World Bank's latest Business Ready or B-Ready project, announced on May 1, 2023, resuscitates the defunct Doing Business Report (DBR). Since its creation two decades ago, the DBR has been used to drive policy and regulatory changes that favor businesses and corporations at the expense of the people and the planet.
We write as concerned members of the civil society organisations, academia and trade unions to call upon the World Bank's board of executive directors to end the publication of the World Bank's Doing Business Report.
The development narrative continues to be revived despite its role in driving the current crisis and the millions of livelihoods it has destroyed through displacement and dispossession. The interests of the United States, with its inordinate financial and political power over institutions like the World Bank and the IMF, play a prominent role.
SYDNEY and KUALA LUMPUR, Nov 10 2020 (IPS) - The World Bank has finally given up defending its controversial, but influential Doing Business Report (DBR). In August, the Bank “paused” publication of the DBR due to a “number of irregularities” after its much criticized ranking system was exposed as fraudulent.
One of the ugliest features of the modern world is the exploitation of natural resources for private gain, irrespective of its consequences for the environment and the larger community, especially the poor majority.