like the Mongols.
Gold Under your Feet
Mongolia is very famous for being called “Minegolia” or the “The Last Frontier”. It is called
that because of the immense amount of valuable minerals beneath the ground in the Gobi Desert
which can make the Eiffel Tower 16 times! If the Mongols keep collecting the new resources
they have, Mongolia can be one of the most resourced countries in the world. The inhabitants
mainly work for the mining industries that collect coal, iron, copper and gold minerals. These
resources are then shipped to several places which have bid for the extraction rights such as the
United States, places around Europe and China as their main buyer. If this way of managing the
resources continues, the Gobi Desert may just be a mere place for others to exploit.
The mismanagement of resources is not idealistic due to the loose restrictions on extraction
rights. A better way to manage this problem is to give a fixed quota on the extraction rights to
foreign multinational corporations. That way Mongolia can keep most of its resources to gain
higher bargaining power over other competitors. It is believed that if they take full advantage
of their resources, they are more likely to speed up their economic growth and soon become the
leader of this industry.
Conclusion
In the result of the Gobi Desert being a gifted place with bountiful rich resources. Those
mentioned factors are the most important components to help the Gobi Desert’s future. Generally,
Gobi is perceived to be useless and idle but never just judge a place by its appearance because you
will not be able to see the whole picture of what it truly is like. Even though all these beneficial
factors are given, they still have to learn how to use them correctly to help them. If they can
do that, the Mongolians can then take full advantage so in the end it can give them power. This
power can help Mongolia’s economy, become a better place and assist the country’s development.
This is an opportunistic perspective for what Gobi could be. Once Gobi can utilize its full
potential, she can become a leading country in the world for resources.
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