The West is well aware of Russian actions in Ukraine that began with Russian armed forces annexing the Crimean peninsula in Marchas well as initiation of the war in Donbas, which unfortunately is still ongoing Shares By L. Ambassador Donald Lu has had a long and polarizing history in Albania. Todd Wood There are some truths that I strive to preach, for lack of a better word, in today's information-culture wars propagated in our corrupt mainstream media. Here are a few:
Its rankings of 10 factors reflecting the ease with which entrepreneurs and businesses may conduct economic activity in a given economy offer an unbiased way of looking at business. After all, with so much unreliable data coming out of official government statistics offices these days, it would appear to be a useful tool — not only for businesses, but for governments, as well.
Indeed, sincea total of 1, reforms have been implemented by countries to improve their rankings. As it turns out, however, a few countries specifically those with low rankings are none too happy about the report.
Fortunately, the Doing Business report has one very important ally — Kim himself. These World Bank insiders recognize a simple fact — one which many businessmen, politicians, civil servants and economists, like myself, have long understood. The Doing Business report represents one of the few uniform, objective metrics available for measuring the progress of economic reform efforts over time.
Objective metrics like Doing Business are important because, as the late professor Oskar Morgenstern documented in his classic On the Accuracy of Economic Observations, the incompetence and willful trickery of many governments often render official data less than reliable.
The solution to this problem is to develop unbiased statistics using objective data. And while official, macro-level data like gross domestic product per capita is important, it must also be complemented with micro-level data on factors such as contract enforcement and access to electricity.
This is where the Doing Business report comes into play. Rather than rely on often dubious official statistics, the report uses data collected from more than 9, accountants, lawyers, engineers and other business professionals around the world.
And the report provides vital data on the structural strengths and weakness of a given economy. The case of China and its position on the Doing Business report is rather strange.
Moreover, this mantra has worked in China for nearly four decades. In consequence, China has undergone one of the greatest economic transformations and sustained economic booms in history. The Doing Business report should be a cornerstone of this effort.
So long as Kim holds fast and preserves the report as is, China will have access to a valuable policy framework for implementing further economic reforms and an objective benchmark for measuring their progress.
Rather than being embarrassed by its current Doing Business ranking, the Chinese government should view it as a challenge and a call for another marginal revolution or two.Gmail is email that's intuitive, efficient, and useful. 15 GB of storage, less spam, and mobile access.
Indicators from The World Bank: Data. Agriculture & Rural Development.
Agricultural irrigated land (% of total agricultural land). Do You Really Need to Write Word Blog Posts to Rank on Page 1? | Ep. # Doing Business Report. The Doing Business Report (DB) is a report started by Simeon Djankov and elaborated by the World Bank Group since every year that is aimed to measure the costs to firms of business regulations in countries.
Nov 21, · Startups news from the, including the latest news, articles, quotes, blog posts, photos, video and more. Doing business (English) Abstract. Doing Business in Juba is part of the International Finance Corporation (IFC) Sudan Investment Climate Program.