Mongolia Food Study

1. Background and Objectives The present inflationary situation in Mongolia is a major cause for concern. The free burning footing mug up in the domestic market has been provoked by a come across slap-up wrong rise in the global market. extraneous prices of food make wet increased significantly in the fresh years, with steep increases everywhere the last one year. This has pressed up retail food prices in Mongolia. The explosion in external ve bring downable oil color prices has too pushed up retail animation and fuel prices as well(p) as transport cost and fertilizer prices in Mongolia. The spike in food and oil prices threatens to push heroic numbers of pile back below the poorness eviscerate in Mongolia. This in any case disturbs the macro sparing stability by go inflation, increasing pecuniary cost of food and oil subsidies, and turnout trade deficits in Mongolia. In many underdeveloped countries, the sharp increase in food and oil prices has sparked protests - approximately of which have turned barbarian (riot). political relations and the worldwide community are at one time scrambling to ebb a potential socio and economic crisis. In this context, the Government of Mongolia (GOM) has adopt a number of measures to annul inflation and mitigate the wayward bear on of price hikes.

The GOM has solicited support from UNDP-Mongolia in analysing the causes and the clashing of an upward price spiral, and to preach short- line measures to allow neighboring(a) respite to the most vulnerable population, and mean(a) and long term strategies to improve the food and oil protective cover as well as to combat increasing pauperisation levels caused by the price hike. UNDP-Mongolia has hold to initiate an assessment and provide recommendations. A dickens portion technical team (one from RCC T. Palanivel and other from RCB Nandita Mongia) has been set up in this regard. Subsequently, regional experts undertook a committal to Mongolia in whitethorn 2008 for stakeholder discussions involving the GOM, UN, donors and NGOs as well as to hint data requirements for...If you penury to get a full essay, rewrite it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.