Fantastic article by @jasonhickel about how #ilicitfinancialflows may be the biggest problem facing global south. http://www.aljazeera.com/indepth/opinion/2014/01/flipping-corruption-myth-201412094213280135.html …
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@MForstater@jasonhickel pure tax avoidance IS only part of the $947bn-albeit the biggest part.
@BrianLe_Blanc GFI’s methodology unable to distinguish between the different sources of trade mispricing - how do you know?
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@MForstater@jasonhickel GFI's@Raymond_Baker estimated ~65% is commercial tax evasion by multinationals for his book. ~30%drug trafficking -
@BrianLe_Blanc No he doesn’t! Book estimates 65% ‘commercial’ not = “tax avoidance” or “MNCs” - says no study done on intra-co transactions - 2 more replies
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