8min chapter

Today, Explained cover image

So you toppled an autocrat

Today, Explained

CHAPTER

Bangladesh's Political Shift and Microfinance Impact

This chapter discusses the recent political transition in Bangladesh, focusing on the election of 84-year-old prime minister Mohammad Yunus and his contributions through the Grameen Bank. It reflects on the challenges of microfinance, including high-interest rates and borrower hardships, while drawing contrasts between Yunus’s grassroots approach and another prominent figure's policy-driven methods. The narrative highlights the complex interplay of success, collaboration, and rivalry in shaping Bangladesh's economic landscape.

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