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Doing Business report
Publications searched: Financial Times; Financial Times online; The Economist; The Times; The Wall Street Journal: The Wall Street Journal online. In
addition relevant news items identified by a Google Alert search, and contained in UK national press or international media outlets (such as the
Bloomberg.com) have been included.
Databases: Nexis – Financial Times, Financial Times online, The Times; Pro Quest – The Economist, The Wall Street Journal, The Wall Street Journal online.
Search Terms: “doing business report”; “doing business AND world bank”. The period searched: 1/1/2013-present. For the Google Alert, the search term
used is “world bank doing business report”
Notes: Only links to non-subscription websites have been provided.
Last updated: 07/06/2016
Publication Title Date Author Vol/issue/ start page
Article type Abstract or Link
The World Bank
Supporting Innovative Polish Companies Will Help Sustain Growth, Says World Bank
3/6/16 Press Release http://www.worldbank.org/en/news/press-release/2016/06/03/supporting-innovative-polish-companies-will-help-sustain-growth-says-world-bank
CPH Post online
This Week’s Editorial: Not so much is rotten …
2/6/2016 Ejvind Sandal
Editorial http://cphpost.dk/opinion/editorial/this-weeks-editorial-not-so-much-is-rotten.html
Huffington Post
Modi Govt Has Made Strides In Achieving Balanced Growth, But Challenges Remain
2/6/16 Rana Kapoor
Blog http://www.huffingtonpost.in/rana-kapoor/modi-govt-has-made-stride_b_10255982.html?utm_hp_ref=india
The Telegraph
Venezuela: how the socialist paradise turned into debt and hyperinflation hell
31/5/16 Szu Ping Chan
Business http://www.telegraph.co.uk/business/2016/05/21/venezuela-how-the-socialist-paradise-turned-into-debt-and-hyperi/
BBC 26/5/16 Mariana Zuniga
Business http://www.bbc.co.uk/news/business-36359120
Pravda West shocked to discover revival of Russian economy - See more at: http://www.pravdareport.com/russia/economics/26-05-2016/134544-russian_economy-0/#sthash.xZaETJ4U.dpuf
26/5/16 Lyuba Lulko Economics http://www.pravdareport.com/russia/economics/26-05-2016/134544-russian_economy-0/
Wall Street Journal online
Narendra Modi’s Business-Environment Report Card
12/10/15 Shefali Anand and Joanna Sugden
Economy and Business blog
http://blogs.wsj.com/indiarealtime/2015/10/12/narendra-modis-business-environment-report-card/
Wall Street Journal online
Diagnosing What Ails Haiti’s Economy
11/10/15 Mary Anastasia O’Grady
Opinion http://www.wsj.com/articles/diagnosing-what-ails-haitis-economy-1444600832
The Economist
Pulling Rank: the shortcomings of the World Bank’s business-climate index
26/9/15 Finance and Economics
http://www.economist.com/news/finance-and-economics/21667925-shortcomings-world-banks-business-climate-index-pulling-rank
The World Post
Nigeria President Buhari: Not On Anyone's 100 Day Clock -- A Look at His Current Economic & Anti-Corruption Efforts
23/9/15 Robin Renee Sanders
http://www.huffingtonpost.com/amb-robin-renee-sanders/nigeria-president-buhari-_b_8180092.html
The Economist
The relative unease of doing business in India
17/9/15 News/Asia http://www.economist.com/news/asia/21664982-ease-and-unease-doing-business-india
The Economist
Paper tiger, roaring dragon
12/9/15 Special Report
http://www.economist.com/news/special-
report/21663329-it-private-sector-not-state-capitalism-responsible-modern-chinas
Bloomberg.com
Bribes, Debt, $100 Billion Lost: Nigeria Can't Keep the Power On
11/9/15 Chris Kay News http://www.bloomberg.com/news/articles/2015-09-11/bribes-debt-100-billion-lost-nigeria-can-t-keep-the-power-on
US Department of State
A Multilayered Approach to the Economic Component of CVE
8/9/15 Catherine A. Novelli
US government report
http://www.state.gov/e/rls/rmk/246706.htm
Wall Street Journal Online
Chile Keeps Nurturing Seeds for ‘Chilecon Valley’
23/8/15 Ryan Dube Tech http://www.wsj.com/articles/chile-keeps-nurturing-seeds-for-chilecon-valley-1440371282
Forbes.com Business Bribery Of Foreigners In Foreign Countries Is A Jolly Good Idea
5/8/15 Tim Worstall Economics and Finance blog
http://www.forbes.com/sites/timworstall/2015/08/05/business-bribery-of-foreigners-in-foreign-countries-is-a-jolly-good-idea/
Wall Street Journal Online
Is the World Bank’s ‘Doing Business’ Report at Odds With How Business Is Done in the Developing World?
