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Ease of Doing Business Ranking: Why Was It Scrapped and Who’s Guilty of Manipulation?
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In September 2021, The World Bank announced that it would scrap its Doing Business report and rankings. The decision comes following internal reports pointing to “data irregularities” in its 2018 and 2020 editions. According to an investigation conducted by Washington-based law firm WilmerHale, World Bank staff members allegedly changed data on China to improve its ranking on the ease of doing business, under pressure from the office of the then-World Bank president Jim Yong Kim and the then-chief executive Kristalina Georgieva and one of her advisers. What was the main problem with this ranking system and why was India so keen on seeing its spot rise on the index? Watch this deep dive on the issue with Mitali Mukherjee.
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The founding premise of The Wire is this: if good journalism is to survive and thrive, it can only do so by being both editorially and financially independent. This means relying principally on contributions from readers and concerned citizens who have no interest other than to sustain a space for quality journalism. As a publication, The Wire will be firmly committed to the public interest and democratic values.
We publish in four different languages!
You can also follow The Wire’s social media platforms and engage with us.
Don’t forget to hit the subscribe button to never miss a video from The Wire!
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