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Hedwig Amelia Waters, "Moral Economic Transitions in the Mongolian Borderlands: A Proportional Share" (UCL Press, 2023)

New Books in Sociology

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The Parallel Economy and Moral Economic Dichotomization in the Mongolian Borderlands

This chapter explores the culture and economic activities in the Mongolian borderlands, where locals engage in resource extraction and smuggling due to limited employment opportunities. It discusses the concept of moral economic dichotomization and how locals justify their involvement in certain economic activities. The chapter also delves into the perception of markets and capitalism as a necessary evil in Mongolia, as well as the significance of the banking system and chronic indebtedness in rural areas.

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