Mongolia Central Economic Corridor Assessment : A Value Chain Analysis of Wool-Cashmere, Meat and Leather Industries

Mongolia Central Economic Corridor Assessment : A Value Chain Analysis of Wool-Cashmere, Meat and Leather Industries

Mongolia has a comparative advantage in agribusiness, especially downstream industries using livestock products. Yet its share in worldwide exports of agribusiness commodities is insignificant. Enhancing the efficiency of the central economic corri...

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Bibliographic Details
Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
VALUE CHAIN
ECONOMIC CORRIDOR
LOGISTICS
TRADE FACILITATION
TRANSPORT
EXPORT COMPETITIVENESS
CASHMERE GOODS
MEAT EXPORTS
LEATHER INDUSTRY
Online Access:http://documents.worldbank.org/curated/en/951491558704462665/Mongolia-Central-Economic-Corridor-Assessment-A-Value-Chain-Analysis-of-Wool-Cashmere-Meat-and-Leather-Industries
http://hdl.handle.net/10986/31767
id okr-10986-31767
recordtype oai_dc
spelling okr-10986-317672021-05-25T09:24:06Z Mongolia Central Economic Corridor Assessment : A Value Chain Analysis of Wool-Cashmere, Meat and Leather Industries World Bank Group VALUE CHAIN ECONOMIC CORRIDOR LOGISTICS TRADE FACILITATION TRANSPORT EXPORT COMPETITIVENESS CASHMERE GOODS MEAT EXPORTS LEATHER INDUSTRY Mongolia has a comparative advantage in agribusiness, especially downstream industries using livestock products. Yet its share in worldwide exports of agribusiness commodities is insignificant. Enhancing the efficiency of the central economic corridor (CEC) is vital to Mongolia’s effort to improve trade competitiveness and diversify exports. The role of Mongolia’s economic corridors is best understood when seen as an integral part of the country’s supply chain. The report analyzes the performance gap of the CEC through an examination of three sectors: (a) cashmere and wool sector, (b) meat, and (c) leather. These sectors highlight the major challenges that Mongolian producers face in a world where agribusiness depends on a demanding retail sector characterized by tight delivery schedules and high-quality standards, which are more important than tariffs. The report diagnoses the challenges that these industries face, identifies opportunities for the growth of these sectors, leveraging the potential of the CEC, and shares policy recommendations on how to seize these opportunities. The analysis shows that Mongolia’s comparative advantage has been significantly diluted by weaknesses associated with its economic corridors. 2019-05-31T21:47:33Z 2019-05-31T21:47:33Z 2019-05 Report http://documents.worldbank.org/curated/en/951491558704462665/Mongolia-Central-Economic-Corridor-Assessment-A-Value-Chain-Analysis-of-Wool-Cashmere-Meat-and-Leather-Industries http://hdl.handle.net/10986/31767 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Commodities Study East Asia and Pacific Mongolia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic VALUE CHAIN
ECONOMIC CORRIDOR
LOGISTICS
TRADE FACILITATION
TRANSPORT
EXPORT COMPETITIVENESS
CASHMERE GOODS
MEAT EXPORTS
LEATHER INDUSTRY
spellingShingle VALUE CHAIN
ECONOMIC CORRIDOR
LOGISTICS
TRADE FACILITATION
TRANSPORT
EXPORT COMPETITIVENESS
CASHMERE GOODS
MEAT EXPORTS
LEATHER INDUSTRY
World Bank Group
Mongolia Central Economic Corridor Assessment : A Value Chain Analysis of Wool-Cashmere, Meat and Leather Industries
geographic_facet East Asia and Pacific
Mongolia
description Mongolia has a comparative advantage in agribusiness, especially downstream industries using livestock products. Yet its share in worldwide exports of agribusiness commodities is insignificant. Enhancing the efficiency of the central economic corridor (CEC) is vital to Mongolia’s effort to improve trade competitiveness and diversify exports. The role of Mongolia’s economic corridors is best understood when seen as an integral part of the country’s supply chain. The report analyzes the performance gap of the CEC through an examination of three sectors: (a) cashmere and wool sector, (b) meat, and (c) leather. These sectors highlight the major challenges that Mongolian producers face in a world where agribusiness depends on a demanding retail sector characterized by tight delivery schedules and high-quality standards, which are more important than tariffs. The report diagnoses the challenges that these industries face, identifies opportunities for the growth of these sectors, leveraging the potential of the CEC, and shares policy recommendations on how to seize these opportunities. The analysis shows that Mongolia’s comparative advantage has been significantly diluted by weaknesses associated with its economic corridors.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Mongolia Central Economic Corridor Assessment : A Value Chain Analysis of Wool-Cashmere, Meat and Leather Industries
title_short Mongolia Central Economic Corridor Assessment : A Value Chain Analysis of Wool-Cashmere, Meat and Leather Industries
title_full Mongolia Central Economic Corridor Assessment : A Value Chain Analysis of Wool-Cashmere, Meat and Leather Industries
title_fullStr Mongolia Central Economic Corridor Assessment : A Value Chain Analysis of Wool-Cashmere, Meat and Leather Industries
title_full_unstemmed Mongolia Central Economic Corridor Assessment : A Value Chain Analysis of Wool-Cashmere, Meat and Leather Industries
title_sort mongolia central economic corridor assessment : a value chain analysis of wool-cashmere, meat and leather industries
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/951491558704462665/Mongolia-Central-Economic-Corridor-Assessment-A-Value-Chain-Analysis-of-Wool-Cashmere-Meat-and-Leather-Industries
http://hdl.handle.net/10986/31767
_version_ 1764475041051836416

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