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 …
Tag: Grameen Bank
Last Gasp Support for Grameen Bank and Microlending?
New York City To see George Shultz, a former US Secretary of Labor, Treasury, and State and Madeleine Albright, a former UN Ambassador and US Secretary of State, co-sign an op-ed piece in the Wall Street Journal as a last gasp move to prevent the Bangladesh Government’s takeover of the path breaking micro-lending institution, the …