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Crony Capitalism: Corruption and Development in South Korea and the Philippines
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Crony Capitalism: Corruption and Development in South Korea and the Philippines Paperback - 2002

by David C. Kang


From the publisher

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.

First line

"When the Hanbo Steel Company of South Korea went bankrupt in early 1997, an inquest discovered that at least two billion dollars had evaporated from its accounts, most likely ending up in the pockets of political or business elites."

Details

  • Title Crony Capitalism: Corruption and Development in South Korea and the Philippines
  • Author David C. Kang
  • Binding Paperback
  • Edition [ Edition: repri
  • Pages 224
  • Volumes 1
  • Language ENG
  • Publisher Cambridge University Press
  • Date 2002-01-24
  • ISBN 9780521004084 / 052100408X
  • Weight 0.75 lbs (0.34 kg)
  • Dimensions 8.9 x 5.9 x 0.6 in (22.61 x 14.99 x 1.52 cm)
  • Reading level 1500
  • Themes
    • Cultural Region: East Asian
  • Library of Congress subjects Political corruption - Philippines, Philippines - Economic policy
  • Library of Congress Catalog Number 2001025806
  • Dewey Decimal Code 320.951

Media reviews

Citations

  • Choice, 02/01/2003, Page 1053
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Crony Capitalism: Corruption and Development in South Korea and the Philippines (Cambridge...
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Crony Capitalism: Corruption and Development in South Korea and the Philippines (Cambridge Studies in Comparative Politics)

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