The admission by World Bank Chief Economist Paul Romer that the drop in Chile’s ranking in its annual Doing Business survey in recent years is due almost entirely to changes in how the survey is constructed, rather than a fundamental deterioration in the country’s business environment, has triggered a strong backlash from policymakers. The economy minister has linked the fall in the country’s ranking to the collapse in investment in recent years, but we think that other factors have played a greater role.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services