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Sunday, October 14, 2012

When Economic Growth is Not Necessarily a Good Thing

However, traditionalists often feel threatened by the loss of social values, widening poverty gaps, increased materialism, and corruption; there are now growing concerns that the burgeoning mining wealth stays with the government. There are also regional health and environmental concerns: Mining has been blamed for triggering a rise in respiratory problems, and for causing disruptions to natural water-supplies, which pastoralists use for animal grazing. The government promises to clean up the environmental damage caused by the mines once they have been decommissioned; nevertheless, many residents do not believe such pledges will result in action. 
http://www.policymic.com/articles/16450/how-an-economic-boom-is-changing-mongolia-forever

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