• The World Bank says it will redo its competitiveness rankings after unfairly influencing them for years

    6 monthes ago - By Business Insider

    The World Bank says changes to the methodology of its "Doing Business" report may have unfairly affected some countries' rankings.
    Political motivations of World Bank staff may have influenced the changes, and Chile may have been a target.
    The World Bank says it will revise the rankings for at least the past four years.
    The World Bank's chief economist, Paul Romer, told The Wall Street Journal on Friday that the organization changed the methodology of its "Doing Business" rankings in ways that were unfair and misleading, and the organization will recalculate the rankings for at least the...
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