Jargal Blog - Art
Why Forum?
Regular Mongolia Economic Forum is about to take place. What makes the forum unique compared to many other discussions and conferences regarding the development of the country?37 years ago, first-ever economic forum was held in Swiss village of Davos, during which a number influential state heads, business leaders, scholars from all around the world gathered and shared views on global economic problems and challenges.Such a mechanism of discussion which played extraordinary role in the solution of socio-economic problems entered in Mongolia after 36 years. A new non-governmental organization “Mongolia Economic Forum” was set up this year with the purpose of discuss development strategy and actions being taken to achieve it every spring of the year.The forum is designed to bring together leaders from the government, business, science and non-government to hold open discussion and debate on urgent issues of the ...
The Armey’s Curve
The 2011 Budget of Mongolia has been approved, setting three records in its modern or capital development history. First record is that it became the biggest budget in the history of Mongolia (MNT4.0 trillion). The second one is that the 2011 budget is the most cumbersome budget or more than the half GDP.Third record is that the deficit in this budget will be equivalent to 1/10 of the economy for the first time. Let us analyze each of them in more understandable way. The biggest budget never seen in the history of Mongolia on one hand shows the beginning of rapid economic development of the country. On the other hand, it will be a huge challenge for the governance to pass MNT4.0 billion through the Government. The corruption will get even bigger, leading to expansion of black economy.The queue of ...
Right to Sleep
This is one of many things that were lost for residents of Ulaanbaatar City. Conspired government officials have stolen from us not only our lands of kindergarten, playground and other properties of public ownership, pure air and sidewalks but also our right to sleep.We all no longer talk about how the city is noisy in day times and almost got used to it.Noises of construction and repair works in every street and every building, of car signals and of hammers smashing down the concrete walls has been increasing day by day, raising the question about how many people cannot sleep because of such noises. Construction of a building almost inches close to your building will continue all night long. Thousands of residents who went to beds after long working day, particularly elders and infants cannot sleep well till the morning. ...
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