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Crony capitalism : = corruption and development in South Korea and the Philippines /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Crony capitalism :/ David C. Kang.
Reminder of title:	corruption and development in South Korea and the Philippines /
Author:	Kang, David C.
Description:	1 online resource (xv, 203 pages) :digital, PDF file(s). :
Notes:	Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Subject:	Political corruption - Korea (South) -
Subject:	Korea (South) -
Online resource:	https://doi.org/10.1017/CBO9780511606175
ISBN:	9780511606175 (ebook)

Crony capitalism : = corruption and development in South Korea and the Philippines /
Kang, David C.1965-

Crony capitalism :corruption and development in South Korea and the Philippines /David C. Kang. - 1 online resource (xv, 203 pages) :digital, PDF file(s). - Cambridge studies in comparative politics. - Cambridge studies in comparative politics..

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

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.

ISBN: 9780511606175 (ebook)Subjects--Topical Terms:

1445462
Political corruption
--Korea (South)Subjects--Geographical Terms:

570677
Korea (South)

LC Class. No.: JQ1725.A55 / K36 2002

Dewey Class. No.: 320.95195

Crony capitalism : = corruption and development in South Korea and the Philippines /
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490 1 $a Cambridge studies in comparative politics
500 $a Title from publisher's bibliographic system (viewed on 05 Oct 2015).
520 $a 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.
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