World Bank's Bad Business in Sri Lanka
Despite unreconciled tensions following the three-decade-long civil war, militarization of the state, human rights violations, and more than 200,000 civilians in displacement camps, the World Bank generously increased Sri Lanka’s ranking in the Doing Business assessment in recent years. During and after the war, the Sri Lankan military seized large tracts of land through forced evictions and by occupying land abandoned by civilians fleeing violence. Many of the lands were deemed “High Security Zones” during the war, but are now being converted into “Economic Processing Zones” for foreign investors rather than being used for resettling displaced populations. The Bank’s measurements do not factor in this theft of resources nor the overwhelming human rights violations, affording the country a high ranking.