Economy of Mongolia - The Wolf Economy

The Wolf Economy

The term was notably coined by Renaissance Capital in their report - Mongolia’s "Blue Sky Opportunity. They state that Mongolia is set to become the new Asian Tiger, or "Mongolian Wolf" as they prefer, and are "unstoppable". With the recent developments in the mining industry and foreign interest increasing at an astonishing rate, it is claimed their Wolf Economy looks ready to pounce. The term’s aggressive title mirrors the country’s attitude in the capital market environment, and with newfound mineral prospects it has the chance to retain its title as the fastest growing economy in the region.

Read more about this topic:  Economy Of Mongolia

Famous quotes containing the words wolf and/or economy:

    Wulf, my Wulf! Waiting for you
    has made me ill, your seldom coming,
    this sorrowing mood—not lack of meat.
    Do you hear, Eadwacer? Our poor whelp
    a wolf bears off to the wood.
    Unknown. Eadwacer (l. 13–17)

    Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
    Friedrich Nietzsche (1844–1900)