The World Bank has produced its 2013 list of the best places in the world to start and run a business, ranking the UK in 7th place, below the US in 3rd and Singapore, which retained the number one spot. Germany could only manage 20th place and France secured a lowly berth at number 34 out of 183 countries ranked this week.
Right, OK. A ranking of how easy it is to start and run a business. You can see the rankings here. Property rights, insolvency rules, getting connected to the \’leccie, opening a company, these sorts of things.
More broadly, critics argue the World Bank rankings promote a neo-liberal agenda of privatisations, welfare cuts, limited employment rights and low wages to please and entice foreign multinationals.
Eh? What\’s neoliberal about \”enforcing contracts\”? Or \”resolving insolvency\”?