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Mines and Minds : Leveraging Natural Wealth to Invest in People and Institutions (English)

Mines represent Mongolia’s present, while minds - broadly defined to include people and institutions - are its future. Current policies are excessively focused on preserving the mining-driven prosperity at the risk of future stagnation. Such complacency is ill-timed when climate change concerns and the COVID-19 shock require an acceleration of structural transformation. Mongolia faces deep-rooted, interrelated challenges: macroeconomic policy mistakes...
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Nganou,Jean-Pascal; Eckardt,Sebastian; Zhao,Luan; Batsuuri,Davaadalai; Batmunkh,Undral; D'Hulster,Katia.

Mines and Minds : Leveraging Natural Wealth to Invest in People and Institutions (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/333861600790534489

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