Tag Archives: World Bank

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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China is financing infrastructure projects around the world – many could harm nature and Indigenous communities

Chinese engineers pose after welding the first seamless rails for the China-Laos railway in Vientiane, Laos, June 18, 2020. Kaikeo Saiyasane/Xinhua via Getty Images Blake Alexander Simmons, Boston University; Kevin P. Gallagher, Boston University, and Rebecca Ray, Boston University China is shaping the future of economic development through its Belt and Road Initiative, an ambitious multi-billion-dollar international push to better …

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