Chile demands answers in WB ease of doing business ranking controversy

While Chile's rank in the WEF's global competitiveness report has hovered between 33 and 35 in the past 5 years, its 'Doing Business' position has been more volatile

Chilean President Michelle Bachelet demanded an investigation into a World Bank report after the bank's chief economist said its global rankings on the ease of doing business in different countries may have been manipulated for political reasons.  

The World Bank's Paul Romer told the Wall Street Journal that Chile's recent decline in the annual "Doing Business" rankings was almost entirely due to methodological changes that could have been politically motivated, and that it wasn't driven by an actual deterioration in the South American nation's business environment.

"Given the seriousness of what happened, as a government, we will formally request a full