Asia

Grameen Bank and `microcredit': The `wonderful story' that never happened

Mohammad Yunus accepts the 2006 Nobel Peace Prize.

Far from being a panacea for fighting rural poverty, microcredit can impose additional burdens on the rural poor, without markedly improving their socio-economic condition, write Patrick Bond and Khorshed Alam.

October 21, 2010 -- Pambazuka News -- For years, the example of microcredit in Bangladesh has been touted as a model of how the rural poor can lift themselves out of poverty. This widely held perception was boosted in 2006 when Mohammad Yunus and Grameen Bank, the microfinance institution he set up, jointly received the Nobel Peace Prize. In South Asia in particular, and the world in general, microcredit has become a gospel of sorts, with Yunus as its prophet.

Consider this outlandish claim, made by Yunus as he got started in the late 1970s: "Poverty will be eradicated in a generation. Our children will have to go to a `poverty museum' to see what all the fuss was about."

South Asia: A regional `new politics' needed to challenge neoliberal agenda

 
October 14, 2010 -- Fisherfolk rally for debt cancellation, Karachi.

By Farooq Tariq

October 2, 2010 -- The recent devastating flood, affecting the lives of more than 20 million people in Pakistan, has once again revealed the severe poverty that people of Pakistan are facing. The only property that many hundreds of thousands were left with after fleeing their mud homes perhaps was just a trunk, few clothes and pottery and may be a donkey, cow or a buffalo.

Afghanistan: Malalai Joya -- `for our people, Obama is a warmonger, like another Bush'

Malalai Joya visits a girls' school in Farah province in Afghanistan. Photo: AfghanKabul.

By Malalai Joya

October 10, 2010 -- rabble.ca -- In the United States, many looked to the ballot box and hoped for real change when Barack Obama was elected president in 2008.

To be honest, I never expected that he would be any different for Afghanistan than President George W. Bush. The truth is that Obama's war policies have turned out to be even more of a nightmare than most people expected. Obama talked a lot about hope and change, but for Afghanistan the only change has been for the worse.

After almost two years of Obama, the number of US troops occupying Afghanistan has more than doubled. And the number of drone attacks in Pakistan has increased. Obama's so-called surge of troops has resulted in increased Afghan civilian deaths.

The documents released by Wikileaks prove what we have been saying about war in Afghanistan. There are more massacres by NATO forces than they wanted us to believe. Now the whole world should know this war is a disaster.

The left cannot ignore China's achievement in poverty reduction

Source:UN Human Development Report, 2007/2008.

By Reihana Mohideen

October 15, 2010 -- China’s achievements in reducing poverty have been outstanding. From 1978 – when the restructuring of the Chinese economy began – to 2007 the incidence of rural poverty dropped from 30.7% in 1978 to 1.6% in 2007. The biggest drop took place between 1978 and 1984 when the number of rural poor almost halved, from 250 million in 1978 to 125 million in 1985. During this period the per capita net income of farmers grew at an annual rate 16.5%. Urban poverty, measured by an international standard poverty line of US$1 per day, reduced from 31.5% in 1990 to 10.4% in 2005. No other Third World country has achieved so much and made such a significant contribution to reducing global poverty, as China has, over this period.

Thailand: Interview with Red Sunday leader Sombat Boonngamanong

Hundreds joined a bike ride for freedom in the historic city of Ayutthaya on October 3. Sombat Boonngamanong, garlanded, is on the red bicycle second from right. Photo by Ooi ThaiDelphi/CBN Press. Published with permission.

October 6, 2010 -- Sombat Boonngamanong, a cultural activist and NGO organiser, was not one of the central leaders of the United Front for Democracy against Dictatorship (popularly known as the Red Shirts) when their mass protest camp (at the Ratchaprasong intersection in the heart of Bangkok) was bloodily dispersed by the Thai military on May 19, 2010. Thousands were injured, 91 killed and hundreds have become political prisoners in this crackdown. But Sombat has since emerged as a popular figure in the dramatic Red Shirts' resurgence over the last month.

Malaysia: 'Draconian, oppressive' amendments to labour law


PSM secretary-general S. Arutchelvan addresses the October 1, press conference. Video journalist: Hisyam Salleh.

By Philip Ho

Kuala Lumpur, October 1 -- klik4Malaysia -- Socialist Party of Malaysia (Parti Sosialis Malaysia, PSM) secretary-general S. Arutchelvan called the proposed labour law review by the Malaysian government's Human Resources Ministry, which will be tabled in the coming parliament sitting, "draconian" as it practically destroys whatever remaining rights workers have left.

Pakistan: ‘Cancel the debt to help flood victims’

March to demand debt cancellation, Lahore, September 19, 2010

September 18, 2010 -- Green Left Weekly -- Ammar Ali Jan is a 23-year-old activist in Pakistan who visited Australia earlier this year to speak at the Resistance national conference. He is an organiser of the Progressive Youth Front (PYF), which campaigns for democracy and against corruption. He spoke to Melanie Barnes from Resistance about what’s been happening in Pakistan, especially the devastating impact of the recent floods.

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Thailand: Return of the Red Shirts -- big protests mark massacre anniversary

A huge crowd mobilised at Ratchaprasong Intersection to mark four months since the May 19 massacre of pro-democracy protesters. Video by Richard Barrow.

By Thailand Troubles and Peter Boyle

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