Titlebook: Economic Dependence of Mongolia on Minerals; Consequences and Pol Yoshitaka Hosoi,Tuvshintugs Batdelger,Khashchuluun Book 2022 The Editor(s

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https://doi.org/10.1007/978-3-642-67106-7In many resource-rich countries, the mining sector plays a critical role in economic growth and social development. The mining sector can significantly benefit the national economy and local communities in various ways.

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978-981-19-5517-4The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapor

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Mining Sector Contracting in Mongolia,cessary financing, know-how and technology to develop mining resources. In Mongolia’s case, most inflows of FDI are directed into the mining sector, as investors find natural resources an attractive investment due to geographical proximity to major East Asian markets.

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Foreign Direct Investment in Mongolia: Impact and Determinants,orts, it has remained the largest source of external financial funds to developing countries, far surpassing official aid and remittances (with the exception of the least-developed countries). Most importantly, it remains a more stable source of financing, as opposed to highly volatile portfolio investment and bank loans.

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