World Bank Accused of Numbers Manipulation to Hurt Chile in Report

Is the World Bank ginning up, or down, numbers to get the desired results they want in their  Doing Business rankings?   Chile is accusing the World Bank of doing just that.

The World Bank’s serious error

The news that the World Bank made repeated methodology modifications over the past four years to its Doing Business rankings – changes that penalized Chile more than any other nation – is worrisome because it places into question the credibility of the information provided by the Bretton Woods institution.

At BNamericas, we rely on these competitiveness rankings to bolster our news; they provide a framework of understanding to our reporting on the real economy within Latin America, and influence our macro analysis of countries.

Chile is currently 55 out of 190 countries on the list, down from 34 in 2014, when President Michelle Bachelet began her second term.

Read More at bnamericas.com

About Paul Gordon 2955 Articles
Paul Gordon is the publisher and editor of iState.TV. He has published and edited newspapers, poetry magazines and online weekly magazines. He is the director of Social Cognito, an SEO/Web Marketing Company. You can reach Paul at pg@istate.tv