Wednesday, July 2, 2008

Resource Curse?



Following Sunday election in Mongolia there was major riot against majority holder, Mongolian People's Revolution Party (MPRP) for alleged election fraud. It was discussed that the winner of this term's election would hold a key authority to legislation of the new law on natural resource exploration. The majority party holds it necessary that the resource exploration should be public whereas minority leaders of Mongolian Democratic Party disagree with it by suggesting full privatization.

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