{"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_feature_clip_id":0,"_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 v28.3 - 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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