This report explores Mongolia's economic potential and strategic decisions needed for sustainable growth, considering its vast mineral wealth and geopolitical context.
Excerpt from report:
“The natural gifts buried underfoot give Mongolia considerable scope to author its future, but deciding how best to exploit
those gifts requires grappling with uncertainties about the future direction of the region and the world. Scenarios are a proven approach for exploring uncertainties to better inform current decision-making.”
Quick Facts | |
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Report location: | source |
Language: | English |
Publisher: | World Economic Forum |
Authors: | Alexander Plekhanov, Batbayar Baabar, Coralie Gevers, Fadi Farra, Ganhuyag Chuluun Hutagt, Graeme Hancock, Jargalsaikhan Dambadarjaa, Klaus Schwab, Lakshmi Boojoo, Luvsanvandan Bold, Mashbat Otgonbayar, Sheng Fulai, Stephen P. Groff, Tsakhiagiin Elbegdorj |
Time horizon: | 2036 - 2040 |
Geographic focus: | Mongolia, North-East_Asia |
Page count: | 40 |
The research method involved engaging over 250 stakeholders and experts in a dialogue to explore key strategic decisions and develop plausible future scenarios for Mongolia's economy by 2040.
The report examines Mongolia's transition from a centrally-planned economy to a market democracy, its mineral wealth, and the strategic decisions required for long-term growth amidst regional uncertainties.
Categories: 2030s time horizon | 2036 time horizon | 2040 time horizon | 2040s time horizon | English publication language | Mongolia geographic scope | North-East Asia geographic scope | commodity demand | cultural heritage | economic diversification | environmental sustainability | geopolitical tensions | investment climate | mining | regional integration | social stability | trade relationships