The Conversation

Scandal involving World Bank's 'Doing Business' index exposes problems in using sportslike rankings to guide development goals

The World Bank's ease of doing business index incentives countries to do whatever they can to improve their ranking. Jongho Shin/iStock via Getty ImagesThe World Bank, a behemoth of an organization that provides tens of billions of dollars in aid to mostly developing countries, is in the middle of one of its biggest scandals since being founded in 1944.

Newcastle United: buying a football club can still be lucrative – with the right business tactics

Shutterstock/Michael715Many Newcastle United fans cheered the announcement on October 7 that their club had finally been sold for £305 million. The sale, to a consortium headed up by Saudi Arabia’s sovereign wealth fund, adds to a long list of clubs bought by the mega-rich, including Manchester City (owned by Sheikh Mansour), Arsenal (Stan Kroenke) and Chelsea (Roman Abramovich).

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