Today's decision by the World Bank to suspend the publication of the Doing Business is a definitely a major event in the history of global development policy, especially because the bank vehementely denied in the past its indicators are biased. THREAD 👇🧵 https://www.worldbank.org/en/news/statement/2020/08/27/doing-business---data-irregularities-statement
@charlesjkenny reminded that Saudi Arabia was named 'top reformer' in 2019: https://twitter.com/charlesjkenny/status/1299062847503298560?s=20
The new WB's move comes only two years after it issued a bold statement denying any chance of undue interference with the DB methodology: "Objective data is not subject to political influence", it said in 2018 after Romer's declarations. https://www.worldbank.org/en/news/statement/2018/01/13/world-bank-group-statement-on-doing-business-index
Will be interesting to watch next steps (and also next stories about 'why' and 'who' provoked this internally). But one thing is certain: if institutional reform is still to be a key element of mainstream global development agenda, good answers will need to be provided. /End.
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