Today, Explained cover image

So you toppled an autocrat

Today, Explained

Bangladesh's Political Shift and Microfinance Impact

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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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