B-READY! Understanding the World Bank’s new business-readiness assessment

The long-awaited replacement of Doing Business will soon be out. Called B-READY, it has 10 different indicators on which countries will be rated by experts and company surveys. In an improvement to Doing Business, it will compare what laws say on paper to the reality on the ground, examine the quality of regulations, improve the representation of data, steer away from economy-wide ratings, and assess the environment for the private sector as a whole. A big change to the scoring will be the use of digital government services (single windows and information portals), the subject of several other sessions in the Investment Facilitation track of the Forum.

Session themes: 

• What is B-ready and how is the index composed?
• What is it trying to encourage?
• How will it be rolled out and how will the data be collected?
• How does it differ from Doing Business and how can countries prepare?