Fighting Corruption in Asia: Causes, Effects, and Remedies

John Kidd · Frank-Jrgen Richter

Jan 2003 · World Scientific

About this ebook

Fundamental changes within economies are needed to create arm''s-length relations between governments, corporations, and banks. We are taking risks when investing in the future, and risk-taking demands openness and truthfulness from the agents we employ. If investors and accountants can concur on the degree of disclosure that is morally right we may come to some global agreement on what constitutes corruption OCo but to do this we have to bring together those who advocate profit-making with those who see this as usury; and we have to care for the future in novel ways OCo unknown in the past OCo so as to allow firms to be locally inefficient (apparently) while preserving the environment. This book looks widely at the prevailing situation in Asia and considers how little some governments are doing to guide their institutions towards probity and transparency. While fundamental changes are needed around the globe, it is in the developing nations that there is scope for radical change in the near future, as their institutions are re-created to meet the modern world. Once developed and functioning their managers will have the opportunity to facilitate and re-direct the institutions in the developed world, which happen to be more conservative than their own. Contents: The OECD Convention and Asia (E Quinones); The Asian Money Laundering Explosion (P Lilley); Corruption in Context (L Palmier); Monopoly Rights and Wrongs: Two Forms of Intellectual Property Rights Violations in Asia (H-B Cheah); Culture and Level of Industrialization as Determinants of Corruption in Asia (D Sculli); The Economy of Seepage and Leakage in Asia: The Most Dangerous Issue (G Etienne); Combating Corruption in Southeast Asia (C Wescott); The Nature of Corruption Hidden Culture: The Case of Korea (Y-L Moon & G N McLean); Comparative Study of Anti-Corruption Systems, Efforts and Strategies in Asian Countries: Focusing on Hong Kong, Singapore, Malaysia, and Korea (T Kim); and other papers. Readership: Final-year undergraduates, master''s and MBA students in ethics and social science; researchers on Asian topics, managers and policy-makers."