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During most of the 20th century, Mongolia slumbered under socialist rule even today, one-third of its people live as nomads, but now Mongolia matters. A natural-resource boom has transformed the country, making it the fastest-growing economy on the planet last year, according to some estimates, in 2001, Mongolia was a $1 billion economy, its GDP had reached $10 billion. At the same time, the country is a vital -- and lonely -- democracy in a tough neighborhood, to the north it sits Russia, which during Soviet times turned Mongolia into a satellite state, to the south, west and east looms China, which for centuries also claimed dominion over it.