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Crony capitalism

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3906:, which in the state empowered private parties to carry out activities thought to serve the public interest. The standard reward for such an undertaking was a monopoly—just what Chancellor Livingston sought when he offered to meet a most pressing public need, the need for steamboats...Livingston maneuvered...the monopoly through the legislature ("a veritable model of state munificence," as legal scholar Maurice G. Baxter writes—that gave him the right to seize steamboats the entered New York waters from other states. But Livingston had overreached. With so many inventors and investors interested in the steamboat, the monopoly on served to limit its adoption. The new technology was simply too important for the monopoly to remain unchallenged. 4316:
the problems according to IMF and US Treasury Department officials. The fact that the afflicted economies had been held up as paragons of virtue and IMF/World Bank success stories only a year before, the fact that neoliberalism's only success story had been the Newly Industrialized Countries (NIC's) who were now in the tank, and the fact that the IMF and Treasury department story just didn't fit the facts since the afflicted economies were no more rife with crony capitalism, lack of transparency, and weak-willed politicians than dozens of other economies untouched by the Asian financial crisis, simply did not matter.
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impede practically all business activity, but in practice they are only erratically enforced. The specter of having such laws suddenly brought down upon a business provides an incentive to stay in the good graces of political officials. Troublesome rivals who have overstepped their bounds can have these laws suddenly enforced against them, leading to fines or even jail time. Even in high-income democracies with well-established legal systems and freedom of the press in place, a larger state is generally associated with increased political corruption.
2474: 2335:, but often the process is more subtle, such as expanding training and certification exams to make it more expensive for new entrants to enter a market and thereby limiting potential competition. In technological fields, there may evolve a system whereby new entrants may be accused of infringing on patents that the established competitors never assert against each other. In spite of this, some competitors may succeed when the legal 181: 2638:
threats to those who improved and applied existing inventions, whether from business competitors, labor, or the government itself. In other European countries, by contrast, the merchant guilds ... were a pervasive source of veto for many centuries. This power was typically bestowed upon them by government." Vermon further stated that "a steam powered horseless carriage produced in France in 1769 was officially suppressed."
1205: 79: 2497:. However, the members of an industry have a very strong interest in the actions of that regulatory body while the rest of the citizenry are only lightly affected. As a result, it is not uncommon for current industry players to gain control of the watchdog and to use it against competitors. This typically takes the form of making it very expensive for a new entrant to enter the market. An 1217: 2680: 38: 2331:) to the government in requesting subsidies or aid or regulation. For instance, newcomers to a market then need to surmount significant barriers to entry in seeking loans, acquiring shelf space, or receiving official sanction. Some such systems are very formalized, such as sports leagues and the Medallion System of the 2623:. As government and business leaders try to accomplish various things, they naturally turn to other powerful people for support in their endeavors. These people form hubs in the network. In a developing country those hubs may be very few, thus concentrating economic and political power in a small interlocking group. 4315:
IMF officials Michel Camdessus and Stanley Fischer were quick to explain that the afflicted economies had only themselves to blame. Crony capitalism, lack of transparency, accounting procedures not up to international standards, and weak-kneed politicians too quick to spend and too afraid to tax were
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A national treasure, once No. 1 in commercial aviation, Boeing has become a risk-averse company stumbling to compete in the marketplace and dependent on political connections and chicanery to get government contracts. Boeing needs a strong board and a rejuvenated corporate culture based on innovation
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While the problem is generally accepted across the political spectrum, ideology shades the view of the problem's causes and therefore its solutions. Political views mostly fall into two camps which might be called the socialist and capitalist critique. The socialist position is that crony capitalism
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are light. The term crony capitalism is generally used when these practices either come to dominate the economy as a whole, or come to dominate the most valuable industries in an economy. Intentionally ambiguous laws and regulations are common in such systems. Taken strictly, such laws would greatly
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and innovative practices which seek to reward risk are stifled since the value-added is little by crony businesses, as hardly anything of significant value is created by them, with transactions taking the form of trading. Crony capitalism spills over into the government, the politics, and the media,
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began in Great Britain because they were the first to successfully limit the power of veto groups (typically cronies of those with power in government) to block innovations, writing: "Unlike most other national environments, the British environment of the early 19th century contained relatively few
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Crony capitalism exists along a continuum. In its lightest form, crony capitalism consists of collusion among market players which is officially tolerated or encouraged by the government. While perhaps lightly competing against each other, they will present a unified front (sometimes called a trade
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More direct government involvement in a specific sector can also lead to specific areas of crony capitalism, even if the economy as a whole may be competitive. This is most common in natural resource sectors through the granting of mining or drilling concessions, but it is also possible through a
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such as Indonesia, South Korea and Thailand. In these cases, the term was used to point out how family members of the ruling leaders become extremely wealthy with no non-political justification. Southeast Asian nations, such as Hong Kong and Malaysia, still score very poorly in rankings measuring
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a fight over a new competitor to the District's (often horrible) taxi service offers something I haven't seen in a while. Not routine retail-level corruption, nor skillful top-level favor trading, but instead what appears to be a blatant attempt to legislate favors for one set of interests by
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observed that, in Vietnam during the 2010s, the primary beneficiaries of cronyism were Communist party officials, noting also the "common practice of employing only party members and their family members and associates to government jobs or to jobs in state-owned enterprises."
