

A toxic mix of mutual distrust and rising nationalism – with Taiwan the immediate flash point – has brought Sino-American relations to their lowest point in decades. While neither China nor the United States appears to want a military conflict, we asked PS commentators whether the two powers might nonetheless stumble into one.
MADRID – This month, an independent review panel is expected to release its findings regarding the World Bank’s Doing Business report. Speculation abounds that the panel might recommend outsourcing Doing Business, removing its rankings of countries for the ease of doing business in them, or even eliminating the report altogether.
This challenge is not a new one, as powerful World Bank shareholders have been trying to sink the project since its inception in 2002. Now China, the world’s second-largest economy and increasingly influential within the Bank, is seeking to water down the report by eliminating, among other things, its country rankings. (This year, Doing Business ranked China 91st out of the 185 national economies it examined.)
But gutting or cutting Doing Business would be a grave error and would essentially result in throwing a healthy baby out with the bathwater. Its methodology is largely sound, its purposes are valid, and its findings are useful.
To continue reading, register now.
As a registered user, you can enjoy more PS content every month – for free.
Register
orSubscribe now for unlimited access to everything PS has to offer.
Already have an account? Log in