Abstract
In 2021, the World Bank shut down one of its flagship projects: the Doing Business index, a global ranking system that measured how easy it was to start and run a business in 190 countries. It followed an independent investigation that found World Bank officials had manipulated the rankings to favor powerful countries, including China and Saudi Arabia. The scandal raised serious concerns about the use of global benchmarks to shape development policy. Now, the Bank is trying again. In October 2024, it launched its newest flagship report, Business Ready. The 2025 spring meeting of the World Bank and its sister institution, the International Monetary Fund, mark the first time the report will be formally presented to delegates as part of the institutions’ high-level agenda.
External Links
https://theconversation.com/from-doing-business-to-b-ready-world-banks-new-rankings-represent-a-rebrand-not-a-revamp-254958, archived at https://perma.cc/2JZX-N52H
Source Publication
The Conversation
Repository Citation
Fernanda G. Nicola & Dhaisy Paredes Guzman,
From Doing Business to B-READY: World Bank’s New Rankings Represent a Rebrand, Not a Revamp,
The Conversation
(2025).
Available at:
https://digitalcommons.wcl.american.edu/pub_disc_media/678
Included in
Banking and Finance Law Commons, Business Law, Public Responsibility, and Ethics Commons, Business Organizations Law Commons, International and Comparative Labor Relations Commons, International Business Commons, International Law Commons, International Relations Commons, International Trade Law Commons, Law and Economics Commons