Exploring the Effects of Foreign Direct Investment Growth in Mongolia

Abstract

This article describes how foreign direct investment in Mongolia has changed in the last ten years also how it affects GDP. Even though FDI into Mongolia has been grown along with the country's economic development with trade openness to the world, a few studies have used regression analysis to analyze determinant factors of FDI. This paper studies the effect of foreign direct investment on economic growth in Mongolia also suggest the effects that develop Mongolian economy through foreign direct investment.