Mongolias Economic Boom Is Leaving Many Behind 2014

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Out Of Steppe (2014): Mongolia is powering into huge economic growth. However with this shift comes great concerns over identity and wealth inequality, as many Mongolians are left behind. • For similar stories, see: • From Genghis to God - Mongolia • • From Genghis to God - Mongolia • Mongolia's Nomads Are Making Money Again • • Mongolia's Nomads Are Making Money Again • Mongolia's Mining Boom (2012) • • Mongolia's Mining Boom (2012) • Subscribe to journeyman for daily uploads: • http://www.youtube.com/subscription_c... • For downloads and more information visit: • http://www.journeyman.tv/film/6096/ou... • Like us on Facebook: • / journeymanpictures • Follow us on Twitter: • / journeymanvod • / journeymannews • Follow us on Instagram: • / journeymanpictures • There used to only be bread and salt on our stalls. The transition has been very quick , explains Dagvadorj, one of Mongolia's richest businessmen. Of 3 million Mongolians, half live in the capital; there has been a rural exodus since a new consumerist way of life has emerged. While many have prospered as Mongolia grows rich, from globalisation, and inward investment; wealth inequality is extreme with one third under the poverty level . A tale of two Mongolia's is emerging. As economist Danbadarjaa claims: prosperity is not felt by every family . As Mongolia races forwards, for the nomads crammed into the yurt slums that surround Ulan-Bator, poverty and alcoholism are rife Tuul Saruula, claims. A fashion designer she signifies the new rich Mongolia. But as Mongolia develops, huge challenges remain. • Wild Angle Productions – Ref. 6096 • Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.

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