Little Rock There was a long, hopeful report on the supposed growth of microcredit among lower income families in the United States in the New York Times, but no matter how much slipping and falling we might have endured around invisible statistics, there was no way to avoid the bottom line conclusion that microcredit was …
Tag: Bangladesh
Going after Grameen Bank and Social Enterprises in Bangladesh
New Orleans I have sometimes been critical of the Grameen Bank, the microlending institution founded in Bangladesh, and am generally skeptical of claims that debt is an effective poverty reduction mechanism, but the efforts of the Bangladesh government to take control of the institution, seemingly to seize all of its social enterprise assets is troubling. It’s …
Mickey Mouse Leading the Way to “Better Work” in Bangladesh and Other Countries
Little Rock Walt Disney licenses $40 billion worth of products with only 1% of such goods manufactured in Bangladesh, but in the wake of the garment factory collapse killing over 400 workers they have announced that they will transition out of the country within the next year. They also indicated they would pull out …