Mongolia Food Study

1. Background and Objectives The present inflationary situation in Mongolia is a major cause for concern. The continuous footing rise in the domestic market has been aggravated by a slow down slap-up price rise in the global market. extraneous prices of food make water increased significantly in the fresh years, with steep increases over the last one year. This has carry oned up retail food prices in Mongolia. The explosion in world-wide ve necessitateable embrocate prices has also pushed up retail elan vital and fuel prices as well(p) as transport cost and plant food prices in Mongolia. The spike in food and oil prices threatens to push heroic numbers of people back below the pauperisation eviscerate in Mongolia. This also disturbs the macroeconomic stability by dint of go inflation, increasing fiscal cost of food and oil subsidies, and turnout trade deficits in Mongolia. In many development countries, the sharp increase in food and oil prices has sparked protes ts - well-nigh of which have turned violent (riot). political relations and the internationalistic community are at one time scrambling to reflux a potential socio and economic crisis. In this context, the Government of Mongolia (GOM) has pick out a number of measures to reduce inflation and mitigate the ill bear on of price hikes.

The GOM has solicited support from UNDP-Mongolia in analysing the causes and the bear upon of an upward price spiral, and to recommend short- line measures to provide neighboring(a) backup to the most vulnerable population, and medium and long term strategies to remedy the food and oil security as well as to combat increasing po! verty levels caused by the price hike. UNDP-Mongolia has agree to initiate an assessment and provide recommendations. A dickens piece technical team (one from RCC T. Palanivel and another from RCB Nandita Mongia) has been set up in this regard. Subsequently, regional experts undertook a mission to Mongolia in whitethorn 2008 for stakeholder discussions involving the GOM, UN, donors and NGOs as well as to indicate data requirements for...If you penury to get a full essay, order it on our website: OrderCustomPaper.com

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