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Author: World Bank Publisher: ISBN: Category : Languages : en Pages :
Book Description
Mining dominates the Mongolian economy, already accounting for some 80 percent of exports and contributing a quarter of gross domestic product (GDP). In July 2020, the newly elected government reaffirmed its commitment to bring into production more of Mongolia's mineral deposits and to process minerals locally instead of exporting them. Its objectives are to boost government revenues, retain more value in-country, and create conditions for more diversified economic growth in the future. Further commercial development of Mongolia's mineral resources, for which substantial financing will be required, faces several challenges. The challenges and opportunities identified confront the government as it seeks to advance mining sector "megaprojects.” Careful consideration of the role that the government plays as owner of mineral resources is central to more optimal development of the mining sector and the government's approach to mobilizing finance. As recommended in the World Bank's Policy Notes(July 2020), the government may need to develop a more effective strategy to allocate scarce public funds and mobilize fresh private capital to support development of the mining sector. The purpose of this analysis is to prompt an open debate based on policy evidence derived from robust analysis of options and trade-offs that can lead to an actionable reform agenda.
Author: Ochir Gerel Publisher: Springer Nature ISBN: 9811559430 Category : Science Languages : en Pages : 460
Book Description
This book provides a brief geology, tectonic structure and metallogeny of Mongolia, central part of the giant Central Asian Orogenic Belt, and broad overview of major metallic (copper, gold, rare metals and rare earths, iron, lead and zinc, silver and platinum group), non-metallic (phosphorite and fluorspar) and fuel (uranium and coal) mineral deposits and occurrences, covering their tectonic position, metallogeny and deposit types, geological characteristics and origin, including newly found deposits and occurrences based on authors research data and a large information obtained during geological exploration work. The book is intended for professional economic geologists, for earth science students and practicing geologists.
Author: World Bank Publisher: ISBN: Category : Languages : en Pages :
Book Description
Mining dominates the Mongolian economy, already accounting for some 80 percent of exports and contributing a quarter of gross domestic product (GDP). In July 2020, the newly elected government reaffirmed its commitment to bring into production more of Mongolia's mineral deposits and to process minerals locally instead of exporting them. Its objectives are to boost government revenues, retain more value in-country, and create conditions for more diversified economic growth in the future. Further commercial development of Mongolia's mineral resources, for which substantial financing will be required, faces several challenges. The challenges and opportunities identified confront the government as it seeks to advance mining sector "megaprojects.” Careful consideration of the role that the government plays as owner of mineral resources is central to more optimal development of the mining sector and the government's approach to mobilizing finance. As recommended in the World Bank's Policy Notes(July 2020), the government may need to develop a more effective strategy to allocate scarce public funds and mobilize fresh private capital to support development of the mining sector. The purpose of this analysis is to prompt an open debate based on policy evidence derived from robust analysis of options and trade-offs that can lead to an actionable reform agenda.
Author: Troy Sternberg Publisher: Routledge ISBN: 1000461092 Category : Business & Economics Languages : en Pages : 217
Book Description
This volume investigates how mining affects societies and communities in Mongolia and Kyrgyzstan. As ex-Soviet states, Mongolia and Kyrgyzstan share history, culture and transitions to democracy. Most importantly, both are mineral-rich countries on China’s frontier and epi-centres of resource extraction. This volume examines challenges communities in these countries encounter on the long journey through resource exploration, extraction and mine closure. The book is organised into three related sections that travel from mine licensing and instigation to early anticipation of benefit through the realisation of social and environmental impacts to finite issues such as jobs, monitoring, dispute resolution and reclamation. Most originally, each chapter will include a final section entitled "Notes from the field" that presents the voice of in-country researchers and stakeholders. These sections will provide local contextual knowledge on the chapter’s theme by practitioners from Mongolia and Central Asia. The volume thereby offers a distinctively grounded perspective on the tensions and benefits of mining in this dynamic region. Using Mongolia and Kyrgyzstan as case studies, the volume reflects on the evolving challenges communities and societies encounter with resource extraction worldwide. The book will be of great interest to students and scholars of mining and natural resource extraction, corporate social responsibility and sustainable development.
