Get to Know the Country

Mongolia, the land of the great Chinggis Khan, was once the biggest empire in the world. Now, it lies in the ruins of the Soviet Union. This central Asian landlocked country is an island of democracy bound by communist and socialist giants. Since its official transition into democracy and a market economy in 1992, the country has slowly but surely developing. Currently, the country will have to rely on its abundant supply of minerals to boost its economy in the next few years.

But more importantly, this blog is written for the common person. We will show breakthroughs in development and milestones as we watch this Third World in Development transition into a major economics player in the world market.