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Business Daily: Mongolia: The cutting edge of capitalism?

01/04/2013

Mongolia: The cutting edge of capitalism?

BBC World Service - Business Daily, Mongolia: The cutting edge of capitalism?

Is Mongolia at the cutting edge of capitalism?

In the third and final part of Business Daily’s Mongolia series, Justin Rowlatt is in the country’s capital Ulaanbaatar, where he meets the foreign investors who are keen to do business in the up-and-coming economy. It's a country rich in natural resources, and many businesses are ready for the boom to happen. But, will the promise of astounding growth remain just a promise forever? Justin Rowlatt speaks to Altai Khangai, the head of the Mongolian stock exchange, who explains when real growth may develop, and Laurenz Melchers discusses the difference between doing business in Europe and doing business in Asia. (Image: A Ulaanbaatar street, Credit: AFP/Getty Images)
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