Doing Business

In response to the World Bank Group today issuing a statement announcing the discontinuation of its Doing Business report, Nadia Daar, Head of Oxfam International’s Washington DC Office, said: “It's a welcome move and about time the World Bank scrapped its Doing Business report, a global competitiveness index that encouraged governments to adopt destructive policies that worsen inequality, like slashing labor regulations and corporate taxes."

"Aside from obvious questions raised by Paul Romer’s resignation, serious concerns remain around the Doing Business report. Hopefully the next chief economist will be given the mandate to bring coherence and fairness to this ranking."