Mongolia gains international attention for its dynamic economic growth and the mineral riches found beneath its surface. But the statistics — 17 percent GDP growth; $6 billion of gold and copper annually from one mine alone — bear false witness to the realities of urban and rural citizens. Mining has overwhelmingly benefited the elite, civic education has lagged, and environmental challenges lay at every turn of the country's development path.
- Conflict & Governance: Strengthening anti-corruption efforts and improving administrative reform at the local level
- Agriculture & Food: Improving the regulation and productivity of dairy and meat businesses
- Economic opportunity: Increasing the income of herders and rural entrepreneurs by connecting them with new techniques and markets
Mongolia: A Man on a Gardening Mission
Damba Chuluun from Mandalgobi has been named a "social entrepreneur" by his community. The honour of this title was given to him because, over the last four years, Damba has combined his ambition and his gardening skills to improve the lives of his community.
Mongolia: Job Skills in Mongolia
In the Khentii province of Mongolia unemployment is rife, but thanks to funding from the Mongol Rally the problem is being addressed in the community of Batnorov.
Mongolia: Basketball In the Land of Chinggis Khann
Hoops have come to rural Mongolia.
Mongolia: The Rich Yellow Desert
Mongolia: A Growing Market for Farmers in Mongolia
Vegetable growers and dairy producers in Mongolia's Umnugobi province (or aimag) have begun supplying local produce to one of that country's largest mineral exploration operations.
Mongolia: Hard Work and Smiles for the Family of the Weeping Camel
Throughout the Gobi and much of Mongolia, the Bactrian Camel (the two-humped version) is ubiquitous. It has become an emblem for tourists and locals alike.
Mongolia: XacBank Awarded "5-Diamond Profile of the Month" Honor
Since 2001, XacBank has worked to nurture Mongolia’s emerging economy by providing loans to entrepreneurs. Today, the bank received well-deserved praise for its accomplishments: it was nominated as MIX Market’s “5-diamond profile of the month.”
Mongolia: Commentary: Fueling Mongolia's Hope
There has been a lot of talk about nation-building over the past year, first in relation to post-Taliban Afghanistan, and now on potential post-war obligations in Iraq. Another country should be added to the nation-building conversation: Mongolia.
Mongolia: World Bank President Praises Mongolia Bank
Mongolia: Livelihoods Destroyed as 800,000 Livestock Perish in Mongolia—Emergency Relief Efforts Underway
Extraordinarily harsh winter weather in Mongolia has killed more than 800,000 animals - the cattle, horses, goats and camels that many nomadic Mongolians rely on for survival.