An Urbanizing Asia Dares Earthquake Tragedy

An Urbanizing Asia Dares Earthquake TragedyMore than half a million people killed, 1.4 million injured, and 80 percent of buildings damaged in Bangladesh’s three largest cities: That’s the “worst-case scenario” outlined in an unpublished draft contingency plan for a large earthquake. The information may change by the time the plan is completed later this year, cautioned Henry Glorieux, an advisor at…

Bangladesh Transforms Despite Vicious Politics

Bangladesh Transforms Despite Vicious PoliticsBangladesh’s social, economic and political development is one of the great success stories of the past 25 years. But today it is Bangladesh’s politically dysfunctional ‘battling begums’ — Sheikh Hasina of the ruling Awami League (AL) and Khaleda Zia of opposition Bangladesh Nationalist Party (BNP) — that hold the country back. Bangladesh has emerged from military…

Grameen Bank Now Under Bangla Central Bank

Grameen Bank Now Under Bangla Central BankOver widespread international and domestic objections, Bangladesh President Abdul Hamid Sunday signed legislation bringing the world-famous Grameen Bank under the supervision of the country’s central bank. The Bangladesh Parliament had passed the bill on Nov. 5. The move came during deepening political chaos, with the Bangladesh National Party-led 18 party opposition alliance, which has opposed…