This paper is published in Volume 3, Issue 1, 2018
Area
Pacific Rim Asian Societies
Author
Malepati Shanmukha Nath
Co-authors
Kasidid Kaewmanee
Org/Univ
Christ University, Bangalore, Karnataka, India
Pub. Date
12 January, 2018
Paper ID
V3I1-1145
Publisher
Keywords
Transparency, Corruption, Chaebols, Crony Capitalism, Confucianism, Culture. Gift-Giving Culture.

Citationsacebook

IEEE
Malepati Shanmukha Nath, Kasidid Kaewmanee. South Korea's Corruption in the Context of Chaebol's and Crony Capitalism, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARnD.com.

APA
Malepati Shanmukha Nath, Kasidid Kaewmanee (2018). South Korea's Corruption in the Context of Chaebol's and Crony Capitalism. International Journal of Advance Research, Ideas and Innovations in Technology, 3(1) www.IJARnD.com.

MLA
Malepati Shanmukha Nath, Kasidid Kaewmanee. "South Korea's Corruption in the Context of Chaebol's and Crony Capitalism." International Journal of Advance Research, Ideas and Innovations in Technology 3.1 (2018). www.IJARnD.com.

Abstract

The corruption in South Korea is a big obstacle for the democratic development of Korea. The Govt of South Korea, over years, has been struggling to abolish the corruption in their country with very limited success. The main reason of this is a weakness of public officials that they receive as a social gift rather than bribing like it’s a stereotype Corruption is associated with lobbying and there is no any prevention acts in South Korea. Different markers of corruption demonstrate that South Korea has been generally fruitful in controlling of defilement, contrasted with other Asian nations, in spite of the fact that the nation's execution is still beneath OECD norms. Specifically, the level of insignificant bureaucratic corruption is among the worst in Asia, alongside Japan, Hong Kong, and Singapore as per Transparency International's Global Corruption Barometer overviews.
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