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Resources to cash: a cautionary tale from Mongolia

Ying Yeung; Stephen Howes · Devpolicy Blog, Development Policy Centre · 2015

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Type: Web page
Author: Ying Yeung; Stephen Howes
Accessed: 2026-09-01

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EstablishedMongolia's resource-financed cash transfers, paid to children from 2006 and to all citizens from 2010 before reverting to children in 2012, were set by election promises rather than actual mineral revenue, at times exceeded that revenue and were partly financed by borrowing.