4/8/15 Raymond Zhong
Business http://blogs.wsj.com/economics/2015/08/04/is-the-world-banks-doing-business-report-at-odds-with-how-business-is-done-in-the-developing-world/
Journal of Economic Perspectives
How Business Is Done in the Developing World: Deals versus Rules
Summer 2015
Mary Hallward-Driemeier and Lant Pritchett
Vol.29; Iss.3; 2015; pp.121-140
Journal article http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.29.3.121
Journal of Economic Perspectives
Law, Regulation, and the Business Climate: The Nature and Influence of the World Bank Doing Business Project
Summer 2015
Timothy Besley
Vol.29; Iss.3; 2015; pp.99-120
Journal Article https://www.aeaweb.org/articles.php?doi=10.1257/jep.29.3.99
FT.com Ivory Coast’s micro-entrepreneurs excluded from a booming economy
17 July 2015
Maggie Fick Special Report http://www.ft.com/cms/s/0/8d5eb950-169e-11e5-b07f-00144feabdc0.html#axzz3gR78iCoU
The Economist
Beautifying bankruptcy: legal reforms may help chip away at the mountain of non-performing loans
4 July 2015
Finance and Economics
http://www.economist.com/news/finance-and-economics/21656720-legal-reforms-may-help-chip-away-mountain-non-performing
New York Times
Puerto Rico Needs Debt Relief
1 July 2015
Editorial http://www.nytimes.com/2015/07/02/opinion/puerto-rico-needs-debt-relief.html?action=click&pgtype=Homepage&module=opinion-c-col-left-region&region=opinion-c-col-left-region&WT.nav=opinion-c-col-left-region&_r=0
Forbes.com Prime Minister Modi's First Year In Office: A Report Card
26 May 2015
Desai, Ronak
Asia http://www.forbes.com/sites/ronakdesai/2015/05/26/prime-minister-modis-first-year-in-office-a-report-card/
FT.com Are markets too bearish on Brazil’s currency?
15 May 2015
Schaltuper, Mark
Blog http://blogs.ft.com/beyond-brics/2015/05/15/are-markets-too-bearish-on-brazils-currency/?hubRefSrc=permalink
FT Capital is open for business again
30 April 2015
Hider, James
p.2 Features With a ceasefire in place, an economic powerhouse is rapidly emerging, says James Hider
FT.com Industrial companies count the cost of doing business in Russia
20 April 2015
Bryant, Chris and Stothard, Michael.
Guardian.com
The World Bank's race to the bottom
16 April 2015
Furman, Jeff Finance http://www.theguardian.com/sustainable-business/2015/apr/16/world-bank-jim-yong-kim-doing-business-global-parliamentary-conference The World Bank’s yearly business climate ranking is pushing countries to gut their business regulations. What would a smarter business ranking look like?
FT (FT.com) Ukraine puts faith in 16 April Olearchyk,R p.4 World News War-torn country hopes overseas technocrats can
foreign-born reformers 2015 (15 April)
oman and Buckley, Neil
defeat bureaucracy and fraud
FT (FT.com) 'Rolling back reforms has led to this malaise'
15 April 2015
Ucer, Murat and Acemoglu, Daron
p.1 Opinion. FT report – Turkey
Bloomberg.com
Ernst & Young CEO Says Hopes Brazil Politics Won’t Stop Levy
9 April 2015
Biller, David Business http://www.bloomberg.com/news/articles/2015-04-09/ernst-young-ceo-says-he-hopes-brazil-politics-won-t-stop-levy
New York Times.com
9 April 2015
NIDA NAJAR and SUHASINI RAJ
International Business
http://www.nytimes.com/2015/04/10/business/international/founder-of-satyam-software-outsourcing-company-in-india-found-guilty-of-fraud.html?_r=0
BBC.com Saudi Arabia investor confidence 'strong' amid oil storm
31 March 2015
Lobel, Mark Business http://www.bbc.co.uk/news/business-32130888
Investor confidence in Saudi Arabia remains strong, according to the deputy governor of a body which attracts investment to the kingdom.
