Robert Ritz

I'm the President of American University of Mongolia, co-founder of ErdemAI, co-founder of Kraft, and editor of MongolBeat. Most of my success comes from my amazing family.

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August 06, 2024

Balancing Act - Mongolia's Wage Growth vs. Rising Living Costs

In recent years, Mongolia has experienced significant shifts in its economic landscape, particularly when it comes to the cost of living. As we delve into the data for 2024, one fact stands out, median real wages have increased 50% since 2014.

July 30, 2024

From Russia with Less - Will Mongolia's Pumps Run Dry in 2024?

Ever wonder what happens when a country almost runs out of gas? Well, Mongolia nearly found out in 2021 and might be heading that way again in 2024.

July 23, 2024

How much have the cost of goods and services increased in Mongolia since 2010?

Mongolia has been grappling with a significant surge in the cost of living, mirroring the global trend of inflation since 2021. The country's annual inflation rate reached a peak of 15.2% in 2022, the highest since 2008. As of 2024, inflation seems to be slowly returning to the target level of 7% per year.

October 22, 2019

How air pollution is measured in Ulaanbaatar

Air pollution is a big issue during the winter months in Ulaanbaatar, Mongolia. The effects of air pollution are quite severe, with those living in the most polluted areas suffering from lowered lung function, increased rates of respiratory infection, and shortened lifespans.