The Grameen Bank: No More the Silver Bullet for Poverty Alleviation?
Wednesday, December 7th, 2011By Garvin Karunaratne, Ph,.D.(Michigan State University) Though it was once thought that the Grameen Bank was the silver bullet for poverty alleviation, grave doubts have emerged in recent years. Initially the Grameen Bank was accepted as an acclaimed success. From very small beginnings in 1976 in a village in Bangladesh, began this micro credit system […]
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