World Bank says taking steps to boost research integrity after data rigging scandal

By Kitco News / October 11, 2021 / www.kitco.com / Article Link

WASHINGTON, Oct 11 (Reuters) - The World Bank will keep pushing to help developing countries improve their business climates, World Bank President David Malpass said on Monday when asked about the bank"s decision to cancel its flagship "Doing Business" reports after a series of data irregularities and claims of data manipulation.Asked how the bank would rebuild its credibility after the scandal, Malpass said strong research products remained a high priority for the bank, and said it had taken "several steps" to improve research integrity, including elevating chief economist Carmen Reinhart to a role in senior management. (Reporting by Andrea Shalal and David Lawder) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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