Mongolia
OUTLOOK 2020 Mongolia
Elections likely to produce another paralysing parliament. Expect further problems from nationalist dislike of foreign miners. Look out for China slowdown impacts and climate change effects on cashmere farming.
IMF says Mongolia’s livestock industry faces climate change and overgrazing threats
Soaring global cashmere prices amid a lack of land-use regulations or pasture management standards blamed for hugely expanded livestock population. Desertification causing “yellow dust storms”.
IMF Blog: Frontier market borrowing binge
Rock bottom global interest rates have been a boon for so-called frontier-market countries, which have been able to borrow cheaply to finance their development needs. But there can be too much of a good thing
Moscow has the second highest road rage score in the world
Mister Auto released a survey of which cities in the world are the best and worst to drive in that found Moscow has the second highest road rage index in the world, after only Ulaanbaatar.
Eurasia’s burgeoning populations to overtake a vanishing population in Eastern Europe
Central and Eastern Europe faces a demographic catastrophe in the coming decades that will see Central Asia pull ahead of the eastern EU member states in population terms by the end of the century.