Posts Tagged ‘ microcredit ’

Bosnia’s post-war microcredit experiment: How to destroy an economy without even trying

October 3, 2011
Milford Bateman
Bosnia’s post-war microcredit experiment: How to destroy an economy without even trying

After nearly four years of bitter conflict, in 1995 the small Balkan country of Bosnia became the location for an experiment in the operation of a microcredit-driven post-war reconstruction and development program.
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Posted in Economy, Political Economy | 13 Comments »

Microcredit doesn’t work – it’s now official

September 20, 2011
Milford Bateman
Microcredit doesn’t work – it’s now official

The concept of microcredit — tiny microloans used to help establish or expand income-generating informal microenterprises — was for most of the last 30 years seen by the international development community to be the perfect self-help answer to poverty, unemployment and under-development.
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Posted in Economy | 31 Comments »

Nobel Laureate Yunus and the judgment of King Solomon

March 17, 2011
Ikhtiar Kazi
Nobel Laureate Yunus and the judgment of King Solomon

Like many other concerned citizens of the world, I was stunned by the news that Nobel Laureate Muhammad Yunus has been sacked by the government of Bangladesh, from his position of managing director (Head) of Grameen Bank, a community development bank he founded in 1983. The actions seem to be politically motivated, where personal...
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Posted in Development, Economy | 37 Comments »

Yunusgate: If you can’t convince, create confusion

March 7, 2011
Nayeemul Islam Khan
Yunusgate: If you can’t convince, create confusion

Dubbed the messiah of microcredit, Dr. Yunus has been (perhaps wrongly) credited with a unique innovation in banking; i.e. banking for the poor. He has received numerous awards including the Nobel Peace Prize in 2006. Hailed as the saviour of the poor and the pioneer of rural women empowerment, the praise and adulation that...
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Posted in Development | 79 Comments »

Yunus departs as the Empire strikes back

March 3, 2011
Afsan Chowdhury
Yunus departs as the Empire strikes back

It is over for Prof. Yunus at Grameen. Bangladesh Bank has done the papers and his removal is done too. He has been ousted by the government supported by all those who have been baying for his blood for years. This victory will be considered one against Yunus, Grameen Bank and microcredit to boot.
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Posted in Economy | 51 Comments »

Credit is a human right. Is debt?

January 4, 2011
Tom Heinemann
Credit is a human right. Is debt?

The heading is not mine. The first portion is a quotation from Mr. Muhammad Yunus and challenged by Thomas Dichter — one of the development experts who participates in my film, “Caught in Micro Debt” which was aired in the Norwegian Television on November 30.
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Posted in Poverty | 20 Comments »

Grameen Bank: why people are critical and what it tells about us

December 21, 2010
Afsan Chowdhury
Grameen Bank: why people are critical and what it tells about us

The recent furore about Grameen Bank, Yunus and microcredit may not leave us knowing more about the topics but we certainly can know more about ourselves through our reactions. The debate is not restricted to facts and figures but comments and opinions often exposing our prejudices and anxieties.
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Posted in Development, Economy | 14 Comments »

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