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Tag: David Roodman

 

Grameen Bank Heist and Burma Debt - David Roodman

David RoodmanOur Wonkcast this week covers two separate topics and two international figures recently in the news. First, Muhammad Yunus is considered the father of microfinance as the founder of Grameen Bank. Why then has he been removed from his post? What does it mean for the future of Grameen? Following up, we discuss another Nobel peace prize winner, Aung San Suu Kyi, and the future of Burmese debt.

Muhammad Yunus Forced Out –Whither Microcredit? David Roodman

Muhammad Yunus has been forced by a Bangladesh court to step down as the head of the Grameen Bank, leaving the world to wonder what will become of the institution that helped inspire the microfinance revolution. On this week’s Wonkcast, we consider the rise and uncertain future of microcredit, not so long ago the darling of development experts and activists alike, and discuss whether or not the arc of Yunus’s remarkable life serves as an apt metaphor for the microfinance movement.

My guest is CGD senior fellow David Roodman, who has been tracking the Yunus trial since it began as part of his Microfinance Open Book Blog. The book in public on the blog, Due Diligence: An Impertinent Inquiry into Microfinance, is nearing completion and will be published before the end of the year.