The Wolf Economy Awakens

– Mongolia’s Fight for Democracy, and a Green and Digital Future

The Wolf Economy Awakens

– Mongolia’s Fight for Democracy, and a Green and Digital Future 

Mongolia, a vibrant democracy landlocked between Russia and China, stands on the edge of becoming Asia’s next boom nation—one of the richest countries per capita in the region.

Referred to as the “wolf economy” for its vast natural resources—copper, gold, and rare earth metals—today, it is also home to a growing number of cutting-edge tech startups and international lifestyle brands. Its vast steppe landscape lends itself not only to herding and tourism but also renewable energy production and filmmaking.

This book is about the individuals who are fighting to strengthen the country’s democracy and diversify its economy. It is about innovators aiming to realize Mongolia’s promise as a hub for green energy, tech and lifestyle entrepreneurs who are shaking up traditional industries, and go-getters who have left high-flying jobs on Wall Street to return to the country they love and play their part in moving it forward.

Unlocking a country’s potential is never easy. But if administered well, and if corruption can be rooted out, Mongolia stands every chance of becoming Asia’s next success story.

Traveling across Mongolia on numerous visits, Asia correspondent and award-winning author Johan Nylander speaks to the country’s leaders and innovators—not to mention a cast of digital nomads, jazz musicians, and ordinary families—and finds a nation ready to grasp a better future.


“A must read for Asia enthusiasts.”

—Rob Carnell, head of research and chief economist, Asia-Pacific, ING Bank (Singapore)

“Nylander ably integrates analysis and on-the-ground reporting.”

—Dexter Roberts, senior fellow, The Atlantic Council’s Asia Security Initiative (Washington DC)

“By far my favorite read on contemporary Mongolia.”

—Jan Wigsten, CEO, 360° Mongolia (Ulaanbaatar)

“An amazing book . . . like reading a detective story.”

—Alicia García Herrero, chief economist, Asia Pacific, Natixis

“Johan is one of the best storytellers and writers I know.”

—Akash Karia, global keynote speaker and bestselling author (Hong Kong)

About The Author

Johan Nylander is an award-winning author and Asia correspondent. His work is published by CNN, Forbes, Sweden’s leading business daily Dagens Industri, and many other international media outlets. 
He’s the author of The Epic Split – Why ‘Made in China’ is going out of style, an in-depth account from the frontline of the US-China trade war. Nylander is also the author of Shenzhen Superstars – How China’s smartest city is challenging Silicon Valley, which became an Amazon bestseller. He is a co-writer of Shenzhen: China’s Southern Powerhouse, a coffee table-sized book of photos published by Odyssey Books, and the author of an acclaimed management book called Simplify (Förenkla, Liber publishing). 
He frequently gives speeches about Asian and Chinese business and tech trends, geopolitical risks in the region, as well as how to navigate a new world of trade war and decoupling. 
During the 2008 financial crisis, Nylander was stationed as a foreign correspondent in London. He has an MBA from the University of Gothenburg. 
Nylander lives with his family in Hong Kong. 
For more about him, and to stay informed about his next book, visit