05176nam 2200505 450 991062929480332120230320184046.0981-19-5515-8(MiAaPQ)EBC7134090(Au-PeEL)EBL7134090(CKB)25299358100041(OCoLC)1350686388(EXLCZ)992529935810004120230320d2022 uy 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierEconomic dependence of Mongolia on minerals consequences and policies /Yoshitaka Hosoi, Tuvshintugs Batdelger and Khashchuluun Chuluundorj, editorsSingapore :Springer,[2022]©20221 online resource (202 pages)Contributions to economicsPrint version: Hosoi, Yoshitaka Economic Dependence of Mongolia on Minerals Singapore : Springer,c2022 9789811955143 Includes bibliographical references and index.Intro -- Acknowledgments -- Contents -- Editors and Contributors -- Introduction -- 1 General Background -- 2 Mining Sector Contracting in Mongolia -- 3 Foreign Direct Investment in Mongolia: Impact and Determinants -- 4 Mining Development Strategy in Mongolia -- 5 Budget Revenue Management -- 6 Social License to Operate -- Mining Sector Contracting in Mongolia -- 1 Introduction -- 2 Mongolia's Mining Contracts: Specific Features -- 2.1 Mongolia's Contracts with Foreign Enterprises for Investment: Before the Transition to a Market Economy and Early Transition Years 1990-2000 -- 2.2 Modification of the 1993 Law on FDI and Its Implications for Contracts in Mining -- 2.3 Contract Spillovers from Mining to Finance -- 3 Ensuring a Positive Outcome on the Host Country: Crucial Issues, International Practices, and the Oyu Tolgoi Agreement Example -- 3.1 Fiscal Regime: Tax Stabilization -- 3.2 Equity and Financing Arrangements -- 3.3 Local Purchases of Goods and Services -- 3.4 Infrastructure Development -- 3.5 Maximization of Employment Opportunities -- 3.6 Community Engagement -- 3.7 Social and Environmental Issues -- 4 Recommendations for a Sample Mining Developing Contract for Mongolia -- 4.1 General Issues -- 4.2 Mongolia's Case -- References -- Foreign Direct Investment in Mongolia: Impact and Determinants -- 1 Introduction -- 2 Dynamics of FDI in Mongolia -- 3 Economic Impact of FDI in the Mining Sector -- 4 The Determinants of FDI -- 4.1 Global Commodity Prices and FDI in the Mining Sector -- 4.2 Investment Climate in the Mining Sector -- 4.3 Other Institutional Dimensions -- 5 FDI and Economic Diversification -- 6 Conclusion -- References -- Mining Development Strategy -- 1 Introduction -- 2 Overview of Strategic Documents in the Minerals Sector -- 3 Assessments of Strategy Documents in Accordance with NRGI Benchmarking.3.1 Cognizant of the Reality -- 3.2 Considering the Long-Term Approach -- 3.3 Comprehensiveness and Inclusiveness-Consideration of the Full Range of Issues in the Management of Resource Wealth and Development, Implementation and Oversight Processes Must be Inclusive -- 4 Conclusion -- References -- Budget Revenue Management -- 1 Introduction -- 2 Literature Review -- 3 Fiscal Rules and Sovereign Wealth Funds -- 3.1 Fiscal Rules -- 3.2 International Sovereign Wealth Funds -- 3.3 Mongolia's Sovereign Wealth Funds -- 4 Dynamics of the Mongolian Economy -- 5 Current State of Budget Revenue Management in Mongolia -- 6 Imposition of the FSL -- 6.1 Scenarios and Simulations -- 6.2 Simulation Results -- 7 Sensitivity of Economic Indicators to the Changes in the FSL -- 7.1 Scenarios and Simulations -- 7.2 Simulation Results -- 8 An Assessment of the Potential Impact of SWFs on the Mongolian Economy -- 8.1 Scenarios and Simulations -- 8.2 Simulation Results -- 9 Conclusions -- References -- Impact of Mining on Local Livelihood and Social Licensing in Mongolia -- 1 Introduction -- 2 Mining Impact in Mongolia and Cases of SLO -- 3 Understanding the SLO and Its Evaluation -- 3.1 What is the SLO, and What Studies Recommend for the Mining Sector? -- 3.2 Evaluation of SLO and Application of Methodologies -- 4 Social Acceptance Survey: A Case of Erdenes Silver Resource -- 4.1 Salkhit Project Overview -- 4.2 Conducting Social Acceptance Survey -- 4.3 Survey Result -- 5 Conclusions and Recommendations -- References -- Appendix Other Survey Statistics.Contributions to economics.Mineral industriesMongoliaEconomic developmentMongoliaMongoliaEconomic conditionsMineral industriesEconomic development338.2309517Hosoi YoshitakaBatdelger TuvshintugsChuluundorj KhashchuluunMiAaPQMiAaPQMiAaPQBOOK9910629294803321Economic Dependence of Mongolia on Minerals2968237UNINA