Tag Archives: developing countries

Scandal involving World Bank’s ‘Doing Business’ index exposes problems in using sportslike rankings to guide development goals

The World Bank’s ease of doing business index incentives countries to do whatever they can to improve their ranking. Jongho Shin/iStock via Getty Images Fernanda G Nicola, American University The World Bank, a behemoth of an organization that provides tens of billions of dollars in aid to mostly developing countries, is in the middle of one of its biggest scandals …

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COVID-19 drug and vaccine patents are putting profit before people

The TRIPS waiver enables WTO member states to manufacture and distribute COVID-19 drugs and medical supplies that would normally be protected by patents. (Pixabay) Ronald Labonte, L’Université d’Ottawa/University of Ottawa and Mira Johri, Université de Montréal Since the birth of the World Trade Organization (WTO) in 1995, most member states have had to abide by the Agreement on Trade Related …

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