The Wolf Economy
The term was notably coined by Renaissance Capital in their report - Mongolia’s "Blue Sky Opportunity. They state that Mongolia is set to become the new Asian Tiger, or "Mongolian Wolf" as they prefer, and are "unstoppable". With the recent developments in the mining industry and foreign interest increasing at an astonishing rate, it is claimed their Wolf Economy looks ready to pounce. The term’s aggressive title mirrors the country’s attitude in the capital market environment, and with newfound mineral prospects it has the chance to retain its title as the fastest growing economy in the region.
Read more about this topic: Economy Of Mongolia
Famous quotes containing the words wolf and/or economy:
“Our ancestors were savages. The story of Romulus and Remus being suckled by a wolf is not a meaningless fable. The founders of every state which has risen to eminence have drawn their nourishment and vigor from a similar wild source. It was because the children of the Empire were not suckled by the wolf that they were conquered and displaced by the children of the northern forests who were.”
—Henry David Thoreau (1817–1862)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)