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    Mongolia Seeks Balanced Growth to Avoid `Dutch Disease’ From Mining Boom

    Investing News Network
    Mar. 08, 2011 08:44AM PST
    Industrial Metals

    Bloomberg reported that Mongolia should seek a more balanced growth model for the country’s mining industry.

    Bloomberg reported that Mongolia should seek a more balanced growth model for the country’s mining industry.

    The market news is quoted as saying:

    Mongolia needs to avoid developing “Dutch disease,” where the financial benefits of a resource boom lead to a hollowing out of other sectors, according to the World Bank.

    To read the full market news, click here.

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