Foreign Direct Investment in a Transition Economy Lessons from the Experience of Mongolia / Davaakhuu, Oyunba

By: Davaakhuu, Oyunbadam
Material type: ArticleArticlePublisher: 2014Subject(s): Wto | Openness | Foreign Direct Investment | Mongolia In: Global Business ReviewSummary: This article presents an analysis of the trends and patterns of foreign direct investment (FDI) in Mongolia, a former centrally planned economy which embarked on economic reforms in 1990. Since then, there has been a dramatic increase in FDI inflow into the country. The volume of FDI rose from less than one per cent of GDP in 1991 to 80 per cent by 2010. These foreign-owned enterprises have made a significant contribution to the country
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This article presents an analysis of the trends and patterns of foreign direct investment (FDI) in Mongolia, a former centrally planned economy which embarked on economic reforms in 1990. Since then, there has been a dramatic increase in FDI inflow into the country. The volume of FDI rose from less than one per cent of GDP in 1991 to 80 per cent by 2010. These foreign-owned enterprises have made a significant contribution to the country

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