Mongolia 2014
Yearbook 2014 Mongolia. Mongolia population in 2020 is estimated at 3,278,301. A conflict was going on between the state and foreign mining companies regarding the licenses for mining, which slowed investment from outside. Among...
Tagged: Mongolia
Mongolia, a vast landlocked country in East Asia, is renowned for its nomadic heritage, vast steppes, and rich cultural history. Governed as a parliamentary republic, Mongolia’s political landscape is marked by a multi-party system, with major parties including the Mongolian People’s Party (MPP), the Democratic Party, and the Right Person Electorate Coalition. The nation gained independence from Chinese rule in 1921 and later transitioned from a socialist system to a market-oriented economy in the early 1990s. Mongolia’s economy relies on mining, particularly in the extraction of copper, coal, and gold, but faces challenges related to economic diversification and environmental concerns. Ulaanbaatar, the capital, is a bustling urban center amid a landscape of vast natural beauty, including the Gobi Desert and the Altai Mountains. Mongolia’s nomadic traditions, celebrated through festivals like Naadam, reflect in its distinct cultural practices, traditional music, and the preservation of the Mongolian language. The country actively participates in international organizations and has a strategic relationship with neighboring Russia and China, balancing geopolitical considerations with national interests. As Mongolia addresses economic development, environmental sustainability, and the preservation of its unique cultural identity, it stands at the crossroads of tradition and modernization, navigating the challenges of globalization while safeguarding its nomadic heritage. HOMEAGERLY: Features democracy and rights of Mongolia.