When the demand for, and prices of caterpillar fungus (Ophiocordyceps sinensis, ‘the Himalayan Viagra’, long a part of traditional Chinese medicine) soared, the pastoralists of Golok on the Tibetan plateau where the fungus is endemic dug up, dried and sold the fungus to traders. In the process, these yak and sheep farmers, used to living on the edge of subsistence, became wealthy beyond their imagination. *Trading Caterpillar Fungus in Tibet: When Economic Boom Hits Rural Area* tells the story of what they do with the money they earned from gathering and trading caterpillar fungus, and what this money does to them, revealing a sophistication few outsiders would credit them for.

[Emilia Roza Sulek](https://hu-berlin.academia.edu/EmiliaSulek) is an anthropologist of China, Tibet and Central Asia. She writes about shadow economies, development, conflicts over natural resources, state power, and gender politics. She teaches at the Universities of Zurich and Bern.

Acknowledgements Note on Transliteration List of Illustrations List of Abbreviations List of Measurement and Currency Units Introduction 1. Golok: People and Places 2. Digging 3. Fungus, Medicine, Commodity 4. Market and Traders 5. Market Operations 6. The Law in Action 7. Money 8. Pastoral Life and the Market 9. Spending the Money Conclusions Afterword: A Note on Methodology Appendix Notes Tibetan Word List Bibliography Index