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Modern Mongolia and new technologies
After the Soviet Union collapsed, Mongolia has moved away from the communist economic system and began to allow private investment. Despite the fact that the country has stimulated private investment, Mongolia is very exposed to price shocks. All because of the fact that there is no diversification of the economy, and it is heavily dependent on natural resource exports to / through China. International Monetary Fund forecasts GDP increase fourfold by 2018, from 2,000 to 8,000 dollars.
16 ph via time.com translation
1. The shepherd sets the solar panel near his home - felt tents known as yurts also in Bugate, Mongolia. Like most others, his family has also recently acquired a satellite TV antenna.
2. Natural Resources.
A worker inspects the processing plant at the copper mining complex in Erdenete. In 2009 the company «Rio Tinto» and a Canadian company «Ivanhoe Mines» franchise created by copper and gold mining in the country a total amount of 4, 5 billion dollars.
3. Market capitalization.
More than 400 companies are actively trading on the Mongolian Stock Exchange in Ulan Bator, and this despite the fact that it opened a total of 11 and 5 pm Monday through Friday.
4. spenders.
Advertising opening of a new shopping center in Ulaanbaatar operator removes young models while shopping, which ends at the monument of Zaisan.
5. Flat screen.
Before the State Department Store in Ulaanbaatar on the big screen broadcast advertising.
6. Glass and steel.
Despite the fact that several high-rise buildings towering on the horizon of Ulan Bator, the country still lacks a developed infrastructure outside the capital.
7. circle.
Boy ride the rides at an amusement park near the Buddhist monument.
8. Club life.
In a nightclub «Metropolis» prefer Western music in the style of trance.
9. Fainting.
Alcohol abuse remains a serious problem in Mongolia. According to a study conducted by the World Health Organization and the Ministry of Health of Mongolia, 22 percent of Mongolian men and 5 percent of women suffer from alcohol dependence.
10. The water.
People refreshing in Tuul River, which flows through the capital. According to UNESCO, the river polluting the booming industry of gold mining, as well as waste water from the rapidly growing population of Ulaanbaatar.
11. Trendsetter.
A woman walks past the shop «Louis Vuitton» in Ulan Bator. House of haute couture was the first retail store, selling luxury items, which opened in Mongolia in October 2009.
12. Stylish sunglasses.
The woman chooses points in a shopping center in Ulan Bator.
13. Entertainment.
Passengers traveling by bus to Arvayknera, a town in the central part of the country. Most roads outside Ulaanbaatar are unpaved.
14. network.
Teenagers playing on a computer in an apartment in the capital. Residents of Ulaanbaatar have to download the latest games over the Internet with Chinese websites or torrent trackers.
15. Up!
A man walks past a building under construction in the capital.
16. rush hour.
Young woman talking on the phone while riding a bus.
Source:
16 ph via time.com translation
1. The shepherd sets the solar panel near his home - felt tents known as yurts also in Bugate, Mongolia. Like most others, his family has also recently acquired a satellite TV antenna.
2. Natural Resources.
A worker inspects the processing plant at the copper mining complex in Erdenete. In 2009 the company «Rio Tinto» and a Canadian company «Ivanhoe Mines» franchise created by copper and gold mining in the country a total amount of 4, 5 billion dollars.
3. Market capitalization.
More than 400 companies are actively trading on the Mongolian Stock Exchange in Ulan Bator, and this despite the fact that it opened a total of 11 and 5 pm Monday through Friday.
4. spenders.
Advertising opening of a new shopping center in Ulaanbaatar operator removes young models while shopping, which ends at the monument of Zaisan.
5. Flat screen.
Before the State Department Store in Ulaanbaatar on the big screen broadcast advertising.
6. Glass and steel.
Despite the fact that several high-rise buildings towering on the horizon of Ulan Bator, the country still lacks a developed infrastructure outside the capital.
7. circle.
Boy ride the rides at an amusement park near the Buddhist monument.
8. Club life.
In a nightclub «Metropolis» prefer Western music in the style of trance.
9. Fainting.
Alcohol abuse remains a serious problem in Mongolia. According to a study conducted by the World Health Organization and the Ministry of Health of Mongolia, 22 percent of Mongolian men and 5 percent of women suffer from alcohol dependence.
10. The water.
People refreshing in Tuul River, which flows through the capital. According to UNESCO, the river polluting the booming industry of gold mining, as well as waste water from the rapidly growing population of Ulaanbaatar.
11. Trendsetter.
A woman walks past the shop «Louis Vuitton» in Ulan Bator. House of haute couture was the first retail store, selling luxury items, which opened in Mongolia in October 2009.
12. Stylish sunglasses.
The woman chooses points in a shopping center in Ulan Bator.
13. Entertainment.
Passengers traveling by bus to Arvayknera, a town in the central part of the country. Most roads outside Ulaanbaatar are unpaved.
14. network.
Teenagers playing on a computer in an apartment in the capital. Residents of Ulaanbaatar have to download the latest games over the Internet with Chinese websites or torrent trackers.
15. Up!
A man walks past a building under construction in the capital.
16. rush hour.
Young woman talking on the phone while riding a bus.
Source:
