Mongolia's mineral-rich economy was hit extremely hard by the global downturn during 2008-9, when copper prices plunged, external demand fell, and growth collapsed. The shock exposed serious underlying weaknesses in the management of the country's natural resource wealth, particularly the lack of policies to insulate the economy from commodity cycles and real exchange rate appreciation pressures, an inadequate safety net, and poor public investment...
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2012/09/01
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Informativo
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72946
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1
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1
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2012/09/27
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Disclosed
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South-South cooperation : how Mongolia learned from Chile on managing a mineral-rich economy
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Poverty Reduction & Economic Management
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