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Submitted by hijofrizbe on October 21, 2005
Category: Social Issues
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Boliva or Mongolia
Did you know..."in Bolivia the voting age is split based on your marital status? You are allowed to vote at 18 if you are married, but if you aren't, you have to wait until you're 21?" (Encarta Encyclopedia) "Mongolia only has about 6.5 telephones for each thousand persons." (CIA World Factbook)
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For the facts and figures
As reported from the CIA World Factbook, the population of Mongolia consists of just over 2 billion people. Their society is made up of mostly Russians and Chinese people. Mongolia is landlocked country has easy access to the rivers that flow through it; they are used for transportation and irrigation. Its land is also rich in natural resources such as copper, gold, silver, uranium and coal.
Recently the economy has been quite stable and growing at a small percentage every year, since the opening of the free Market economy. In the past Mongolia had relied on the Soviet Union for support, upon its collapse "Mongolia lost nearly one-third of its GDP over-night." (CIA World Factbook) The GDP (Gross Domestic Product) is considerably small coming in at $5.3 billion dollars, with a near $2,000 GDP per capita. Because of the mining of its natural resources, Mongolia's export economy only has room to grow. (Let's just hope that Uranium exportation doesn't become number one.) As for its external debt, it is around $1.1 billion, and Mongolia receives only $215 million in aid.
In my research, I also found that it is a requirement for all men age 18-25 must serve 12 months in the military. They spend just a little over two percent of their GDP on the military which amounts to $23.1 million. "In 2003 the army had about 7,500 soldiers and the air defense forces had about 800 personnel. In addition there were about 5,900 border guards and internal troops." (Encarta Encyclopedia) Its military as of recently reported by the UNDP, has been receiving specialty training courses...
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