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Mongolia Outlook 2012: World's Fastest Growing Economy
 
Date: 2012-03-12
 

In 2011, Monoglia was one of the fastest growing economies in the world.   Investor sentiment and attractive valuations have supported the stock market and ranked this frontier market as the second best equity market globally last year. Robust international commodity prices and firm demand in China, the key market for Mongolian commodities, have boosted exports to an all-time high. Accelerated development of the Oyu Tolgoi project and investor appetite for quality resource assets have attracted a record level of foreign direct investments. We believe that Mongolia is emerging as a key commodity supplier in Asia and will continue its stellar performance through 2012 and beyond.

 

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