Posts tagged ‘world bank’

29 September 2021

Out of Business

Tom Stevenson

On 16 September the World Bank discontinued its annual Doing Business report. It had been one of the Bank’s flagship publications: a detailed index of the conditions for businesses in different countries around the world, along with an eye-catching league table. Countries could improve their ranking by cutting red tape, strengthening investor rights or making labour more ‘flexible’ – the standard neoliberal reforms. Following the prescription rarely made places richer or more developed, but that didn’t seem to affect the report’s influence.