RE: Two thoughtsThe issues here are twofold:
1) traditional Mongolian socioeconomy -- pre-modern culture where all business decisions were democratic
2) recent socialist regime where traditional anti-business attitudes were kept alive
The problem is business can't really operate in a true democracy where everyone can dispute everything -- it never has.
The ludicrousness of IVN having to gain the approval of every average person in Mongolia to achieve a fair investment contract is apparent to all observers (probably including ubbill) who have been exposed to a modern economy. Can you imagine if an American company had to ask the approval of the American citizenry to outsource their operations or something similarly 'contraversial'?
The Mongolians need to realize that some form of capitalism, in which business and ownership rights are recognized, is the most productive system in the long term. They think they are being fleeced and won't see any benefits. That is because they don't realize what can happen when productive forces are allowed a freer hand.