12.10.2011, competiteveness of mongolia, r. lkhagvasuren
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www.ecrc.mn
ЭДИЙН ЗАСГИЙН БОДЛОГО, ӨРСӨЛДӨХ
ЧАДВАРЫН СУДАЛГААНЫ ТӨВ
Economic Policy and Competitiveness Research Center
Competitiveness of Mongolia
www.ecrc.mn
• Established in 2010
• Formed by a consortium of Mongolia’s prominent and mark-t
leading companies in response to our nation’s increasingly
globalized economy and rapid growth.
• EPCRC provides specialized research services:
– Economic and financial modeling
– Survey/Focus group studies and results analysis
– Industry cluster studies
– Policy/ Regulation/ Legal analysis
– Local project management and partnering
Economic Policy and Competitiveness Research Center
www.ecrc.mn 3
Founders & Member organizations:
Mr. Ts.BOLDBAATAR; Mr. P.TSAGAAN
Strategic partners
Partner Institute:
9/8/2011
Economic Policy and Competitiveness Research Center
www.ecrc.mn
IMD team meeting with the Prime Minister of Mongolia
From left side: Prime minister S.Batbold, Advisor to the PM on foreign affairs O.Och, Senior advisor to the President
P.Tsagaan, translator E.Enkhgerel, Director of IMD S.Garelli, IMD economist Anne-France Borgeaud Pierazzi
9/8/2011 4
IMD Team in Mongolia
www.ecrc.mn 5
We will advocate for necessary changes in economic, government,
business and infrastructure policy to ensure our national leaders
can make informed decisions on the ability of Mongolia to
compete in a 21st century world.
Our vision is to enhance Mongolia’s national economic
competitiveness to enable a strong, sustainable business
environment and socio-economic framework; one that improves
the quality of life of all citizens.
9/8/2011
Economic Policy and Competitiveness Research Center
www.ecrc.mn
Objectives of EPCRC
Consistent research (internationally accepted methodology,
IMD WCC)
Reports, presentations
Database
Strategy, research
Public awareness on the issue
.
6
Pioneers in Competitiveness since 1989!
9/8/2011
www.ecrc.mn
We manage an annual publication
of the “Mongolia in World
Competitiveness” report in
conjunction with Institute for
Management Development (IMD)
and its World Competitiveness
Yearbook (WCY) publication.
The launch of “Mongolia in World
Competitiveness Yearbook” took
place in March 2011.
79/8/2011DM 2011
Product
www.ecrc.mn
Competitiveness
8
"Competitiveness of Nations is a field of economic theory, which analyses the facts and policies that shape
the ability of a nation to create and maintain an environment that sustains more value creation for its
enterprises and more prosperity for its people."
9/8/2011
www.ecrc.mn9/8/2011 9
58 NATIONS
327 CRITERIA
54 PARTNER INSTITUTIONS
IMD World Competitiveness Yearbook
www.ecrc.mn9/8/2011 10
Mongolia in World Competitiveness
www.ecrc.mn 11
IMD Methodology
9/8/2011
www.ecrc.mn 129/8/2011
www.ecrc.mn9/8/2011 13
www.ecrc.mn 149/8/2011
www.ecrc.mn 159/8/2011
www.ecrc.mn 16
Mongolia Economic Forum 2011
EPCRC is a co-organizer of Mongolia Economic Forum
9/8/2011
www.ecrc.mn
• Air transportation
– Basic infrastructure, especially air
infrastructure is very poor
– Special research, “Mongolia: Impact from
International Air Service Liberalization”
Highlights on the Report - 2010
• Energy infrastructure
– Mongolian energy system is also state owned
– And always works not efficient.
– Energy sector liberalization study is needed to be done
• Education
– Lack of high skilled labor
www.ecrc.mn
• Better CSR
• Big mining companies should lead to make
Mongolian business community more transparent and
socially responsible
• Triple down effect of good standards and ethics (and
other luxury costs)
• Value chain or more domestic participation (private
equity funds, incubation centers etc)
Enhancing competitiveness – Foreign investors
www.ecrc.mn
• Clear and predictable legal environment
• Set standards and good compliance
• Coordinated monitoring (registration, taxation,
environmental and social standards)
• Invest in skill (especially in non mining sectors)
• Monetary and fiscal policy should be more related
• Cut the inefficient public cash handout
Enhancing competitiveness – Government
www.ecrc.mn
• Research and development in technical issues
• Towards green technology
• More value-added products
• Invest in good management
• Pay more attention to education sector
Enhancing competitiveness – Domestic industry
www.ecrc.mn
Researches done in 2011
• Mongolia: Impact from international air service liberalization
• Situational and stakeholder analysis of Chinese and Russian
mining companies operating in Mongolia
• World Bank – Country survey 2011, Mongolia
• Banking sector in Mongolia – Quarterly review
• Monthly macro economic overview
• Mongolia in world competitiveness 2011
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