Allegations that World Bank officials manipulated country rankings in its much-used ease of doing business index highlight a deeper problem with these types of rankings.
The African Continental Free Trade Area is the largest in the world. The World Bank sees it as a means of lifting 30 million people out of extreme poverty. But will it?
Indonesia’s shadow economy – a range of activities not included in the national accounts –
is keeping the country back from reaching its tax revenue potential.
While New Zealand leads the world in how easy it is to register a business, government regulation makes it expensive and time consuming to trade internationally.