I have
written the contents of this blog for the World Bank's Inspection
Panel. They contacted me, to my surprise, in response to several of
my Twitter postings where I complained about the World Bank's
inaction. I am very pleased that they did. Most Tweets were in
relation to the treatment of community activist Tep
Vanny whose land disputes should have been resolved after an
Inspection Panel's previous report. In fact she continued to be
detained by authorities for maintaining her community's protest.
Next to her case I criticized the way Micro-Finance Institutions were
operating in Cambodia in increasing rather than alleviating poverty:
“MFI's
have lost their way”. By chance our journalist colleague David
Hutt released an
article this week making much the same points.
August 2019 - please see in-depth analysis by LICADHO on how and why MFI malpractice is posing a danger to so many poor Cambodians. The issue aroused more controversy in July 2020 when Acleda Bank and the Khmer Times weighed-in. (See updates below)
August 2019 - please see in-depth analysis by LICADHO on how and why MFI malpractice is posing a danger to so many poor Cambodians. The issue aroused more controversy in July 2020 when Acleda Bank and the Khmer Times weighed-in. (See updates below)