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Development project proposition for Mongolia. IB Economics HL 2010
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Mongolian Development Project
1.
2.
3.
Natural Factors Landlocked Minerals Weather Conditions- Dzud Human factors 0-14 28.1% 15-64 67.9% Life expectancy 67.65 Literacy rate 97.8%
4.
Economic Factors GDP Capita $3,400 1/3 population depend on Agriculture 2.8% unemployment 36.1% below poverty GINI index- 32.8 Political Factors Soviet Union
5.
Landlocked? Dependency? Human? Lack of Infrastructure?
6.
Dependency on resources DZUD
Decrease Investment Economic Recession
7.
High literacy rate Natural Resource potential Close relations with neighbors 9% growth rate
8.
Infrastructure Investment FDI Mines 2 million Subsidies Winter Barns $1000 per shed- 500 people Subsidies $500 $500,000
9.
2.5 million Loan Infrastructure Winter Barns Payback: 2020
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