dc.contributor.author	World Bank
dc.date.accessioned	2024-01-22T20:32:52Z
dc.date.available	2024-01-22T20:32:52Z
dc.date.issued	2024-01-22
dc.description.abstract	This note, prepared at the request of the Ministry of Economy and Development, aims to analyze selected opportunities for Mongolia to diversify its economy and identifies specific policy options to realize them. Mongolia’s growing dependence on mining exports, primarily to China creates vulnerabilities and reduces resilience, as exposed during recent external shocks. Policy makers therefore continue to emphasize the importance of diversifying the economy. Against this backdrop, this note identifies opportunities and offers recommendations to achieve this goal. The note builds on and complements existing work, including the 2020 country economic memorandum as well as previous policy notes on specific sectors, such as cashmere and meat production. Its focus is hence both in terms of sectoral coverage (digital services) and policies (trade policy and facilitation). The first chapter of the report analyzes Mongolia’s trade performance including diversification and sophistication and identifies constraints by focusing on trade policy and facilitation. The second chapter explores Mongolia’s potential to diversify into digital services, which can bypass the constraints associated with the exports of goods such as high transport costs and inefficiencies at the border. The note aims to help the government shape its long-term export strategy, which will support a more resilient, green, and inclusive recovery in the context of its new recovery policy (NRP).	en
dc.identifier	http://documents.worldbank.org/curated/en/099122923235632685/P17967910273eb0291bc5713261695a6599
dc.identifier.doi	10.1596/40938
dc.identifier.uri	https://openknowledge.worldbank.org/handle/10986/40938
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	TRADE
dc.subject	GLOBAL VALUE CHAINS
dc.subject	DIVERSIFICATION
dc.subject	DIGITAL SERVICES
dc.title	Mongolia Trade Competitiveness Diagnostic	en
dc.title.subtitle	Special Focus - Trade Opportunities in Digital Services	en
dc.type	Report
dspace.entity.type	Publication
okr.crossref.title	Mongolia Trade Competitiveness Diagnostic: Special Focus - Trade Opportunities in Digital Services
okr.date.disclosure	2024-01-22
okr.date.lastmodified	2024-01-02T00:00:00Z	en
okr.doctype	Publications & Research::Working Paper
okr.docurl	http://documents.worldbank.org/curated/en/099122923235632685/P17967910273eb0291bc5713261695a6599
okr.guid	099122923235518598
okr.guid	099122923235632685
okr.identifier.docmid	P179679-0273eb64-b0bb-4329-bc57-3261695a6599
okr.identifier.doi	http://dx.doi.org/10.1596/40938
okr.identifier.externaldocumentum	34227776
okr.identifier.internaldocumentum	34227776
okr.identifier.report	186661
okr.import.id	2966
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/099122923235632685/pdf/P17967910273eb0291bc5713261695a6599.pdf	en
okr.region.administrative	East Asia and Pacific
okr.region.country	Mongolia
okr.sector	ICT Services,Trade
okr.theme	Global value chains,Trade Facilitation,Economic Policy,Trade Policy,Enterprise Development,Private Sector Development,Trade,Trade Logistics
okr.topic	International Economics and Trade::International Trade and Trade Rules
okr.topic	Private Sector Development::Global Value Chains and Business Clustering
okr.unit	EFI-EAP-MTI-MacroFiscal-1 (EEAM1)

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Mongolia Trade Competitiveness Diagnostic: Special Focus - Trade Opportunities in Digital Services