B-READY provides a quantitative assessment of the business environment with an annual frequency and worldwide coverage. At the heart of B-READY’s mission is the goal of promoting economic growth and eliminating poverty. B-READY aims to improve the private sector, not only by advancing the interests of individual firms but also by elevating the interests of workers, consumers, potential new enterprises, and the natural environment. B-READY aims to achieve this objective by focusing on three main areas:
• Reform advocacy. B-READY advocates for policy reform through the effective communication of international benchmarking, opening the door for knowledge sharing and policy dialogue for governments, the private sector, the World Bank Group, and other development institutions.
• Policy guidance. B-READY guides specific policy change through comprehensive and relevant data and information, showing how and by how much each economy lags international good practice.
• Analysis and research. B-READY provides granular data for research and analysis, shedding light on the drivers and mechanisms of private sector development.
By promoting a better business environment, B-READY helps create conditions that are favorable for investment and entrepreneurship. This, in turn, can lead to job creation, higher incomes, and improved living standards.
