Now the folks at Doing Business are perpetuating the flimsy theory that that Russian bribes and the price of oil might move in tandem. See our rant from last week on this, which unpacks why the underlying data is so shaky.
Grr….this is especially annoying coming from the IFC, whose Doing Business survey is among the best data out there. Can’t we all do better than this??
UPDATE: DB has apparently removed the oil/corruption post.
— Nathaniel Heller