In 2010, the Oakland Institute highlighted the role of the World Bank in promoting large-scale private investments in agriculture that resulted in widespread land grabs, further impoverishing rural and farming communities. One of the Bank’s key tools for promoting private investment is its annual Doing Business (DB) ranking of countries, which determines how national regulations operate in favor of the “ease of doing business.” While the Bank has no authority or legitimacy to benchmark and rank countries, the DB indicator has come to heavily impact governance in countries since it is closely followed by investors around the world, and influences funding by the Bank as well as other donors. As a result, the DB framework is creating competition between nations to cut down economic regulations as well as environmental and social safeguards in order to score better in the ranking. Although not directly focused on the agricultural sector, the DB ranking has the collateral effect of facilitating land grabbing by advocating for “protection of investors” and property reforms that make land a marketable commodity and facilitate large-scale land acquisitions.
Read the report (13 p.) : www.oaklandinstitute.org/sites/oaklandinstitute.org/files/OurBiz_Brief_Willful_Blindness.pdf