| Financial secrecy, or the prearranged concealment of financial information, is one of the fastest growing sectors in the global economy.; In this thesis, we examine the economics of the financial secrecy market. In Section I, we probe the characteristics of the individuals, organizations, and countries that populate the financial secrecy market.; In Section II, we perform an economic analysis of financial secrecy that explicitly integrates the analytical tools of the new institutional economics with those of traditional neoclassical economics. First, we conduct a cost-benefit analysis. After, we perform a partial equilibrium market analysis that determines the directional adjustment of secrecy variables given a disequilibriating change in a related financial secrecy parameter. Finally, we employ the 'contractual paradigm' to establish how a myriad of transactional difficulties are attenuated through the use of contracts in the financial secrecy market. |
