By the invitation from Mongolian People’s Party researcher at Germany’s Erlaßjahr.de policy research institute, Jurgen Kaiser, paid a visit to Mongolia. In the framework of the visit, he held a meeting with the Head of Department of Political Policy, N.Batsumberel, to discuss on “What is “good” debt management? What can Mongolia learn from other countries in regards to this issue?”
When Mongolian People’s Party achieved a landslide victory in the parliamentary election, it faced a mission to recover Mongolia from a nigh-economic bankruptcy. In the earlier of 2017 with the aid from International Monetary Fund Mongolia escaped the bankruptcy, yet foreign debt continues to be one of the biggest issues to fix. That’s why they exchanged views on the steps to take to resolve it.
Jurgen Kaiser, who currently works as a researcher at Germany’s Erlaßjahr.de policy research institute, was born in Essen city of Federal Republic of Germany. He graduated from … He served as a co-founder and a coordinator of Germany’s debt management network and has been working at Germany’s Erlaßjahr.de policy research institute since its establishment in 1995. From February, 2005 to January, 2006, he worked at the U.N. Development Policy and Analysis Division as a consultant of financial flow and management of debt crisis. Moreover, since 2007, he started working as a member to Independent Board Director and Audit Committee of Ecuador and resumes his post as an adviser to Global Fund to Fight AIDS, Tuberculosis and Malaria.
Jurgen Kaiser is a scientist who published many literary works on debt-gymnastic mechanisms, debt relief, conversation of debt.
Germany’s Erlaßjahr.de policy research institute has set above mentioned goals:
1. To consult the poor countries to relieve from debt crisis using fair and transparent methods, depending on the perspective of the borrower as it is today.
2. To null the foreign debts, if they’re violating international law and has become a barrier to achieve the international development goals that were negotiated through.
3. To perform the standards of a responsible lending system, so that both parties take their duties as a borrower and a lender firmly.