World Bank Group Launches Business Ready Project

By IASbook Team September 25, 2023 Educational Resources 0 Comments

Launched on: 1 May 2023
Launched by: World Bank Group
Objective: To assess the business and investment climate
Covers: Up to 180 economies
Replaces: Ease of Doing Business index

About Business Ready (B-READY) Project

Scope-assesses the economy’s business environment by focusing on the regulatory framework and the provision of related public- services for firms and markets, as well as the efficiency with which they are combined in practice.
B-READY’s three pillars the regulatory framework, public services, and efficiency.

A key innovation of the Business Ready project is the collection and use of data obtained directly from firms.