World Bank Group Discontinued Doing Business Report

World Bank Group Discontinued Doing Business Report

Question: Which International Institutions has discontinued doing Business Report?
(a) International Monetary Fund
(b) World Bank
(c) World Economic forum
(d) Asian development Bank
Answer: (b)
Related Facts:

  • The World Bank has decided to discontinue publication of its Doing Business Report.
  • The Doing Business Report (DB) was an annually published report which was developed by a team led by Djankov in 2003. It was published by the World Bank Group every year from 2003 to 2019.
  • It’s aim was to measure the costs to firms of business regulations in 190 countries
  • To fill the void created by the discontinuation of this report, World Bank would be working on a new approach to assessing the business and investment climate.
  • Note
  • The headquarter of World Bank is in Washington (USA)
  • The Current President of World Bank is David Malpass.

BY: AMIT GUPTA

Reference: https://www.bloomberg.com/opinion/articles/2021-09-19/world-bank-s-ease-of-doing-business-list-deserved-to-die