FT Scandal mars efforts to tame bureaucracy
26 March 2015
Wheatley, Jonathan
p.3 FT Report- Brazil: competitive profile
Corruption: the revelations of the Petrobras case have shocked the country, says Jonathan Wheatley
FT (FT.com) Chronic institutional weakness holds Brazil back
26 March 2015 (25 March)
Lapper, Richard
p.6 Opinion
FT.com (FT)
Cairn's woes turn spotlight on India business environment
17 March 2015 (18 March)
Crabtree, James
(p.16) (Companies) Cairn woes underline Modi's struggle to deliver on pledge of easier path for multinationals
FT (FT online)
India has a real chance to excel on growth
11 March 2015 (10 March)
Wolf, Martin p.9 Comment
The Times Greece and Europe 14 Aldrick, p.47 Business;
have exchanged punches, but now it's time to talk
February 2015
Philip Opinion Columns
Wall Street Journal Online
Greece's Partial Reality Check; Athens needs to focus on supply-side reform before debt restructuring.
Feb 5, 2015
News The real reason Greece is a mess is that it takes 13 days to register a new company, according to the World Bank's Doing Business survey, and 193 hours per year to file a corporate tax return to pay top rates of profit and labor tax equal to nearly 50% of profits--if a company pays tax at all.
Wall Street Journal Online
A New President's Bid to Transform Indonesia; Joko Widodo, who has promised to spur foreign investment, toured a cattle-ranching school in south Sumatra to spread his message.
Dec 7, 2014
News The president wants to transform Southeast Asia's largest economy, which ranks 114 out of 189 countries in the World Bank's ease-of-doing-business survey and has trouble attracting the value-added industry and export-oriented manufacturers it needs to diversify an economy largely dependent on exports of coal and other commodities. The president said in his interview with The Wall Street Journal that trips around the country give him credibility among the people, allowing him to do things like raise fuel prices, despite the unpopularity of the move, to divert costly fuel subsidies to infrastructure and other projects.
Wall Street Journal Online (Wall Street Journal)
Indonesian President Joko Widodo Pledges to Cut Investment Barriers; New Leader, Known as 'Jokowi', Aims to Overcome Decades of Unmet Potential
Dec 7, 2014 (Dec 8, 2014)
McDowell, Patrick; Otto, Ben; Murray, Matt.
News In his first interview with a Western news organization since taking office on Oct. 20, President Joko Widodo, popularly known as Jokowi, spoke at length to The Wall Street Journal of streamlining the bureaucracy to spur foreign investment and fixing creaking infrastructure that has choked development and defending maritime resources by sinking foreign boats taking fish illegally. The Indonesian president is proposing a major transformation of Southeast Asia's largest economy, which currently ranks 114 out of 189 countries in the World Bank's ease-of-doing-business survey and has trouble attracting more of the value-added industry and export-oriented manufacturers it needs to diversify an economy largely dependent on exports of coal and other commodities.
FT When the wheels of 17/11/14 Mallet, p.8 Notebook
India justice stick Victor Wall Street Journal Online (Wall Street Journal)
After 25 Years, Central Europe Still Playing Catch-Up; Central Europe's Progress Has Fallen Short of What Many of Its Citizens Had Hoped for
Nov 16, 2014 (Nov 17, 2014)
Nixon, Simon
News (Commentary)
[...]Slovakia and the Czech Republic both fare badly in Transparency International's corruption indices; Hungary has actually slipped back in recent World Bank ease-of-doing-business surveys and Poland scores badly in areas such as the ease of setting up a company or acquiring construction permits.
The Economist
Ranking the rankings; Performance indices
8/11/14 v.413 iss.8912 p.61
News Education ministers across the globe quake in the run-up to the publication, every three years, of the OECD's Programme for International Student Assessment (PISA), which rates 15-year-olds' academic performance in dozens of countries. Those that do well can expect glory; the first PISA ranking, published in 2001, surprised the world by putting unshowy Finland near the top in every subject and made it a mandatory stop-off for any self-respecting education policymaker. Similarly influential is the yearly Ease of Doing Business Index from the World Bank. Government presentations to investors will always show the highlights (provided, that is, there are numbers worth boasting about). The Trafficking in Persons (TIP) report compiled by America's State Department each year ranks governments on their perceived willingness to combat trafficking. A bad showing blackens a country's name and can mean losing aid and investment. Such performance indices, which rank social issues or policy outcomes in different countries by combining related measures into a single score for each, are enjoying a boom.
The Economist
Caught up in the courts; Insolvency and commercial disputes
1/11/14 v.413 iss.8911 p.65
General information
The World Bank released its annual Doing Business report, ranking 189 economies by how attractive they are to firms. The report's most interesting data--on the time it takes to settle a commercial dispute or to wind up a company--shed light on the problems facing Europe's periphery since the global financial crisis. Countries where it is quick and easy to do these things are usually more attractive to investors than places with
lethargic legal systems.
