The World Bank revises its assessment of the business climate

The World Bank published its new version of its report on the global business climate on Thursday. Called “Business Ready”, it replaces “Doing Business”, whose edition, launched in 2002, was interrupted in 2021 amid scandals. An investigation revealed that when Kristalina Georgieva (later appointed head of the IMF) was managing director, World Bank officials pressured their staff to change the data and improve the ranking of the IMF. China. Irregularities in the ranking of other countries, such as Saudi Arabia, the United Arab Emirates or Azerbaijan, had also been pointed out.

The new report includes fifty countries, mainly in Africa, Asia and Latin America. China, the United States or large European countries are absent. The three winners in this year’s ranking are Budapest, Tallinn and Singapore. Hungary, followed by Portugal, obtains…