{"id":31755,"date":"2018-10-29T11:07:15","date_gmt":"2018-10-29T05:37:15","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=31755"},"modified":"2018-10-29T11:07:15","modified_gmt":"2018-10-29T05:37:15","slug":"world-banks-romer-quits-after-chile-affair","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/world-banks-romer-quits-after-chile-affair\/","title":{"rendered":"World Bank\u2019s Romer quits after Chile affair\u00a0"},"content":{"rendered":"<p><strong><a href=\"http:\/\/www.thehindu.com\/business\/Economy\/world-bank-economist-paul-romer-quits-after-chile-comments\/article22522043.ece\">World Bank\u2019s Romer quits after Chile affair<\/a>\u00a0<\/strong><\/p>\n<p><strong>Context <\/strong><\/p>\n<p>Paul Romer stepped down as the World Bank\u2019s chief economist on Wednesday after he came under fire for saying that Chile\u2019s rankings in a closely watched\u00a0<em>Doing Business<\/em>\u00a0report may have been deliberately skewed under socialist President Michelle Bachelet<\/p>\n<p><strong>Global search for new chief economist<\/strong><\/p>\n<p>Mr. Jim said the World Bank would launch a global search for a new chief economist.<\/p>\n<p><strong>Controversial report<\/strong><\/p>\n<p>The annual report has long been controversial because it ranks countries based on indicators that grade them on how their government bureaucracies affect \u00ad\u2014 and often limit \u2014 their business environment<\/p>\n<p><strong>The Rankings<\/strong><\/p>\n<ul>\n<li>Chile currently ranks 55<sup>th<\/sup>\u00a0out of 190 countries on the list, down from 34 in 2014, the year Bachelet took office<\/li>\n<li>In recent years, its rankings were 41<sup>st<\/sup>\u00a0in 2015, 48<sup>th<\/sup>\u00a0in 2016 and 57<sup>th<\/sup>\u00a0in 2017, the World Bank&#8217;s reports show<\/li>\n<\/ul>\n<p><strong>Methodological changes<\/strong><\/p>\n<p>Mr. Romer told the newspaper that the decline resulted from methodological changes, rather than a deterioration of Chile&#8217;s business environment, and may have been the result of the World Bank staff\u2019s political motivations. He told the newspaper he would revise the reports<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World Bank\u2019s Romer quits after Chile affair\u00a0 Context Paul Romer stepped down as the World Bank\u2019s chief economist on Wednesday after he came under fire for saying that Chile\u2019s rankings in a closely watched\u00a0Doing Business\u00a0report may have been deliberately skewed under socialist President Michelle Bachelet Global search for new chief economist Mr. Jim said the&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/world-banks-romer-quits-after-chile-affair\/\">Continue reading <span class=\"screen-reader-text\">World Bank\u2019s Romer quits after Chile affair\u00a0<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-31755","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704664607},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/31755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=31755"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/31755\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=31755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=31755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=31755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}