Mongolia

What a difference five years can make. In 2011, Mongolia had an economy that was growing at more than 17% annually. The bonanza that had been created by mining, was supposed to enrich a nation of former nomadic herders enough, to permit a boom in mega construction. The building of a modern system of infrastructure, would bring the country hurdling into the 21st century. Sukhbaatar Batbold the former leader of Mongolia made a prediction in 2012, that the exceptional rate of economic […]