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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.
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annotationAuthorNameAnanda Thrift
dateAdded2022-06-28T09:38:45Z
dateModified2022-06-28T09:39:47Z
keyNSDQU7GR
annotationPageLabel3
annotationTextEven 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
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parentItemFinancial-Times_Mongolia-Living-from-loan-to-loan.SRC.fae00c44-82db-4f41-ac8d-f2f550cd7df9.pdf

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