(I wonder if they will have access to the underlying docs @ICIJorg have or just the public database? @DanHaberly ?). The tough nut I think is to work out what in the mass of panama papers etc.. records are indicators of dodginess and what are boring/ordinary entities
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The methodological problem is that the FSI's indicators include both signals of weak regulation & secrecy but also just hallmarks of being an international financial centre, while the ICIJ dataset includes a mix of dodgy and ordinary entities. How to find the signal in the noise?
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There will clearly be a strong relationship between hallmarks of being an international financial centre & numbers of offshore entities registered. But this is a false positive. What you are looking for is hallmarks of being a dodgy IFC & numbers of dodgy entities registered.
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Given that one of the organisations sponsoring the research
@TaxJusticeNet is also developer of the FSI tool it will be important for robustness and credibility that mechanisms are built into the research project to avoid it falling into (or being seen as falling into) promotionShow this thread -
Eg - before crunching data - it would be good to set out details of indicators on both sides - and test them with practitioners & experts "TJN finds that countries w high FSI ranking are dodgy" isn't really news, but research validated by broader testing would be
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