Wall Street Journal Online
Widodo Inherits Legacy of Foreign-Investment Hurdles; In Recent Years, Indonesia Has Introduced Limits on Foreign Investment
Oct 22, 2014
Otto, Ben
News [...]standing in the way of change is a system of entrenched interests, corruption and growing economic nationalism that has limited growth, discouraged foreign investment and left Southeast Asia's largest economy in the bottom half of World Bank rankings for ease of doing business.
FT.com Economic inequality underpins Hong Kong’s great political divide
21/10/14 Nobel, Josh
The Economist
Let a million factories rise; Business in Myanmar
18/10/14 v.413 iss.8909 p.70
News Myanmar sits between the massive markets of China and India and also gives Thailand a quick westward route to the sea. It abounds in arable land, water and natural resources - it is richly endowed with oil, natural gas and precious stones such as jade, rubies and sapphires. Thailand's labour force is ageing, shrinking and getting more expensive; Myanmar's is cheap and young, and is benefiting from the return of some of the 3m-5m Burmese working abroad. After several false starts the government appears committed to creating a market economy where new businesses might thrive. There is still plenty to do. The most recent of the World Bank's annual reports on the ease of doing business puts Myanmar 182nd out of 189 economies. Myanmar's abundant supply of low-skilled workers need productive jobs if its economy is to shine like the sun reflecting off a golden stupa.
FT.com Italian leader Matteo Renzi targets legal profession for reform
13/10/14 Politi, James Web publication
FT.com Renzi’s test to start with reform of Italy’s justice system
29/8/14 Segreti, Giulia
Web publication
FT.com Global companies help 21/1/14 Daneshkhu, Web
boost small farms Scheherazade
publication
The Economist
Reality check; Myanmar's economy
4/1/14 v.410 iss.8868 p.30
News The most recent edition of the World Bank's annual "Doing Business" report is a sobering read for Myanmar. It has been almost three years since President Thein Sein came to power and launched his much-trumpeted reform programme. As part of the effort to reconnect Myanmar to the global economy, the country was included in the report for the first time in 2013. Yet the results show that it is still among the very worst countries in the world to do business.
FT.com Albania playing catch-up
16/12/13 Hope, Kerin Web publication
FT.com Successful reforms mean no second Portuguese bailout
25/11/13 Moedas, Carlos
Web publication
FT Mood stays buoyant in spite of ethnic stress
13/9/13 Hope, Kerin p.1 FT REPORT - REPUBLIC OF MACEDONIA
FT.com Mineral riches elude the poor
11/9/13 Wilson, James
Web publication
FT.com Panel urges World Bank to drop country rankings from ‘doing business’ report.
24/6/13 Politi, James Web publication
FT World Bank advised to scrap rankings
8/6/13 Harding, Robin
p.10 WORLD NEWS
FT.com World Bank urged to scrap report rankings
7/6/13 Harding, Robin
Web publication
Wall Street Journal Online (Wall Street
How America Lost Its Way; It is getting ever harder to do business in the United States,
Jun 7, 2013 (Jun 8, 2013)
Ferguson, Niall
News (Commentary)
Consider the evidence from the annual "Doing Business" reports from the World Bank and International Finance Corporation. Since 2006 the report has published data for most of the world's
Journal) argues Niall Ferguson, and more stimulus won't help: Our institutions need fixing.
countries on the total number of days it takes to start a business, get a construction permit, register a property, pay taxes, get an export or import license and enforce a contract. A prime example is the 848-page Wall Street Reform and Consumer Protection Act of July 2010 (otherwise known as the Dodd-Frank Act), which, among other things, required that regulators create 243 rules, conduct 67 studies and issue 22 periodic reports.
The Times Russia uses centre stage to make its pitch to investors; Business briefing
3/6/13 Kathryn Hopkins; Sam Fleming
p.37 Business
The Times 'I can prove every dollar,' insists African exile accused of stealing $77m from state
3/6/13 Alex Spence p.37 Business
Wall Street Journal Online (Wall Street Journal)
Don't Blame Ireland for America's Tax Blunders; Despite what you might have heard from Washington, Apple didn't find a 'tax haven' in the Emerald Isle.
May 30, 2013 (May 31, 2013)
Bruton, John; Murphy, Kevin
News Dublin In a contentious U.S. Senate investigative committee hearing last week on the amount of taxes paid by Apple, Ireland was described by one senator as being a "tax haven." According to the PwC/World Bank's "Doing Business 2013" report, the U.S. ranks 69th in the world in ease of paying taxes, while Ireland ranks sixth.
