Russia and China will struggle for common policy on possible Russian soft underbelly Central Asia, Afghanistan, Mongolia, the vital Europe/Asia Caucasus crossroads, the Baltics, CEE and SEE.
Pandemic and Ukraine war impacts bring hardship that makes battle to subsist outside of the city a gruelling challenge.
If promises are fulfilled, big gains for public purse and industries such as electric vehicles and renewable energy will be seen.
Looking forward to the end of the war, whenever it happens, policymakers are already speculating on how many of the refugees and migrants are likely to stay and how many will return.
The EBRD lowered its forecasts for more than half its 36 countries of operation, anticipating average growth of just 2.1% this year.
The free flow of ideas, people, goods, services, and capital across national borders leads to greater economic integration. But globalization, the trend toward these things moving ever more freely between nations, has slowed in recent years.
Mongolia has rolled the dice before on establishing casinos, but without much luck. A renewed attempt to open the country’s first casino in more than two decades is now underway as Mongolia looks for new avenues of economic growth.
Ministers say legislation will end much social media harassment. Critics reject that explanation. Say country’s young, fragile democracy will be hurt.
While some can afford to move on, there are thousands struggling to find workable employment prospects to put a roof over their head.
The European Bank for Reconstruction and Development invested a record €13.1bn into its Emerging Europe and Eurasia region in 2022, the bank announced on January 12.
To overcome deep scepticism in Ulaanbaatar about politicians, Sumiyabazar Dolgorsuren will need Olympic strength and strategy.
Investigators probe money laundering, tax evasion, unjustified enrichment and bribery allegations.
There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.
The coal mafia affair meant the new year wishes proffered by the ruling politicians rang rather hollow.
Thirty years ago the Mongolian Stock Exchange was opened up to privatize the country’s Soviet-era assets. Last week the exchange conducted an initial public offering to sell off a third of its own shares to the public.
Chinese slowdown means fewer resource exports for Mongolia. It’s a grievous blow.