МОНГОЛ УЛС БҮС НУТГИЙН ЭДИЙН ЗАСГИЙН ХАМТЫН АЖИЛЛАГААНД ОРОЛЦОХ БОЛОМЖ, СОРИЛТ

Abstract

Mongolia faces great economic challenges. It is reliant on the PRC and Russia because of its close economic ties and geographical “sandwich” location between its two giant neighbors. Additionally, Mongolia has experienced volatile growth due to falling global commodity prices and controversies with foreign investors. The Mongolian economy has therefore not developed as well as expected-a trend that can be redirected to a positive direction via sound regional integration. Mongolia has great integration potential. Its landlocked “sandwich location” should not be seen as a disadvantage, but as an opportunity. But the country has lagged in this effort, which is surprising given its geographical location where bold integration initiatives have been launched. On that note my essay is about the background regional economic integration challenges and opportunities for the Mongolian economy. And considers which regional integration is the best possible for Mongolia to participate in.