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The Undoing of Doing Business

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Add to Bookmarks Oct 7, 2021 The demise of the World Bank’s controversial cross-country index, after an independent investigation found improprieties in the 2018 and 2020 reports, has damaged the institution’s credibility, and potentially that of the International Monetary Fund, too. And there is little agreement on what it will take to restore confidence. In this Big Picture, Anne O. Krueger of Johns Hopkins University argues that rebuilding trust in the Bretton Woods institutions requires a decisive response – including replacing Kristalina Georgieva, the

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The demise of the World Bank’s controversial cross-country index, after an independent investigation found improprieties in the 2018 and 2020 reports, has damaged the institution’s credibility, and potentially that of the International Monetary Fund, too. And there is little agreement on what it will take to restore confidence.

In this Big Picture, Anne O. Krueger of Johns Hopkins University argues that rebuilding trust in the Bretton Woods institutions requires a decisive response – including replacing Kristalina Georgieva, the World Bank’s former chief executive officer, as managing director of the IMF. But Columbia University’s

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