Jun 5, 2013

Spend or Send. Mongolia is a citizen ownership democracy!

Spend or Send - Finance & Development, December 2012: by Rabah Arezki, Arnaud Dupuy, and Alan Gelb

Mongolia distributes part of its mining revenues to its citizens and has recently pledged to endow each Mongolian with a portfolio of dividend-yielding preference mining shares.

Mongolia is a citizen-ownership democracy. Not a full citizen-ownership democracy, but a partial one. Alaska is also a partial citizen-ownership democracy.

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