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World Bank Riddled with Major Flaws: Doing Business Report is Just the Tip of the Iceberg

World Bank Riddled with Major Flaws: Doing Business Report is Just the Tip of the Iceberg
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WB comes out with corrected Doing Business rankings, lowers China place by 7 notches

1488 New Delhi, December 18 Coming out with corrected Doing Business rankings following review of data irregularities, the World Bank has said that China’s ranking would have been lower by seven notches in the index for 2018. Besides China’s, the World Bank has corrected the Doing Business rankings of Saudi Arabia, United Arab Emirates and Azerbaijan. In August, the World Bank had decided to pause the publication of its Doing Business report following a number of irregularities regarding changes to data in previous reports. The review details the irregularities and required corrections affecting the data for four countries China, United Arab Emirates, Saudi Arabia, and Azerbaijan, World Bank said in a statement dated December 16.

World Bank corrects Doing Business rankings, lowers China by 7 notches

Coming out with corrected Doing Business rankings following review of data irregularities, the World Bank on Friday said that China s ranking would have been lower by seven notches in the index for 2018. Besides China, the World Bank has corrected the Doing Business rankings of Saudi Arabia, United Arab Emirates and Azerbaijan. In August, the World Bank had decided to pause the publication of its Doing Business report following a number of irregularities regarding changes to data in previous reports. The review details the irregularities and required corrections affecting the data for four countries China, United Arab Emirates, Saudi Arabia, and Azerbaijan, World Bank said in a statement.

World Bank comes out with corrected Doing Business rankings, lowers China place by 7 notches

World Bank comes out with corrected Doing Business rankings, lowers China place by 7 notches Photo taken on April 17, 2020 shows the World Bank headquarters in Washington D.C., the United States. Photo by Ting Shen/Xinhua Coming out with corrected Doing Business rankings following review of data irregularities, the World Bank has said that China s ranking would have been lower by seven notches in the index for 2018. Besides China s, the World Bank has corrected the Doing Business rankings of Saudi Arabia, United Arab Emirates and Azerbaijan. In August, the World Bank had decided to pause the publication of its Doing Business report following a number of irregularities regarding changes to data in previous reports.

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