Current Situation and Prospects of Regional Development in Mongolia: On the Example of the Eastern Region

Authors

  • Sarangerel Dashnyam
  • Baljinnyam Gungaa

Keywords:

Eastern Region; Economic Region; Regional Development Policy.

Abstract

The concentration of population, production and services in Ulaanbaatar, the capital city of Mongolia, has led to increasing economic inequality in the capital city and regional and rural areas and widening urban-rural disparitiesalthough thecountry’s economy has been growing in recent years. 46 percent of the total population of the country (1,463,000) and 64.2 percent (50,467)of the active business entities and organizations [1] are concentrated in the capital city. Stimulating the local economy and ensuring sustainable growth in the medium and long termis necessary to reduce this concentration and development disparity. Therefore, it is crucial to analyze the needs and develop regional development policies and strategies.As the regional development policy is the primary policy to implement all Mongolia's sustainable development policies at the local level, regional and provincial development issues are significant.Mongolian regional development level is measured by regional economic growth, inflation, budget, investment, and key indicators of certain sectors of the economy such as population, density, births, deaths, migration, unemployment, poverty and human development index.

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References

National StatisticsOffice, “Comparative Study of Key Socio-economic Indicators in the Region”,p6, 2018.

Ministry of Finance and Economy. “Economic regionalization”, research report. p91.2001. [3]B.Battsengel, “Regional Development Policy”. “New Mirror” journal. No 3. p25. UB. 1997

B.Gungaadash,”Socio-economic geography of the People's Republic of Mongolia”.

Ulaanbaatar, 1986

T.Namjim, “Mongolian livestock and economy” II series. p639, UB. 2000 [6]C.Galbadrakh,”New mirror “journal. №50, 2005. http://www.academy.edu.mn/content/ [7]“Concept of Regional Development of Mongolia”. Annex to the Resolution No. 57 of the Mongolian Parliament of 2001 “

https://www.gazar.gov.mn/p/547-109- “Regional development”.

Journal of Contemporary Issues in Business and Government Vol. 27, No. 5,2021 https://cibg.org.au/

P-ISSN: 2204-1990; E-ISSN: 1323-6903

DOI: 10.47750/cibg.2021.27.05.053

www. 1212.mn- LEVEL OF EMPLOYMENT, gender, age group, region, province, capital city, quarter, year.

www.1212.mn- LEVEL OF LABOR UNDERGROUND USE, sex, age group, region, province, capital city, quarter, year.

National Statistics Office. “Integrated statistical information”. 2019. [12]https://ecrc.mn/-“Province Competitiveness Survey”. 2019. [13]https://www.gazar.gov.mn/p/547-109- “Region”.

L. Oyuntsetseg, L.Narantsetseg, “Research on the level of economic development of the Khangai region, some results”, Mongolian University of Science and Technology, 2004. “Innovation management and implementation mechanism” Theoretical and practical conference report.

National Development Agency. “Integrated Regional Development Planning of Mongolia”. 2018.

https://cabinet.gov.mn/wp-content/uploads/buschlel.pdf

“Action Plan of the Government of Mongolia for 2020-2024”. 6.2. 2020.

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Published

2021-10-30

How to Cite

Dashnyam, S. ., & Gungaa, B. . (2021). Current Situation and Prospects of Regional Development in Mongolia: On the Example of the Eastern Region. The Journal of Contemporary Issues in Business and Government, 27(5), 821–832. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2025

Issue

Vol. 27 No. 5 (2021): The journal of contemporary issues in business and government

Section

Articles

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