Asked by ugh school

Why has Mongolia's economic growth been weaker than the economic growth of Taiwan and China?

I think because it is surrounded by land so it's harder to trade, and because of it only recently changed to a democratic gonverment.
Answered by Ms. Sue
The U.S. and Canada are nearly surrounded by water -- and yet we both have healthy trades.

Look at Mongolia's economy and government in the last 50 years.
Answered by ugh school
So. . . yes. .?
Answered by yenn
Mongolian exports per capita are much lower and their percent of individuals living below the poverty line is almost 30%. If you are asking for a more historic answer, I am not an expert but it is most likely caused by the various industries in both nations (one being herding and the other being the export of electronics as well as a major site for foreign investment)
www.nationmaster.com/country-info/compare/Mongolia/Taiwan/Economy
Answered by ugh school
well yeah and mongolia does have more of a market for minerals and livestock so that might be another reason?
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