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Chile slams World Bank for bias in competitiveness rankings

Reuters  |  SANTIAGO 

SANTIAGO (Reuters) - Chilean officials on Saturday criticized the World Bank, saying it treated the South American country unfairly in its closely watched annual "Doing Business" competitiveness rankings."What happened with the World Bank's competitiveness rankings is very concerning," socialist President Michelle Bachelet, whose four-year term ends in March, wrote on Twitter after the World Bank's chief economist apologized for Chile's slippage in the rankings under her tenure."Rankings that international institutions conduct should be trustworthy, since they impact investment and countries' ...

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First Published: Sun, January 14 2018. 08:46 IST