Economic Policy Reform and Competitiveness Project
Activity duration:September, 2003 - September 2008
USAID Contract No.:438-C-00-03-00021-00

Our purpose
Accelerate and broaden sustainable, private-sector-led economic growth through an improved enabling environment for private sector growth and more competitive industries and sectors.

Our goals
1. Accelerate and deepen the policy reform process in Mongolia
2. Promote increased competitiveness in the Mongolian economy.

Our vision
Support a competitive participation of Mongolia in the world economy.

Our strategy

• Continuation of the development, maintenance, and implementation of sound, market-oriented macroeconomic, trade and investment, sectoral, and microeconomic policies that promote sustainable and equitable economic growth
• An enabling business environment and regulatory framework that fosters competition and attracts foreign investment and best business practices
• The development of private sector businesses and clusters focused on supplying the demand of target export and domestic market niches capable of turning and maintaining comparative advantages into competitive edges
• Continued national dialogue on building a national consensus to “put Mongolia on the world map” supported by government transparency and good governance business practices

Our tasks

• Policy analysis, formulation and implementation support:
  This task category includes: (a) policy assessment and analysis; (b) formulation of policy options for improving the competitiveness of the Mongolian economy; (c) assistance in consensus building; and (d) technical and managerial implementation support.
• Consensus building, public education and national dialogue:
  EPRC supports an improved environment for government transparency and corporate governance by working with national decision-makers, the business community, local government and community leaders, academic institutions, and representatives of civil society using a consensus building strategy linked to policy reform and private sector led economic growth.
• Cluster development and support:
  EPRC works with individual firms and inter-related groups (clusters) in key industrial sectors to develop competitive, export-driven businesses. Priority sectors include cashmere, tourism, hides, skins, leather, meat, and textiles.
• Energy sector support:
  EPRC supports Mongolia’s efforts to develop and implement a transparent, market-oriented regulatory environment to promote a competitive and efficient delivery of energy services to consumers; commercial practices in energy generation and distribution; and an environment attractive to foreign and domestic private investment.
• Internship Program:
  To improve the quality of economic, trade, and business decision-making, EPRC runs a small internship program where participants acquire first-hand experience in best practices by working side by side with experts on specific projects focused on improving the competitiveness of the Mongolian economy.