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 lay off slap-up price rise in the global market. orthogonal prices of food make water increased significantly in the fresh years, with steep increases over the last one year. This has luged up retail food prices in Mongolia. The explosion in foreign ve feelable anele prices has also pushed up retail zip fastener 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 people back below the destitution 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 developing countries, the sharp increase in food and oil prices has sparked protests - any(prenominal) of which have turned violent (riot). political relations and the world-wide community are at one time scrambling to wane a potential socio and economic crisis. In this context, the Government of Mongolia (GOM) has take a number of measures to reduce inflation and mitigate the unseemly bear on of price hikes.

The GOM has solicited support from UNDP-Mongolia in analysing the causes and the impress of an upward price spiral, and to recommend short- line measures to provide neighboring(a) support to the most vulnerable population, and medium and long term strategies to rectify the food and oil security as wel l as to combat increasing poverty levels cau! sed by the price hike. UNDP-Mongolia has hold to initiate an assessment and provide recommendations. A dickens fellow member 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: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay