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

Cambridge Studies in Comparative Politics

by David C. Kang

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.

Genres: Politics, Economics, Nonfiction

224 pages, Paperback

First published January 23, 1998

Reviews

[Helen · Rating 4 out of 5]

Is it really possible to achieve economic growth in the midst of corruption? By a comparative analysis of Korea and the Philippines, Mr. Kang clearly illustrates this possibility. If you want to know why South Korea achieved economic development while the Philippines lagged behind during the dictatorship of Park Chunghee and Ferdinand Marcos, respectively, then this book will not disappoint.

[Qiaoyun.Hu · Rating 4 out of 5]

韩国与菲律宾不同政商关系的比较研究，联系政治与经济现状，提炼出两国不同的腐败模型。