The Austrian School on Doing Business

Frederic Sautet, blogging at The Austrian Economists, comments on the Doing Business database:

While I am generally not a fan of what the WB does, one must admit that its research branch has generated quite a bit of useful material in the recent past. Other organizations (including private ones such as the McKinsey Global Institute) have been interested in business conditions and how to measure them. However, I believe DBD is the best indicator available.

We like it too. (Frederic was moved to write by Simeon Djankov's presentation at the Cato Institute.)