The U.S. is now considered a “flawed democracy,” according to The Economist’s democracy index. The United States may regard itself as a “leader of the free world,” but it is becoming a ‘developing country’ on global rankings that measure democracy, inequality, writes Kathleen Frydl, Sachs Lecturer, Johns Hopkins University
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The crux of the crisis relates to its Doing Business Index, which ranks the ease of opening and operating companies in 190 countries. In September 2021, an investigation alleged that senior leadership at the bank manipulated the index’s data in response to pressure from China and Saudi Arabia.
View More Scandal involving World Bank’s ‘Doing Business’ index exposes problems in using sportslike rankings to guide development goalsYou cannot copy content of this page