ARTICLE · 01 NOVEMBER 2012

Doing Business Report Farce

Information Management Solutions Limited

Explore more from Information Management Solutions Limited

So, The World Bank’s Doing Business 2013 has demoted Antigua and Barbuda’s ranking from its 2012 standing of 57 to a new low of 63.

Antigua and BarbudaWealth Management

Ian Moncrief-Scott

Author LinkedIn connections

So, The World Bank's Doing Business 2013 has demoted Antigua and Barbuda's ranking from its 2012 standing of 57 to a new low of 63.

According to the Report, this substantial drop of 12% is a result of Antigua and Barbuda making trading across borders more difficult by increasing the number of documents required to import.

It is, therefore, not at all surprising that commentators on this Report are recognising the weaknesses and serious flaws in these rankings.

It must be obvious that the information for the ranking has been gathered with reliance on certain economic and risk assessment provided by local government officials and politicians, anxious to conceal their often serious shortcomings.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Yet Another Shell Bank

Antigua and BarbudaWealth Management

Information Management Solutions Limited

Turning Out The Lights, The Party's Over!

Antigua and BarbudaWealth Management

Information Management Solutions Limited

World Bank - ANOTHER Venue For Sanctions

Antigua and BarbudaWealth Management

Information Management Solutions Limited

R & R In A Mellon Patch

Antigua and BarbudaWealth Management

Information Management Solutions Limited

Bitcoin Is Now Doomed

Antigua and BarbudaWealth Management

Information Management Solutions Limited

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Wealth Management
- Wealth & Asset Management

See more popular content from

Wealth Management

The Price Of Expropriation

Can a State successfully overcome the public relations nightmare following a disastrous decision to expropriate the private property and business of international investors?

Antigua and BarbudaWealth Management

Information Management Solutions Limited

IMF; Probity, Transparency And Balance?

Following the International Monetary Fund’s publication of a private letter to its Managing Director from Hon. Harold Lovell, Antigua & Barbuda’s Minister of Finance and Public Administration, it would be beneficial for international investors and other observers to examine a fuller perspective

Antigua and BarbudaWealth Management

Information Management Solutions Limited

The Death Of Free Speech

As Antigua & Barbuda slips further into totalitarian barbarism, free speech has become the next target of a government.

Antigua and BarbudaWealth Management

Information Management Solutions Limited

Antigua is Bankrupt

For many decades, Antigua has been ethically and morally bankrupt. This next phase follows naturally, so it is no surprise to international observers that the Ministers of Antigua and Barbuda admit that their country is also financially bankrupt.

Antigua and BarbudaWealth Management

Information Management Solutions Limited

Yet Another Shell Bank

Observers will recall that this is the Commission that oversaw the R. Allen Stanford debacle, which is still arguably the world's greatest bank robbery.

Antigua and BarbudaWealth Management

Information Management Solutions Limited

Bitcoin Is Now Doomed

What is Bitcoin? It is a virtual cryptocurrency, which means that it has no substance and is not underwritten by anyone or any asset other than its creator's reputation.

Antigua and BarbudaWealth Management

Information Management Solutions Limited

The Death Of Correspondent Banking

Until the Bank of New York scandal erupted in 1999 international correspondent banking had not been fully acknowledged as a high risk area, specifically prone to money laundering.

Antigua and BarbudaWealth Management

Information Management Solutions Limited

Antigua's Toxic Cocktail: Fact v Fiction

In a culture where gossip is news, where questions are met with indignation instead of answers, and where, by law, the Ministers' definition of "public good" cannot be questioned, facts and fiction are readily and frequently intermingled in the Government's announcements and news releases.

Antigua and BarbudaWealth Management

Information Management Solutions Limited

Fox In The Henhouse: Regulation..... Antiguan Style

According to the CAFT/GAFIC Antigua & Barbuda Ministerial Report dated 23 June 2008 on Mutual Evaluation / Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism, the Attorney General is the individual charged with the responsibility for coordinating requests from overseas regulators and enforcement agencies.

Antigua and BarbudaWealth Management

Information Management Solutions Limited

Who Regulates Caribbean Regulators?

Despite the protestations from Dr. Errol Cort, personal attorney for R. Allen Stanford on Antigua, former Attorney General and former Finance Minister of Antigua and Barbuda, former World Bank signatory, current unseated representative and present Minister of National Security, the latest Financial Regulator in Antigua has been summarily sacked.

Antigua and BarbudaWealth Management

Information Management Solutions Limited