Crony capitalism : corruption and development in South Korea and the Philippines /
"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...
| Основен автор: | Kang, David C. 1965- |
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| Формат: | Електронна книга |
| Език: | English |
| Публикувано: |
Cambridge ; New York :
Cambridge University Press,
2002.
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| Серия: |
Cambridge studies in comparative politics.
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| Предмети: | |
| Онлайн достъп: |
http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=112610 |
| Подобни документи: |
Print version::
Crony capitalism. |
| Резюме: |
"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 Kang makes two arguments. First, political - not economic - considerations dominated policy making in both Korea and the Philippines. Second, if there is a balance of power among a small and stable set of government and business elites, money politics can actually reduce transaction costs and promote growth. Focusing on the exchange of favors for bribes between state and business, Kang 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 - so rampant was corruption that we cannot dismiss it; rather, we need to explain it."--Jacket. |
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| Физически характеристики: |
1 online resource (xv, 203 pages) : illustrations. |
| Библиография: |
Includes bibliographical references and index. |
| ISBN: |
0511041918 9780511041914 0521808170 9780521808170 052100408X 9780521004084 9780511606175 0511606176 9780511044557 0511044550 0511156782 9780511156786 |