Poorest Poor

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It took the worst floods of the century to bring Bangladesh back into the spotlight of the international media. The sight of so much water just couldn´t be ignored, even by a world weary of a long list of woes. Fortunately, the flooding this year wasn´t followed by something worse, as had happened the last time around in 1988, when an assortment of Western agencies came up with a Flood Action Plan (FAP) and which required a Supreme Court decision to suspend its implementation.

Presumably, thanks are partly due to Bill Clinton´s adulterous adventures, which prevented fertile Western minds from paying too much attention to Bangladesh. That, however, did not spare one of Bill Clinton´s closer friends, Muhammad Yunus and his Grameen Bank, from undergoing severe scrutiny. Yunus went on international media to say that the entire micro-credit system is under pressure. And it is.

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Himal Southasian
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