World Bank economist Paul Romer quits after Chile comments

Romer's resignation, just 15 months after taking the job, was announced in an internal note that was posted by World Bank President Jim Yong Kim and seen by Reuters.

By: Reuters | Washington | Published: January 25, 2018 4:13 pm

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“Paul Romer has informed me that he is stepping down from his position as chief economist, effective immediately,” Kim said in the announcement.

Paul Romer stepped down as the World Bank’s chief economist on Wednesday after he came under fire for saying that Chile’s rankings in a closely watched “Doing Business” report may have been deliberately skewed under socialist President Michelle Bachelet.

Romer’s resignation, just 15 months after taking the job, was announced in an internal note that was posted by World Bank President Jim Yong Kim and seen by Reuters.

“Paul Romer has informed me that he is stepping down from his position as chief economist, effective immediately,” Kim said in the announcement.