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Microfinance and Its DiscontentsWomen in Debt in Bangladesh$
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Lamia Karim

Print publication date: 2011

Print ISBN-13: 9780816670949

Published to Minnesota Scholarship Online: August 2015

DOI: 10.5749/minnesota/9780816670949.001.0001

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The Structural Transformation of the NGO Sphere

The Structural Transformation of the NGO Sphere

Chapter:
(p.1) Chapter 1 The Structural Transformation of the NGO Sphere
Source:
Microfinance and Its Discontents
Author(s):

Lamia Karim

Publisher:
University of Minnesota Press
DOI:10.5749/minnesota/9780816670949.003.0001

This chapter discusses the structural evolution of NGOs throughout history and how the NGO sector has become a shadow state in Bangladesh’s rural economy. The NGO is a powerful quasi-governmental institution in its own right due to global trends of neoliberalism, privatization, and even local and international allies. Thus, independent and Western-funded NGOs are now a prominent source of employment and essential services for the nation’s citizens. These factors eventually allow for the NGO sector to introduce microfinancing to a country that would wholeheartedly embrace it to the detriment of its own people.

Keywords:   microfinancing, rural economy, neoliberalism, privatization, shadow state, employment, essential services, NGOs

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