The World Bank group has just given a shock announcement that will stop reporting on the Doing Business Business Environment due to scandal of data changes, affecting the ranking of China and other countries. / 3: 15 namtheo WSJ, the World Bank (WB) has just made a decision to cancel a prominent evaluation report on the business environment of countries around the world - Doing Business - after an inquiry Conclusion that the senior management board of the Bank has put pressure on forcing employees to change data affecting the ranking of China and other countries. According to WSJ, related leaders include the Director Operating the World Bank when it was Kristalina Georgieva, and is currently the Executive Director of the International Monetary Fund (IMF), and then Chairman of the World Bank Jim Yong Kim. According to Reuters, investigate Seeing "under pressure" from WB leaders, reports have been revised to increase the term of China's business environment. Then, an investigation by the company Wilmerhale Law has concluded that the leaders of the World Bank have applied "excessive pressure" to ensure changes to improve the ranking of China in the bank's "Doing Business 2018" and Other countries in the report in 2020
. Report cited "Direct and indirect pressure" from senior employees in the Office of the World Bank President at that time, Jim Yong Kim to change Methodology of the report to raise China's score. "Under pressure" from WB leaders, reports have been revised to increase the term of China's business environment. Also according to Reuters , CEO Kristalina Georgieva (currently an executive director of the IMF), and a major adviser has put pressure on forcing employees to "make specific changes to China's data points" and Increasing the ranking of China, at the moment where this bank is seeking the support of China for large capital increase
In a statement, Georgie And dismissed the accusations of the investigation and said that she met the IMF Executive Board to discuss this issue.Doing Business is a report on the business environment given to help Countries make more clear decisions and allow stakeholders to measure more accurate economic and social improvements. These studies are also a valuable tool for the private sector, civil society, Academy, journalists and others, expanding understanding of global issues. In your report, WB said, after data abnormalities in the DOING BUSINESS 2018 and 2020 report was launched in June 2020, the World Bank Leadership paused the next Doing Busness report and ended a series of articles Evaluate the report and methodology of the report. The World Bank Group stops the Doing Business report because "Chinese scandal" in addition, due to internal reports raised ethical issues, including onions VI of the former officials of the Board of Directors as well as the current and / or old employees of WB, so the Board of Directors has reported allegations with the proper internal explanation mechanisms of WB.After viewing Considering all the information available so far on Doing Business reports, including the findings of the final evaluation, auditing and the report that WB has announced, on behalf of the price board Morcha, the World Bank Group Management Board made a decision to stop DOING BUSINESS reports. The World Bank Group is committed to resolving the role of the private sector in development and support. Supporting governments to design the legal environment to support this. In the future, WB will study a new approach to evaluate the investment and business environment. River
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