Crony Capitalism: Corruption And Development In South Korea And The Philippines (cambridge Studies In Comparative Politics)
by David C. Kang /
2002 / English / PDF
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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. This study argues that
both Korea and the Philippines experienced significant corruption
throughout the post-independence era, and that political--not
economic--considerations dominated policy making in both countries.
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. This study argues that
both Korea and the Philippines experienced significant corruption
throughout the post-independence era, and that political--not
economic--considerations dominated policy making in both countries.
