Bangladesh—A Model of Neoliberalism

The Case of Microfinance and NGOs

Dados Bibliográficos

ID9200422
AutoresAnu Muhammad (autor correspondente)
Ano2015
Volume66
Fascículo10
Páginas35
Data de publicação2015-03-03
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoMonthly Review (JOURNAL)
Identificadores do periódicoISSN: 0027-0520 • E-ISSN: 0027-0520
EditoraMonthly Review Foundation (PUBLISHER)
DOI10.14452/mr-066-10-2015-03_3
OpenAlexW2075794048
IdiomaEN
Citações recebidas12

In 2006, a few months after the Nobel Peace Prize for Muhammad Yunus and Grameen Bank was announced, I was visiting Germany [where many] Germans...looked at it as a victory over neoliberalism. One German activist theatre group invited me to the show of their latest drama, Taslima and the Microcredit. The show was eye opening for me: I realized to what extent Grameen Bank had been misunderstood in the West, and how media campaigns and public relations activities, including embedded studies, created a myth around the Grameen Bank and Yunus.... The theatre organizers requested me to join a discussion following the show. Standing before a mesmerized audience, I had to tell them the hard truth with facts and figures. I said that, despite their best wishes, they were making a terrible mistake. Grameen had never been an alternative to the World Bank-pushed neoliberal economic model; rather, it was born and brought up as a necessary supplement to it.Click here to purchase a PDF version of this article at the Monthly Review website

Art · Drama · Economic history · German · Literature · Media studies · Microfinance · Mistake · Mythology · Neoliberalism (international relations) · Political economy · Political science · Politics · Sociology · Victory · Bangladesh Politics, Society, and Development · Classics · History · Law · Microfinance and Financial Inclusion · Social and Economic Development in India