Investment Guides: Investment Guide for Mongolia 2000

Foreign direct investment (FDI) is an essential component in economic development, in particular for smaller transition economies like Mongolia. For this impact to be realised, the conditions to attract and retain FDI must be created. Despite its isolation and distance from export markets, FDI in Mo...

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Bibliographic Details
Main Author: Organisation for Economic Co-operation and Development.
Corporate Authors: Organisation for Economic Co-operation and Development (-), Organisation for Economic Co-operation and Development Content Provider (content provider), Centre for Co-operation with Non-members Content Provider, Organisation for Economic Co operation and Development Content Provider
Format: eBook
Language:Inglés
Published: Paris : OECD Publishing 2000.
Series:Investment Guides,
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705560806719
Description
Summary:Foreign direct investment (FDI) is an essential component in economic development, in particular for smaller transition economies like Mongolia. For this impact to be realised, the conditions to attract and retain FDI must be created. Despite its isolation and distance from export markets, FDI in Mongolia has been relatively dynamic, aided both by rich natural resources and by the pro-active policies pursued by the Mongolian government. All sectors of the Mongolian economy are open to foreign investors and foreign investment is protected from nationalisation or expropriation. Investment is promoted via a "one-stop shop" which provides a first point of contact and support for foreign investors. The operating environment in Mongolia is evolving to accommodate the requirements of modern businesses. Labour, raw materials and operating costs are competitive and the key legislative acts are in place. Work is progressing to modernise the tax administration. This Investment Guide, published by the OECD’s Centre for Co-operation with Non-Members, provides an overview of the conditions for foreign direct investment in Mongolia. Policy recommendations are made to enhance the attractiveness of the country as an investment venue, including strengthening the legal framework for foreign investment, restructuring the banking system and reinforcing the rule of law.
Item Description:Description based upon print version of record.
Physical Description:1 online resource (104 pages)
ISBN:9789264189607
9786610034857