Main factors effecting the growth of tourists visiting Mongolia are examined. Tourists from 23 source countries are observed: Canada, Russia, France, Germany, Sweden, Japan, Indonesia, United States, Italy, Netherlands, Poland, Singapore, Taiwan, Turkey, Ukraine, Hong Kong, Switzerland,...

The Mongolian economy has experienced unprecedented growth rates driven by the booming mining sector. At the same time, it has become increasingly dependent on the mining sector to the extent that movements in the international price of mining commodities could have disturbing effects on the...

This article aims to review the monetary policy rule under inflation targeting framework focusing on Mongolia. The empirical analysis estimates the policy reaction function to see if the inflation targeting has been linked with a monetary policy rule emphasizing on inflation stabilization since...