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:
“Wulf, my Wulf! Waiting for you
has made me ill, your seldom coming,
this sorrowing mood—not lack of meat.
Do you hear, Eadwacer? Our poor whelp
a wolf bears off to the wood.”
—Unknown. Eadwacer (l. 13–17)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)