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World Bank Scuttles Anti-Worker Index

by James Parks, Apr 29, 2009

The World Bank’s decision to revise the controversial labor-market ratings in its flagship publication, Doing Business, is long overdue and a “significant step” in the right direction, global union and political leaders say.

Every year, the World Bank rates nations based on criteria that in principle rank countries’ “ease of doing business.” The bank measures 10 separate indicators. But unions, academics and activists have criticized Doing Business as a one-sided publication, focused almost exclusively on a narrow “private investor” perspective, with little regard for social impact.

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