{"id":7379,"date":"2013-03-31T00:10:23","date_gmt":"2013-03-31T04:10:23","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=7379"},"modified":"2013-03-31T00:10:23","modified_gmt":"2013-03-31T04:10:23","slug":"mongolia-needs-better-roads-schools-and-hospitals-so-why-all-this-talk-about-saving-for-the-future-making-development-work-for-all","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/31\/mongolia-needs-better-roads-schools-and-hospitals-so-why-all-this-talk-about-saving-for-the-future-making-development-work-for-all\/","title":{"rendered":"Mongolia needs better roads, schools and hospitals: so why all this talk about saving for the future? | Making development work for all"},"content":{"rendered":"<p>Australia could also learn from the Chilean experience of resources boom-bust cycles and adopt similar policies to those being considered by Mongolia. Gregory Smith explains:<\/p>\n<blockquote>\n<p>Eric Parrado, former head of the Chilean \u2018Economic and Social Stabilization Fund\u2019, tells us that \u201cif natural resource booms are well managed they can be a blessing\u201d and that \u201can important general lesson is that governments should avoid temptation to spend significant temporary surpluses\u201d.<\/p>\n<\/blockquote>\n<p>Read more at <a href='http:\/\/blogs.worldbank.org\/eastasiapacific\/mongolia-needs-better-roads-schools-and-hospitals-so-why-all-this-talk-about-saving-for-the-future'>Mongolia needs better roads, schools and hospitals: so why all this talk about saving for the future? | Making development work for all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia could also learn from the Chilean experience of resources boom-bust cycles and adopt similar policies to those being considered by Mongolia. Gregory Smith explains: Eric Parrado, former head of the Chilean \u2018Economic and Social Stabilization Fund\u2019, tells us that \u201cif natural resource booms are well managed they can be a blessing\u201d and that \u201can &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/31\/mongolia-needs-better-roads-schools-and-hospitals-so-why-all-this-talk-about-saving-for-the-future-making-development-work-for-all\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Mongolia needs better roads, schools and hospitals: so why all this talk about saving for the future? | Making development work for all&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,5],"tags":[290,661,1147,2358,2935],"class_list":["post-7379","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-economy","tag-australia","tag-chile","tag-dutch-disease","tag-mongolia","tag-resources-booms"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mongolia needs better roads, schools and hospitals: so why all this talk about saving for the future? | Making development work for all - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mongolia needs better roads, schools and hospitals: so why all this talk about saving for the future? | Making development work for all - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Australia could also learn from the Chilean experience of resources boom-bust cycles and adopt similar policies to those being considered by Mongolia. Gregory Smith explains: Eric Parrado, former head of the Chilean \u2018Economic and Social Stabilization Fund\u2019, tells us that \u201cif natural resource booms are well managed they can be a blessing\u201d and that \u201can &hellip; Continue reading &quot;Mongolia needs better roads, schools and hospitals: so why all this talk about saving for the future? | Making development work for all&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/31\/mongolia-needs-better-roads-schools-and-hospitals-so-why-all-this-talk-about-saving-for-the-future-making-development-work-for-all\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-31T04:10:23+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/31\\\/mongolia-needs-better-roads-schools-and-hospitals-so-why-all-this-talk-about-saving-for-the-future-making-development-work-for-all\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/31\\\/mongolia-needs-better-roads-schools-and-hospitals-so-why-all-this-talk-about-saving-for-the-future-making-development-work-for-all\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Mongolia needs better roads, schools and hospitals: so why all this talk about saving for the future? 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The Chilean operations are among the world's lowest-cost sources of lithium carbonate. Talison is one of the best spodumene resources\u2026","rel":"","context":"In &quot;International Growth&quot;","block_context":{"text":"International Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/international-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6982,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/15\/what-australia-needs-is-lower-land-prices\/","url_meta":{"origin":7379,"position":4},"title":"What Australia needs is lower land prices","author":"Colin Twiggs","date":"March 15, 2013","format":false,"excerpt":"Australia enjoyed a mining boom over the last ten years but now faces a fall-off in capital expenditure on new projects as commodity prices fall. The RBA, eyeing the coming slow-down with some trepidation, is hoping that housing construction recovers to fill the void. So far the housing market has\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13527,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/07\/05\/how-hanson-should-frame-the-immigration-debate-macrobusiness\/","url_meta":{"origin":7379,"position":5},"title":"How Hanson should frame the immigration debate | MacroBusiness","author":"ColinTwiggs","date":"July 5, 2016","format":false,"excerpt":"From Leith van Onselen: Senator-elect One Nation\u2019s Pauline Hanson dominated news headlines yesterday after she warned of \u201cterrorism on our streets\u201d and suburbs \u201cswamped by Asians\u201d, prompting righteous indignation from all manner of MSM commentators. The below extract from The Canberra Times captures some of the shenanigans: At a fiery\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/07\/screenhunter_13730-jun-27-07-42-660x440.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/07\/screenhunter_13730-jun-27-07-42-660x440.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/07\/screenhunter_13730-jun-27-07-42-660x440.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=7379"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/7379\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=7379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=7379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=7379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}