three articles. For the extended original article see LinkedIn. The first post focused on the concept of a negative income tax, the second, on its (dis)advantages. The Implementation of NIT The implementation of NIT … Continue reading

Posted in Countryside, Demography, Development, Inequality, Public Policy, Public Service, Taxes, Ullrich Andree | Leave a comment