1. development in mongolia
Compounding the inherent difficulties of transforming a controlled collective economy into a free market economy were three major shocks. ... I will argue that the problems and failures that accompanied privatization of land was symptomatic of the problems encountered more generally in the economy : the already very difficult task of transforming an economy was compounded by trying to apply Global development discourses without due regard to local realities. ... The attempt at transforming the Mongolian economy was based on global modernization theory. ... Poverty, which had never been a ...
- Word Count: 2388
- Approx Pages: 10
- Grade Level: Undergraduate