Scott Morris is quoted in a Reuters article about the World Bank's annual "Doing Business" report.
From the article:
The World Bank on Friday said it intends to keep ranking nations on the ease of conducting business, despite criticism from countries like China that feel the scorecard unfairly stigmatizes fast-growing developing economies.
World Bank President Jim Yong Kim said the Bank is committed to keeping its flagship "Doing Business" report, including the rating, which compares the ease of starting and conducting a business in 185 countries.
Shortly after coming to the World Bank last July, Kim appointed an independent panel to review the report and make recommendations about its future. The World Bank's board discussed the panel's findings on Friday, and they will be released publicly in coming weeks.
Scott Morris, a former U.S. Treasury official, said Kim was motivated to appoint the panel because several board members were very critical of the report last summer and wanted it abolished.
Morris, now a visiting fellow with the Center for Global Development in Washington, said some countries were uncomfortable with the transparency of the ranking system, posing a dilemma for the World Bank on its role and whether it should rank its members.
Read it here.