TITLE:
Model of the International Financial Grid and the Panama Papers
AUTHORS:
Frederick Betz
KEYWORDS:
Financial Grid, Financial Markets, International Capital Flows, Tax Evasion
JOURNAL NAME:
Theoretical Economics Letters,
Vol.7 No.4,
June
13,
2017
ABSTRACT: One of the advantages of empirically-grounded theory
is to provide a deeper understanding of natural events. This is true both of
the physical and social sciences, and especially of economic theory. We examine
an empirical event in economics in 2016, called the “Panama Papers”. Reports on the event
provide material for an empirical case study about the international financial
grid, focused upon the use of dummy corporations in “dark money” international-capital-flows.
We analyze the case though a topological model of the international financial
grid.