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Major Assignment - Research Paper Example

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It is landlocked with Russia to the north and bordered by China on the other three sides. The population is estimated to be only 3 million in the country which has an area of over 1.5 million square kilometers,…
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Major Assignment
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Download file to see previous pages His horsemen using bows and arrows conquered vast stretches of land in Asia from the present day Beijing in China in the east to parts of present day Iran in the west. Genghis Khan is also credited with establishing an administrative structure based on laws and regulations which enabled his nomadic people to administer the vast empire. Genghis Khan is also reviled in history for the brutality he inflicted on his opponents in war (Jarus).
Since the mid-seventeenth century until the end of the cold war era in the early 1990s, Mongolia was cut off from the rest of the world. It was under the control of various Chinese ruling dynasties until the early 1900s. From the time of the Bolshevik revolution in Russia in 1917, Mongolia became a communist country and a part of the Soviet bloc. From the early 1990s, after the collapse of the Soviet Union, Mongolia is transitioning into a multi-party democracy.
In recent times, Mongolia has caught the world’s attention due to the discovery of an estimated $ 1.3 trillion value of mineral wealth in the country. The minerals include coal, copper, oil, gold, silver, iron ore, tin and uranium. Foreign mining companies have started investing vast sums in the mining industry causing the GDP to rise at over 14% a year, the fastest in the world (Eurasianet).
Mongolia is aiming to use its mineral wealth to attract interest from the United States and other countries as the means of balancing the dominance of its large neighbors, China and Russia. This has been enunciated by the Mongolian parliament as “ the third neighbor policy”. The US and other countries see an opportunity in Mongolia to create a strategic zone of influence in the neighborhood of China and Russia (Wachman).
This research paper would help serve as an introduction to Mongolia which shapes to be a country that would frequently be in the news in the United States and around the world in the near ...Download file to see next pages Read More
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