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Business Ready (B-READY) Rankings

Business Ready (B-READY) Rankings:

The World Bank released the Business Ready (B-READY) rankings.

  • The World Bank Group is implementing a new corporate flagship, Business Ready (B-READY).
  • Objective is to assess the business and investment environment worldwide annually.
  • B-READY improves upon and replaces Doing Business.
  • The new approach is informed by advice from experts in the WBG and recommendations from qualified academics and practitioners outside the institution, including the External Panel Review on DB methodology.
  • The new benchmarking exercise is being developed in the Development Economics (DEC) Global Indicators Group (DECIG).
  • This Group will design, pilot, and implement the new benchmarking exercise.
  • It will be under the guidance of the WBG Chief Economist and DEC Senior Vice President.
  • The data collection and reporting process will be governed by the highest possible standards, including sound data gathering