Vol. 52 No. 7 (2022)
DEBATES

International Rankings – Friends and Foes in the System of Strategic Planning

A.V. Makarov
Laboratory for Infrastructure and Spatial Research IPEI of the Russian Presidential Academy of National Economy and Public Administration; Department of Economic Theory, Financial University under the Government of the Russian Federation; National Research University Higher School of Economics
Yu. Yu. Ponomarev
Laboratory for Infrastructure and Spatial Research IPEI of the Russian Presidential Academy of National Economy and Public Administration; Gaidar Institute for Economic Policy, Moscow

Published 2022-07-05

Keywords

  • international rankings; business climate; government efficiency; Doing Business; Global Competitiveness Index (GCI); Worldwide Governance Index (WGI); Fragile State Index (FSI), strategic planning

How to Cite

1.
Makarov А, Ponomarev Ю. International Rankings – Friends and Foes in the System of Strategic Planning. ECO [Internet]. 2022 Jul. 5 [cited 2024 Nov. 8];52(7):146-68. Available from: https://ecotrends.ru/index.php/eco/article/view/4475

Abstract

International ratings have played an increasingly important role in national strategic planning systems in recent decades, including in Russia, but their use requires accuracy, taking into account the existing shortcomings and possible biases in assessments. The paper considers general problems of international ratings’ effectiveness, drawbacks of Doing Business (DB) rating, and considers alternative international ratings (GCI, WGI, FSI). It is shown that the successful promotion of Russia in the Doing Business ranking cannot be sufficient to assess the improvement of state regulation efficiency, a broader improvement of socio-economic institutions and the use of other methods of assessment are needed.

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