EFTA00842500.pdf
dataset_9 pdf 160.8 KB • Feb 3, 2026 • 4 pages
From: "jeffrey E." <jeevacation@gmail.com>
To: "Lawrence H. Summers"
Subject: Re: Mongolia
Date: Mon, 26 Oct 2015 15:38:30 +0000
i wouldn't. dont know why world bank, involved. screws up any future deal
On Mon, Oct 26, 2015 at 11:33 AM, Lawrence H. Summers wrote:
Do I want to be doing this?
Sent from my iPhone
Please direct all scheduling inquiries to my office at:
Follow me on twitter ®Ihsutruners
www.larrysummers.com
Begin forwarded message:
From: Bert Hofman
Date: October 26, 2015 at 10:58:34 AM EDT
Cc: Julie Sham le , "Lawrence H. Summers"
, Sarah Mapes •, "James Anderson"
ject: Re: Mongolia
Dear Julie,
I am following up on a request by Mongolian Prime Minister Saikhanbileg. He met with Professor Summers
and would like to have him visit Mongolia to discuss the economy and economic policy with key decision
makers including the PM himself.
The background to this is that the PM is facing a delicate balancing act. With the sharp decline in commodity
prices Mongolia needs economic and policy adjustment, but the politics of this is hard to navigate not least
because next year is an election year. I think he wants professor Summers to bring an independent, highly
credible voice to the debate.
Since I knew that professor Summers was coming to Beijing I opportunistically contacted Fred Hu to reach
out to you to make this happen.
We would be most pleased to have Professor Summers in Mongolia, even if only for a day or so.
Ulaanbataar is only 2 hours flying away from Beijing. We would host professor Summers and give him the
support he needs to credible engage with policy makers, and public and press if needed/acceptable.
We would cover his trip and would provide a fee. Unfortunately we are constrained by World Bank rates for
consultants, the maximum of which is about $1500 per day. We can be somewhat flexible in the number of
days.
EFTA00842500
I sincerely hope that professor Summers is interested in this assignment. If so, we would need to act fast as
we would need to arrange the trip and a contract.
Please let us know of Professor Summers' interest and availability soonest so we can put things in process. I
copy Jim Anderson, world bank country manager in Mongolia, who will need to be involved in following up
as I will be traveling to Europe in a couple of hours. He would also be Professor Summers' host in Mongolia.
Many thanks in advance and I hope this will work out.
Best regards,
Bert
Bert Hofman
World Bank Country Director
China, Korea_Mongolia
On Oct 26, 2015, at 21:25, Fred Hu G > wrote:
Hi Julie,
It should be possible . Let me connect you directly with my friend Bert Hofman who is the China director
for World Bank
in Beijing , so that you can discuss and coordinate as appropriate .
Regards,
Fred Hu, Ph.D.
Chairman
Primavera Capital Group
On Oct 23, 2015, at 9:52 PM, Julie Shample G > wrote:
Fred:
EFTA00842501
I'll discuss with Larry today. If Larry wanted to consider going Mongolia prior to heading to Beijing
would that be an option?
Sent from my iPad
Please note my new email
On Oct 23, 2015, at 8:09 AM, Fred Hu < > wrote:
Hi Larry,
The world bank chief in Beijing has asked if there is any possibility for you to make a quick side trip
there after our conference . The prime minister is eager to see you . I believe you have met him before.
Let me know if you have any interest .
Best,
Fred Hu, Ph.D.
Chairman
Primavera Capital Group
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