The ABCs of Doing Business
Every year when the World Bank publishes its report on the "ease of doing business" in 190 economies, countries that fall in the ranking are quick to cry foul or complain about methodological errors. But governments make a much bigger mistake when they view the Doing Business index as a measure of overall wellbeing.
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NEW YORK – The World Bank’s annual Doing Business (DB) report is probably its most-cited publication. It is also the Bank’s most contentious, and with the release of Doing Business 2018 last October, the controversy surrounding the report has reached new heights, with some critics accusing it of obfuscation, data rigging, and political manipulation.