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9780521808170

Crony Capitalism: Corruption and Development in South Korea and the Philippines

by
  • ISBN13:

    9780521808170

  • ISBN10:

    0521808170

  • Format: Hardcover
  • Copyright: 2002-02-11
  • Publisher: Cambridge University Press

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Summary

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.

Table of Contents

List of Figures
viii
List of Tables
xi
Acknowledgments xiii
The Puzzle and the Theory
1(20)
Comparing Korea and the Philippines
21(40)
Institutions: Bureaucrats and Rulers
61(35)
Mutual Hostages in Korea
96(26)
Bandwagoning Politics in the Philippines
122(29)
Democracy in the 1980s and the Financial Crisis of 1997
151(30)
Conclusion: Corruption and Development
181(14)
Index 195

Supplemental Materials

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