Posted on Wednesday, May 25th, 2011 | In Brazil, Current Market News
Contributed by: Edward Hugh (http://globaleconomydoesmatter.blogspot.com) -
I owe thanks to Sublime Oblivion's Anatoly Karlin for linking to Kit Gillet's article in the Guardian, "Vast Mongolian shantytown now home to quarter of country's population". It turns out that over the past two decades, the Mongolian capital of Ulan Bator, has grown immensely, developing shantytowns as the traditional nomadic herding lifestyle of the Mongols becomes non-viable and despite the
About Edward Hugh (http://globaleconomydoesmatter.blogspot.com)
Edward Hugh is a macro economist, who specializes in growth and productivity theory, demographic processes and their impact on macro performance, and the underlying dynamics of migration flows. Hugh is a founding member and regular contributor to a number of economics weblogs, including Global Economy Matters, Demography Matters and a number of others. Edward 'the bonobo' Hugh is a Catalan economist of British extraction based in Barcelona. By inclination he is a macro economist, but his obsession with trying to understand the economic impact of demographic changes has often taken him far from home, off and away from the more tranquil and placid pastures of the dismal science, into the bracken and thicket of demography, anthropology, biology, sociology and systems theory. All of which has lead him to ask himself whether Thomas Wolfe was not in fact right when he asserted that the fact of the matter is "you can never go home again". He is currently working on a book with the provisional working title "Population, the Ultimate Non-renewable Resource". Edward also writes regularly for the demography blog Demography Matters. He also contributes to the Indian Economy blog . His personal weblog is Bonobo Land . Edward's website can be found at EdwardHugh.net. Edward follows in detail the Indian, Italian, Spanish, German and Japanese economies. He also has a more than a passing interest in the economies of Turkey and Brazil and in the emerging economies of Eastern Europe.