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Looters, Rent-Scrapers, and Dividend-Collectors: Corruption and Growth in Zaire, South Korea, and the Philippines

Wedeman, Andrew

The Journal of developing areas, 1997-07, Vol.31 (4), p.457-478 [Periódico revisado por pares]

Macomb: Western Illinois University

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Título:
Looters, Rent-Scrapers, and Dividend-Collectors: Corruption and Growth in Zaire, South Korea, and the Philippines
Autor: Wedeman, Andrew
Assuntos: Bureaucracy ; Capital flight ; Capital investments ; Case studies ; Corruption ; Corruption in government ; Developing countries ; Development economics ; Economic Development ; Economic growth ; Economic growth rate ; Economic investment ; Economics ; Effects ; Government corruption ; Growth ; Informal sector ; International economics ; Korea, South ; LDCs ; Legal systems ; Looting ; Philippines ; Political corruption ; Public Officials ; Relationship ; Sharing economy ; South Korea ; Studies ; Variables ; Zaire
É parte de: The Journal of developing areas, 1997-07, Vol.31 (4), p.457-478
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Descrição: The question of whether corruption systematically reduces economic growth is considered. It is contended that the unexplained variance in growth rates among relatively corrupt cases can be explained by qualitative variations in the structure of corruption. Given a significant level of corruption, it is asserted that an economy's growth rate will be determined by: 1. how corrupt officials extract black monies, 2. what they do with corrupt monies, and 3. how corruption affects public policy. Three alternative types of corruption are proposed: 1. looting, 2. rent-scraping, and 3. dividend-collecting. Zaire, South Korea, and the Philippines are used to illustrate how differences in the structure of corruption can be linked to differences in growth rates, with Zaire as an example of looting, South Korea an example of dividend-collecting, and the Philippines an example of rent-scraping.
Editor: Macomb: Western Illinois University
Idioma: Inglês

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Looters, Rent-Scrapers, and Dividend-Collectors: Corruption and Growth in Zaire, South Korea, and the Philippines

Wedeman, Andrew

Macomb: Western Illinois University

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