Today& #39;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://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧵" title="Thread" aria-label="Emoji: Thread"> https://www.worldbank.org/en/news/statement/2020/08/27/doing-business---data-irregularities-statement">https://www.worldbank.org/en/news/s...
After two weeks, Paul Romer resigned from its post (and later became a Nobel laureate https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏆" title="Trophäe" aria-label="Emoji: Trophäe">). He issued a public apologies letter. https://www.economist.com/finance-and-economics/2018/01/25/paul-romer-quits-after-an-embarrassing-row">https://www.economist.com/finance-a...
@charlesjkenny reminded that Saudi Arabia was named & #39;top reformer& #39; in 2019: https://twitter.com/charlesjkenny/status/1299062847503298560?s=20">https://twitter.com/charlesjk...
The new WB& #39;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& #39;s declarations. https://www.worldbank.org/en/news/statement/2018/01/13/world-bank-group-statement-on-doing-business-index">https://www.worldbank.org/en/news/s...
Will be interesting to watch next steps (and also next stories about & #39;why& #39; and & #39;who& #39; 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.
You can follow @caiosborges.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: