Despite Commodities Boom Years, Mongolia Still Faces Capacity Gap

Excavation at the Erdenes Tavan Tolgoi coal mining facility, southern Mongolia, July 6, 2012 (AP photo by Andy Wong).
Excavation at the Erdenes Tavan Tolgoi coal mining facility, southern Mongolia, July 6, 2012 (AP photo by Andy Wong).
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Editor’s note: This article is part of an ongoing WPR series on the impact of falling oil and commodities prices on resource-exporting countries. As a commodities-exporting country deeply linked to the Chinese market, Mongolia faces heightened risks from the current commodities slump and China’s economic slowdown. In an email interview, Jonathan Berkshire Miller, director of the Council on International Policy, discusses the impact of the commodities slump on Mongolia. WPR: How important are commodities for Mongolia’s economy, and what effect have falling commodities prices had on public spending and, by consequence, political stability? Jonathan Berkshire Miller: Commodities, and their prices, […]

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