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The ease of doing business index was an index created jointly by Simeon Djankov, Michael Klein, and Caralee McLiesh, three leading economists at the World Bank Group, following the release of World Development Report 2002.
Djankov is the creator of the annual Doing Business report, once a publication of the World Bank Group. The report was discontinued in 2021. The report was discontinued in 2021. [ 3 ]
[4] [1] [2] [3] The World Bank ranks individual nations on the ease of doing business index. The ranking of states is not done on same criteria as ranking of nations. Ranking of states does not reflect the level of business-conducive nature of the states, it reflects the willingness of states to reform and attract investments. [4]
The World Bank's 2010 Doing Business Report, Reforming through Difficult Times, ranks the United Arab Emirates as 33rd on the overall Ease of Doing Business, out of 183 economies worldwide. This is up from 47 on 2009, and ranks third in the Arab World and listed among the Top 10 Reformers. [1]
The rank ranges from 1 - 190. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and running of a business. In 2019, [8] Nigeria ranked 131st place in the 2019/20 DBI report and named one of top 10 most improved economies in the world for the 2nd time in 3 years. [7]
A World Bank report acknowledged a delay in getting water access for the new village, but said the village’s water issues had been solved by late 2012. The villagers say that’s not true. They are still waiting, four years after they were forced to relocate, for local authorities to keep their promise to build a small pipeline to draw water ...
“This report comes at a time when the global business environment is becoming increasingly politicized, and companies are having to make some very tough decisions about how, or in some cases if ...
In northern Peru, the World Bank's business-lending arm is part owner of the Yanacocha gold mine, accused by impoverished farming communities of despoiling their land in pursuit of the precious ore. The bank and IFC have stepped up investments in projects deemed to have a high risk of serious and environment damage, including oil pipelines, mines and even coal-fired power plants, an ...