CGD in the News

World Bank Formally Urged to Overhaul ‘Doing Business’ Report (Inter Press Service)

July 01, 2013

Scott Morris is quoted in IPS article about the World Bank's "Doing Business" report.

From the article:

An external review panel is calling on the World Bank to institute sweeping reforms to its widely cited annual “Doing Business” report, including doing away with a controversial ranking of countries on a variety of business-friendliness metrics.

The past year has seen significant pushback against such criticism of the rankings, from prominent voices within the business community as well as certain development scholars.

“I think these rankings really do have fundamental value, as without the rankings the Doing Business report is just one more research exercise among many the World Bank does,” Scott Morris, a visiting policy fellow at the Center for Global Development, a Washington think tank, told IPS.

“It is because of the ranking that this report has unique value to those countries that have a long way to go on economic reform. Think of a small sub-Saharan African country with a reformist government in place – how does it get international leverage for reform or gain global attention for what it has accomplished? The rankings exercise, with its very high profile, is tremendously valuable in this regard.”

Read it here.