GTAP Resources: Resource Display
| GTAP Resource #3300 |
|---|
|
"Recent Trends in Mongolian Foreign Trade with the Countries of Northeast Asia " by Shagdar, Enkhbayar Abstract Foreign trade plays a crucial role in the Mongolian economy with the value of foreign trade turnover almost equaling to the country’s GDP. Mongolia embarked upon an irreversible path towards a market economy in 1990 and introduced trade reforms and liberalization policies since the early years of economic transition. Mongolia joined WTO in 1997. The Northeast Asian (NEA) countries have large presence in Mongolia’s foreign trade activities accounting for more than two-third total trade. Because Mongolia is a landlocked country and has limited domestic and international transportation networks, Mongolia’s only two neighbors – China and Russia – have the largest presence in its foreign trade activities. Although Japan and the ROK have emerged as new trading partners of Mongolia’s exports, the volume remains limited. The overall structure of Mongolia’s foreign trade with NEA did not change much over the period 1995-2005. Exports were dominated by mineral products and products of livestock origin, whereas imports comprised a wide range of consumer products and industrial goods. Also, low proportion of intra-industry trade with these countries indicates lack of integration of Mongolia’s industries with the regional industries. Therefore, Mongolia needs to improve its export performance by diversifying its markets and seeking opportunities for exports of higher value-added products. |
| Resource Details (Export Citation) | GTAP Keywords | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
- Baseline development - Asia (East) |
| Attachments |
|---|
|
If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.
Public Access  2010 Conference Paper (356.1 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
| Comments (0 posted) |
|---|
|
You must log in before entering comments.
No comments have been posted. |
Last Modified: 9/15/2023 2:05:45 PM
