Mongolia’s Future…

Exploring Ulaanbaatar (Photo: Emily O'Dell)

There’s a lot of talk these days about where Mongolia’s future is headed. Despite the tugrik currently falling to record lows as the price of copper tumbles, some analysts believe that Mongolia’s rollercoaster economy is actually poised to take off. Either way, the Mongolian government is planning to revive growth this year by selling stakes in its biggest coal mine and 10 state-owned enterprises. It remains to be seen in which direction these upcoming economic maneuvers–in addition to brewing political tensions–will end up driving the Mongolian economy…

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