Corruption and Development in South Korea and the Philippines
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Crony Capitalism by David C. Kang
Book DescriptionWhy has the literature on Asian development not addressed the issue of money politics in Korea? How can we reconcile the view of an efficient developmental state in Korea before 1997 with reports of massive corruption and inefficiency in that same country in 1998 and 1999? Politics is central to the answer. In this book the author makes two arguments. First, both Korea and the Philippines experienced significant corruption throughout the post-independence era. Second, political - not economic - considerations dominated policy making in both countries. Focusing on the exchange of favors for bribes between state and business, the author argues that politics drove policy choices, that bureaucrats were not autonomous from political interference in setting policy, and that business and political elites wrestled with each other over who would reap the rents to be had. Even in Korea, corruption was far greater than the conventional wisdom allows.
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Book DetailsISBN: 9780521004084
(228mm x 152mm x 13mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 24-Jan-2002
Country of Publication: United Kingdom
Books By Author David C. Kang
Nuclear North Korea, Paperback (April 2005)
Aims to uncover the inherent logic of the politics of the Korean peninsula. The authors look at the implications of a nuclear North Korea for East Asia and US homeland security, assessing historical US policy, and provide a framework for constructive policy that should be followed by the United States, Japan, and South Korea.
Crony Capitalism, Hardback (January 2002)» View all books by David C. Kang
Why has literature on Asian development not addressed the issue of money politics in Korea?
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