Author: Weltbank Publisher: ISBN: Category : Languages : en Pages :
Book Description
This study is based on field work undertaken in the Spring of 2003 and builds on previous projects undertaken by the World Bank in Mongolia, It assesses the medium-term growth potential of Mongolia's non-fuels minerals industry and its potential contribution to economic growth, poverty reduction, and regional development. The report main objectives are : assess medium-term growth potential of Mongolia's non-fuel mineral industry; diagnose the state of the Mongolian mining sector and identify problems, constraints and bottlenecks to new investments, growth and increased contribution of mining to the national and regional economy; provide international comparisons and examples of best practices as to how other countries have addressed the issues, problems and constraints, and formulate options and alternatives that may be considered by the government to improve efficiency, competitiveness, sector management, and the investment climate.
Author: Yoshitaka Hosoi Publisher: Springer Nature ISBN: 9811955158 Category : Business & Economics Languages : en Pages : 202
Book Description
This book is a compass for resource rich-developing countries, taking Mongolia as a case study. Policy aspects of the development of the mining sector in developing countries such as Mongolia and its impact on the economy and society are reviewed. The book deals with specific industry policies and challenges identified by policy makers, its characteristics and policy recommendations moving forward with an emphasis on the importance of evidence-based policy making (EBPM). It begins with the country’s development strategy and the role of the mining industry, highlighting the fact that major strategic and policy documents still suffer from ambiguity and clear guidance as well as gaps in policy directions. The book also highlights the need for policy makers to improve transparency initiatives. Authors emphasize transparency or lack thereof in mining contracts, taxation, trading, and marketing and provide specific policy recommendations and alternative policy actions. The macroeconomic and social impact of the mining sector and the role of foreign direct investment is also discussed. Particularly, utilizing in-house economic analytical tools, the role and impact of resource revenue management policy in Mongolia is evaluated. Further, the impact of mining projects on the livelihood of local households as well as the importance of obtaining a social license to operate is discussed. This monograph is recommended for readers who want an in-depth comprehensive understanding of the mining sector, EBPM, and key lessons learned in managing natural resources in Mongolia.
Author: Dulam Bumochir Publisher: UCL Press ISBN: 1787351831 Category : Social Science Languages : en Pages : 232
Book Description
Mongolia’s mining sector, along with its environmental and social costs, have been the subject of prolonged and heated debate. This debate has often cast the country as either a victim of the ‘resource curse’ or guilty of ‘resource nationalism’. In The State, Popular Mobilisation and Gold Mining in Mongolia, Dulam Bumochir aims to avoid the pitfalls of this debate by adopting an alternative theoretical approach. He focuses on the indigenous representations of nature, environment, economy, state and sovereignty that have triggered nationalist and statist responses to the mining boom. In doing so, he explores the ways in which these responses have shaped the apparently ‘neo-liberal’ policies of twenty-first century Mongolia, and the economy that has emerged from them, in the face of competing mining companies, protest movements, international donor organizations, economic downturn, and local and central government policies.
Author: Matthias Helble Publisher: Asian Development Bank ISBN: 9292622498 Category : Business & Economics Languages : en Pages : 293
Book Description
This publication examines Mongolia’s recent economic development and outlines reforms that would help the country take advantage of its many opportunities. Mongolia is rich in natural resources and, although landlocked, is well-placed to boost trade with its two giant neighbors. The country needs to diversify its economy beyond mining, enhance economic stability, and increase employment. To maximize Mongolia’s potential the government can improve macroeconomic management, enhance the skill base, and provide hard and soft infrastructure to promote trade and efficient logistics. Governance and institutional reforms are also crucial. The government will need to continue to drive reforms so that they are well implemented and deliver the intended change.
Author: World Bank
Author: Ochir Gerel
Author: World Bank
Author: Troy Sternberg
Author: Weltbank
Author: D. Galsandorj
Author: Yoshitaka Hosoi
Author: Tehmina Khan
Author: Dulam Bumochir
Author: United Nations. Economic and Social Commission for Asia and the Pacific
Author: Matthias Helble