[untitled]
version | 3310 |
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annotationComment | [publisher] It was one of the fastest-growing emerging markets during the commodities boom. Since the bust, the government and ordinary Mongolians have traded a culture of self-sufficiency for deep indebtedness. |
tags | |
annotationAuthorName | Ananda Thrift |
dateAdded | 2022-06-28T09:38:45Z |
dateModified | 2022-06-28T09:39:47Z |
key | NSDQU7GR |
annotationPageLabel | 3 |
annotationText | Even Mongolia's nomads have been caught up in the country's debt problem. Loans have become an annual ritual on Mongolia's steppes, where herders capitalising on a growing market for cashmere are hostage to a downward cycle of falling margins and deteriorating pastures |
itemType | annotation |
parentItem | Financial-Times_Mongolia-Living-from-loan-to-loan.SRC.fae00c44-82db-4f41-ac8d-f2f550cd7df9.pdf |