The corruption structure and economic freedom in East Asia

Gu-Ho Eom

Global Economic Review, 1998, vol. 27, issue 3, 45-64

Abstract: In contrast to the existing theories supporting the idea that authoritarian form of government has accelerated the process of economic development in the East Asian countries, the author asserts that corruption became inevitable under such type of government, which ended up impeding free market flow and bringing the economic crisis they are currently suffering from. Therefore, he argues that too much of government control and regulations must be avoided to stimulate the markets and revitalize their economies overall.

Date: 1998
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DOI: 10.1080/12265089808449740

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