Why the World Bank is Wrong About Singapore

By Kevin Jennings, Arcus Foundation Executive Director

Kevin JenningsThe World Bank, in its recently published “Doing Business” report, has for the ninth consecutive year named Singapore the best country in the world in which to do business. The report “provides objective measures of business regulations for local firms in 189 economies and selected cities at the subnational level,” according to the financial institution. On the very same day, Singapore’s high court upheld the country’s law criminalizing same-sex relationships.

The conclusion? Singapore is a great place to do business – unless you happen to be gay.

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