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By Munir Quddus The unseemly manner in which the current government of Bangladesh has sought to remove Professor Yunus from his position as head of the Grameen Bank is a sad spectacle. It seems the government, for reasons one can only guess, is determined to destroy wo...

By Nofel Wahid I am sure you have heard of that rather amusing philosophical paradox, "What happens when an irresistible force meets an immoveable object?" We obviously do not know the answer to that paradox, but not because of lack of curiosity. Which leads me to quer...

By M Shahidul Islam Following the removal of its founder Muhammad Yunus from the Grameen Bank, growing concerns about the future of the bank are prompting some depositors to withdraw their savings. Indeed many analysts and industry experts cautioned that a sudden exit ...

By Eliot Daley Ask any American what they know about Bangladesh, and you're likely to hear one of two things: 1) It's a pitifully backward place cursed with floods and droughts and overpopulation and insuperable poverty; and/or 2) It's the very fortunate place where s...

The pioneer of microcredit, the founder of the "bank for the poor", Grameen Bank (GB), and a Nobel Prize winner for his work on poverty alleviation has now been called a "blood-sucker" and his life-long work described as mere entrapment of the poor towards greater indeb...

By Katherine Esty "There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things." - Niccolo Machiavelli The Prince (1532) I first met Muhammad Yun...

By Alex Counts Microfinance has grown from its origins as a pilot project that sought to demonstrate that the world's poor could benefit from access to the financial services we take for granted. It has since become a major part of the financial sector and national pov...

By Bill Abrams You may have read recently about Muhammad Yunus and a movement by politicians in Bangladesh to remove him from his position as Managing Director of Grameen Bank, which he founded. The Supreme Court in Bangladesh is due to hear his case this week. About...

By Rehman Sobhan The measure of a leader is the ability to transform a perceived adversary into an ally. The measure of a statesman is a leader who can join hands with an adversary in building a better tomorrow for the generations to come. The Bangladesh Bank's notice...

By Shahid Khandker and Hassan Zaman In the 1970s, three out of four Bangladeshis lived in poverty and the country was considered a test case for development. Rapid population growth, frequent natural disasters, and low economic growth throughout the 1980s suggested t...

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