(Adds comment from Ashmore Group, Russia)
By Tom Arnold and Marc Jones
LONDON, Sept 17 (Reuters) – Some investors and campaigners expressed dismay on Friday at revelations that World Bank leaders pressured staff to boost China’s score in an influential report that ranks countries on how easy it is to do business there.
They also said the World Bank’s subsequent discontinuation of the “Doing Business” series of annual reports could make it harder for investors to assess where to put their money.
“The more I think about this, the worse it looks,” said Tim Ash at BlueBay Asset Management, adding that the reports published since 2003 had become important for banks and businesses around the world.
“Any quantitative model of country risk has built this into ratings. Money and investments are allocated on the back of this series.”
An investigation by law firm WilmerHale https://www.reuters.com/business/sustainable-business/world-bank-kills-business-climate-report-after-ethics-probe-cites-undue-pressure-2021-09-16, at the request of the
With our best-selling course Begin-a-Enterprise one zero one. Search engines want to present the very best service for their customers. This implies delivering outcomes on the search engine pages that aren’t solely top quality but in addition related to what the searcher is on the lookout for. Begin-a-Business 101 is just open for a limited time. That is another good instance of a enterprise with booming demand that you could begin with very little money and no enterprise experience.