IFI governance

News

Bankspeak of the year 2006

31 January 2007 | Humour

versión en español

In a departure from tradition, this year’s Bankspeak marks an exemplary case of the Bank clarifying a previously fuzzy concept. At this year’s annual meetings in Singapore, just as several dozen accredited civil society participants were being refused entry, held for questioning or deported, the Bank’s PR machine trumpeted the findings from the Doing Business report that the host nation was the “most business-friendly economy in the world 2005/6”. So now we know what business-friendly means.