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In 2008 the World Bank Group's Independent Evaluation Group, a semi-independent watchdog within the World Bank Group, published an evaluation of the Doing Business index. [84] The report, Doing Business: An Independent Evaluation, contained both praise and criticism of Doing Business. The report recommended that the index be clearer about what ...
The World Bank-China ranking controversy refers to the alleged manipulation of China’s ranking in the World Bank’s annual Doing Business report by World Bank officials while they were negotiating a multibillion-dollar capital increase from China.
India jumped to 100th place out of 190 countries in the World Bank's 2017 ease of doing business index, from 130th in the 2016. [5] In February 2017, the government appointed the United Nations Development Programme (UNDP) and the National Productivity Council "to sensitise actual users and get their feedback on various reform measures". [ 6 ]
The World Bank plans to unveil in about two years a replacement for its flagship 'Doing Business' report on countries' business climate, that was canceled after a data-rigging scandal, the bank's ...
The World Bank noted that growth has been decelerating for years in the developing world – from a robust average of 5.9% a year in the 2000s to 5.1% in the 2010s to just 3.5% in the 2020s.
The Starting a Business Index is a sub-index of the World Bank Ease of Doing Business Index. [1] ... once a publication of the World Bank Group. The report was ...
In 2021, an independent inquiry of the World Bank's Doing Business reports by the law firm WilmerHale found that World Bank leaders, including then-Chief Executive Kristalina Georgieva and then-President Jim Yong Kim, [104] pressured staff members of the bank to alter data to inflate the rankings for China, Saudi Arabia, Azerbaijan and the ...
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.