Economics

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Western Mongolia's Road to Development

Geoff Riley

2nd October 2016

I used to have an A level student who insisted that bridges were the answer to more or less every development challenge. Naturally, building bridges is better than constructing walls (!) and he did get a top A* grade in his A2 macro! But roads matter too and this short video from the Asian Development Bank provides a timely and clear example of how new highways reduce the time and cost of getting key exports to neighbouring countries.

Western Mongolia's Road to Development

A highway linking Mongolia to neighbouring Russia and the People's Republic of China is bringing development, jobs, and social services to the country's remote western regions.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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