FT Grit in the pearl 18/5/13 Cole, Teresa p.1 FT WEEKEND SUPPLEMENT
FT.com Phnom Penh’s heritage under threat from building boom
17/5/13 Cole, Teresa Web publication
Wall Street Journal Online
A Flawed 'Doing Business' Report
May 15, 2013
Caliari, Aldo
News Every year the World Bank publishes the Doing Business report and the Doing Business rankings which measure countries' performance in what it considers good "investment climate" reforms. Because the World Bank is a public institution, we believe that
open and participatory debate on the suitability of the Doing Business project for such an institution is of the utmost necessity.
FT China’s challenge to the World Bank
9/5/13 Zadek, Simon and Vogl, Frank
p.8 LETTERS TO THE EDITOR
FT China tests World Bank with push to remove rankings in key survey
7/5/13 Harding, Robin
p.1 FRONT PAGE
Wall Street Journal Online (Wall Street Journal)
Doing In Business at the World Bank; An annual survey on free enterprise is under attack.
May 7, 2013 (May 8, 2013)
News (Editorial)
The bank certainly wouldn't help its case for continued existence by axing the only useful thing it does. Since 2003, the bank's annual Doing Business survey has reported on the regulatory environments facing small and medium businesses around the world.
FT.com China hits out at regulation rankings
6/5/13 Harding, Robin
Web publication
The Times I could have been killed at any time - but I knew I wanted to lead; The President of Malawi has battled against all the odds to give her small country belief
30/4/13 Lucy Bannerman
p.14 AFRICA; FEATURES
Wall Street Journal Online
A World Bank Success Under Attack
Apr 30, 2013
O'Grady, Mary
News According to an April 26 essay in Foreign Policy by two Cato Institute policy analysts, "humanitarian groups such as CAFOD, Oxfam, Christian Aid, Save the Children, and others" made a "joint submission" to the panel claiming "that the Doing Business assessments are 'mostly irrelevant to the majority of businesses struggling to do well in developing country markets.'" During the review panel's discussion, the Cato analysts report, "Aldo Caliari, a director at the Center of Concern, one of the signatories of the joint submission to the review panel, called the information provided by
Doing Business rankings 'illusory.'" The critics asked "the World Bank and other donors to stop using Doing Business as a benchmark assessing the 185 countries covered in the study," Cato scholars Dalibor Rohac and Marian L. Tupy wrote.
The Economist
Stand up for "Doing Business"; The World Bank
25/4/13 v.407 iss.8837 p.16
Commentary A year ago, when Jim Yong Kim was appointed president of the World Bank, this newspaper had doubts about the choice. Mr Kim, then head of Dartmouth College, was a health expert who had run innovative AIDS projects in poor countries, but had no background in economics or finance. He once wrote that the "quest for growth in GDP" had "worsened the lives of millions of women and men". For the boss of the world's premier development bank, this was a curiously sceptical view of what economic growth might do for the poor. Mr Kim has since assuaged some of those doubts. He has focused the bank on eliminating extreme poverty and has promised that the sprawling organisation will be more "scientific" in delivering its services. But a big test lies ahead: a showdown over the "Doing Business" report, one of the bank's most successful research products, but one which some shareholders would like to see watered down or scrapped. How Mr Kim handles this will show whether he understands the importance of growth, has a sensible idea of the bank's role in supporting it--and is a strong leader or a supine one.
FT Growth in textiles and clothing plays central role in jobs creation; Industry.
19/4/13 Clayton, Jonathan
p.2 FT REPORT - LESOTHO
Ft.com Growth in textiles and clothing plays central role in jobs creation; Industry.
18/4/13 Clayton, Jonathan
Web publication
FT Continent’s twin poles on different
23/1/13 Wallis, William
p.3 FT REPORT - THE WORLD
trajectories 2013 Wall Street Journal Online (Wall Street Journal)
Why Charity Hasn't Done Much for Haiti; Three years after the earthquake, it is 183rd in the world in ease of starting a business.
Jan 13, 2013 (Jan 14, 2013)
O'Grady, Mary
News Handouts from the U.S. and Canada--which now seem to be largely channelled through foreign nongovernmental organizations--have helped the country earn the moniker of "the republic of NGOs." [...]the real problem of Haiti is revealed in the World Bank's 2013 "Doing Business" survey, which rates the climate for entrepreneurship in 185 countries.
The Times It's beer, but not as we know it - how a local drink struck it rich; From Zambia's mines to middle-class lips - brewing is an investment role model
19/3/12 Lucy Bannerman
p.12 AFRICA; NEWS
