World Bank Doing It Wrong
20:26
The World Bank is suspending the release of the influential Doing Business Index to audit controversial results over recent years. A number of irregularities were reported regarding changes in the data contained in the Doing Business 2018 and Doing Business 2020 reports, published in October 2017 and 2019. Changes in the data were inconsistent with the Doing Business methodology.
The bank stated that the integrity and impartiality of our data and analysis are of paramount importance, so it immediately took some actions.
“We are conducting a systematic review and assessment of data changes that occurred subsequent to the institutional data review process for the last five Doing Business reports.
We have asked the World Bank Group’s independent Internal Audit function to perform an audit of the processes for data collection and review for Doing Business and the controls to safeguard data integrity,” the statement reads.
What is the matter with the World Bank and Doing Business scandal? It has been proven that the ranking discriminated against Chile under socialist rule. Even though the data did not change drastically, the country landed in further positions.
There are suspicions that the country may not be the only one in the group discriminated against because of the government's political affiliation.
