Why the World Bank Erred In Halting Its ‘Doing Business’ Report
Liberal democracy just suffered a major loss, and most Americans don’t even know about it.
The recent decision of the World Bank to discontinue the Doing Business report departs wildly from the substantive yet relatively modest recommendations of the independent review it cited to explain the news. Despite 15 consecutive years of democratic decline around the world, the World Bank has summarily eliminated one of the most effective means of encouraging the adoption and preservation of liberal democratic institutions.
