World Bank discontinues Doing Business rankings

• Integrity Education, Delhi
• 17, Sep 2021

• The World Bank has discontinued publishing its much sought-after Doing Business ranking after an external audit unearthed undue interference from its senior staff in changing rankings of specific countries.
• Data irregularities on Doing Business 2018 and 2020 were reported internally in June 2020
• During a sensitive capital raising year of 2017, China was able to leverage its clout and pressurise World Bank top management into reversing their ranking fall, which would have otherwise fallen from 78 to 85
• Fraud by China will boost multilateral initiatives like supply chain resilience initiative to move manufacturing to India
• India’s ranking improved from 142 in 2014 to 63 in 2019