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World Bank to stop ‘ease of doing business’ report

  • Posted By
    10Pointer
  • Categories
    Economy
  • Published
    20th Sep, 2021

The World Bank would discontinue the practice of issuing Doing Business report following a review of “irregularities” in its data for 2018 and 2020.

Context

The World Bank would discontinue the practice of issuing Doing Business report following a review of “irregularities” in its data for 2018 and 2020.

About the Index

  • In the Index, the economies of countries are ranked according to the ease with which business can be conducted in them. 
  • The scale ranges from 1 to 190.
  • The rankings on the Ease of Doing Business Report help in assessing the “absolute level of regulatory performance over time”.
  • A high ranking in the Ease of Doing Business report meant that the regulatory environment of an economy would be more conducive to the operations of a local company.

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