Friday, August 19, 2022
Google search engine
HomeEconomybne IntelliNews - The economics of herding in Mongolia

bne IntelliNews – The economics of herding in Mongolia

Pastoralism, also known as nomadic herding, was once practiced by the majority of Mongolians. However, more and more young people are leaving the steppes in search of education and a modern life as economic opportunities in the city increase. Herding still remains a big business though, as there will always be demand for meat, leather, wool, cashmere and milk. Consequently, over the past two decades, the trend has been toward fewer herder households with larger herds. Currently, Mongolia has more than three times as many animals as in the year 2000, while herding households account for only 20.5% of all households.

There are more than three times as many animals in…

Read more…

RELATED ARTICLES
- Advertisment -
Google search engine

Latest Posts