In order to reach sustainable development we need effective policy
Economic
Policy and competitiveness research center’s (EPCRC) chairman of board Mr.Tsagaan.P
opened to deliver a speech that “Our economic growth seems like Mongolian weather” which was held entitled “Mongolia’s competitiveness: In pursuit of sustainable
development” on 31 May, 2013.
Mongolia’s
economy decreased 1.3 per cent in 2009, sharply increased 17.3 percent in 2011.
But coal price depreciated. Last year GDP growth slowed down 15.3 percent due
to moderating Chinese demand for exports. Mr.Tsagaan said that “Economy is growing rapidly its only
one performance”. In order to reach sustainable development as we need
effective policy, he noticed.
Competitiveness is not new definition today. Mr.Diepak
Elmer, deputy director of cooperation first secretary, Swiss agency for
development and cooperation made a speech to explain competitiveness its
vital importance for public development. Furthermore, Switzerland as Mongolia are
landlocked country which is competitiveness is the best way for our
development. “If we have competitiveness, we can compete with others
globally. In order to improve competitiveness, we need to measure to start today.
Economic Policy and competitiveness research Center (EPCRC)
produced in conjunction with Institute for Management Development (IMD) special
report of “Mongolia
in World Competitiveness”
published for the third time. This report can help evaluate what we actually see that measuring more than 330 economic indicators the socio-economic development of the country,
competitiveness compared with 14 other economies on a
yearly basis.
Thus, the
conducting this annual research by Mongolia also know that the level of
development Mongolia has opportunity to learn and see what happens compared with
the last and previous year.
Mr.Tsagaan.P
noted that result of an overview of our competitiveness is rising, but slowly. Three
years ago, competitiveness total score was 28 now increased to 39. But last
year Mongolia in world competitiveness yearbook 15 countries competed, but
Mongolia remained in the 15th place in the ranking of this year
again. Therefore, in order to reach
sustainable development rapidly as we need to improving competitiveness.
In order to complete sustainable competitiveness we need
long-term strategic vision. P.Tsagaan emphasized that we have to refuse
definition of “A
bird
in hand is worth two in a bush”. Addition to improving the living environment of today,
tomorrow, and 10 years and 100 years to live on this earth people must consider
the interests of them, he said. Discussion participants noted that developing
long-term policies that could serve as a reliable source of information for
research reports.
During the meeting,
EPCRC researchers introduced to result of “Mongolia in world
competitiveness report 2012”,
“Mongolia: The first provincial competitiveness index”. (It’s available for download
to the presentations at PDF version to www.ecrc.mn)