A: Mongolia’s extraordinarily harsh winters (‘Dzud’) are a major cause. There are three types of Dzud: Black, White and Ice. A ‘Black Dzud’ occurs after an exceptionally hot, dry summer, leaving low-lying grasses weak. This makes it difficult for herd animals to find fodder, and many starve. A ‘White Dzud’ from unusually heavy snowfall which prevents animals from reaching fodder. An ‘Ice Dzud’ is when freezing rain covers the ground, making grazing impossible. In 2009/2010 a Dzud killed
A: Currently, just under 50%.
A: In 2015, 86.3% of Mongolia’s exports were sent to China, 5% to UK, and 1.9% to Russia.
A: Its largely unexploited mineral wealth. There are approximately 6,000 known deposits of over 80 different minerals in the country, including coal, copper, and gold. Only 27% of Mongolia has been surveyed to a scale of 1:50,000.
A: Coal: 163.2 billion tons, Copper: 37 million tons, and Gold: 1,431 tons. At current prices, the gold alone would be worth 70 billion dollars.
A: The rapid expansion of Mongolia’s economy and its relatively favorable attitude towards Foreign Direct Investment have led to the creation of a sizeable cosmopolitan expat community in Ulaanbaatar.