PSCI324 Lecture Notes - Lecture 5: Grater, Herbert Gintis, Park Chung-Hee
4 Apr 2015
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Document Summary
Selling political favours . two types of corruption in politics. Cronyism: citizens pay bribes to receive political favours they want to become a good friend of the population, influence buying . Clientelism: politician treats yo with resources in order to get your vote, treating the citizens as her or his client, politicians pay bribes to receive political favours, vote buying . Between two developing countries: south korea did the philippines. Different economic performance in both countries, on the surface you see very diff. cronyism, government demanded bribes from companies. Companies paid bribes out of coercion large bribes: unprofitable for companies (drove many companies out of business) Small benefit: merely protection racket (you need to pay the racket in order to avoid harm, not get any tangible benefits pay one party to avoid harm inflicted also by the party that your paying)
