Crony Capitalism

Corruption and Development in South Korea and the Philippines

By:

David C Kang

Format:

Hardback

Series:

Cambridge Studies in Comparative Politics

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$219.00

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Description

Why 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.

Release date NZ

January 24th, 2002

Author

David C Kang

Audiences

Professional & Vocational
Tertiary Education (US: College)

Illustrations

56 Tables, unspecified; 11 Line drawings, unspecified

Pages

222

Series

Cambridge Studies in Comparative Politics

Dimensions

152x229x16

ISBN-13

9780521808170

Product ID

2161625

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