It has been a momentous year both economically and politically for Mongolia. But not in a good way. Just five years ago Mongolia was flying high. It was the world’s fastest growing economy with a wealth of resources to fuel further development, a solidly institutionalised democracy and a young population with a high standard of at least basic education. It seemed like the eternal blue sky was the limit. Read more…
Author: Kathleen Buckingham, World Resources Institute
China has the highest afforestation rate in the world, resulting in a 9 per cent increase in forest cover over the past 30 years. This is not for reasons of altruism. Read more…
On 14 April 2016 the foreign ministers of Mongolia and Russia signed what they termed a Medium-term Strategic Partnership Development Program in Ulaanbaatar. Plans to establish a strategic partnership between Mongolia and Russia date at least to September 2014, when the presidents of the two countries met in the Mongolian capital. Read more…
Author: Martin Foo, Australian Centre for Financial Studies
In February 1987, a pair of junior American diplomats arrived in pre-democratic Mongolia to lay the groundwork for establishing a US embassy — no simple task in Ulaanbaatar, the world’s coldest capital. When the embassy opened a year later, its American staff resided in a ramshackle apartment building that they nicknamed ‘Faulty Towers‘. Much has changed since then.
2015 marked the 25th anniversary of Mongolia’s democratic revolution. So after 25 years of democracy, where does Mongolia stand? And, what role does Asia’s only post-state socialist democracy play internationally? Read more…
Having held its first multi-party election in 1990, Mongolia is a democratic outpost in a tough authoritarian neighbourhood. Thus the country enjoys a wide spectrum of political and economic support from developed democracies. Political power has been transferred peacefully between two contending political parties, civil and political rights are respected and public discontent is freely expressed. Read more…
Seventy years ago, the global governance institutions of the United Nations, World Bank, and IMF were created. They have certainly contributed to peace and enabling global economic and financial growth. But the global environment has undergone an immense evolution since then. Read more…