2205:, or other undue influence from businesses over the state's deployment of public goods, for example, mining concessions for primary commodities or contracts for public works. In other words, it is used to describe a situation where businesses thrive not as a result of 2436:. It was a private company, but its largest stockholder was the federal government which owned 20%. It was an early bank regulator and grew to be one being the most powerful organizations in the country due largely to being the depository of the government's revenue. 2832:
Even if the initial regulation was well-intentioned (to curb actual abuses) and even if the initial lobbying by corporations was well-intentioned (to reduce illogical regulations), the mixture of business and government stifles competition, a collusive result called
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Which are more likely to be hampered by vigorous regulatory standards: entrenched corporations with their overstaffed legal and accounting departments or small startups trying to get off the ground? Regulation can kill competition—and incumbents like it that
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The truth is that we don't have a free market—government regulation and management are pervasive—so it's misleading to say that "capitalism" caused today's problems. The free market is innocent. But it's fair to say that crony capitalism created the economic
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Property requirements for suffrage under New York's constitution of 1777 hardened the culture of rank into law. Two distinct levels of wealth were required to vote, one for state assembly, and a second and higher level for the state senators and governor...
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some financiers have chosen to live in a government-backed featherbed. Their platform seems to be socialism for tycoons and capitalism for the rest of us...featherbedding by both unions and tycoons...are impediments to a well-functioning market
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distinguishes those that engage in crony capitalism—designated by him political entrepreneurs—from those who compete in the marketplace without special aid from government, whom he calls market entrepreneurs. The market entrepreneurs such as
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said, is "not the capitalism of free men and free markets." In general, she's right. But...her terminology...is dead wrong. The fact is that there is no such thing as "crony capitalism." In reality, it is corporatism, a modern form of
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has argued that the word crony is superfluous when describing capitalism. Since businesses make money and money leads to political power, business will inevitably use their power to influence governments. Much of the impetus behind
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Focused only on explaining successful outcomes, the conventional model provided no analytic way to explain the 1997 crisis. Countries previously regarded as miracles now were nothing more than havens for crony capitalists (p.
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from European governments) has stated Boeing receives similar subsidies which are hidden as inefficient defense contracts. Other American defense companies were put under scrutiny for no-bid contracts for
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Normally, this will be untenable to maintain in business as new entrants will affect the market. However, if business and government are entwined, then the government can maintain the small-hub network.
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is the inevitable result of any strictly capitalist system and thus broadly democratic government must regulate economic, or wealthy, interests to restrict monopoly. The capitalist position is that
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calculated via how much economic activity occurs in industries prone to cronyism. Its 2014 Crony Capitalism Index ranking listed Hong Kong, Russia and Malaysia in the top three spots.
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Corrupt governments may favor one set of business owners who have close ties to the government over others. This may also be done with, religious, or ethnic favoritism. For instance,
2161: 5816: 5674: 5633: 2656:, where crony capitalism creates oligarchies that slow down growth. If the debate during the elections is any pointer, this is a very real concern of the public in India today". 5615: 4264: 4530: 4403: 3541: 3278: 2666:, has disagreed. According to Singh, India's corporate success is not a product of crony capitalism, but because India is no longer under the influence of crony socialism. 2588:
In its worst form, crony capitalism can devolve into simple corruption where any pretense of a free market is dispensed with, bribes to government officials are considered
1435: 3819: 3773: 3591: 3417:"Small is beautiful, at least in high-income democracies: the distribution of policy-making responsibility, electoral accountability, and incentives for rent extraction" 4788:
Singh, Ajit; Zammit, Ann (2006). "Corporate Governance, Crony Capitalism and Economic Crises: Should the US business model replace the Asian way of 'doing business'?".
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movement should push for their repeal and thus end the influence of the super wealthy in the political process which he considers a manifestation of crony capitalism.
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and lobbyists in Washington are described by critics as more important than actual competition due to the political and secretive nature of defense contracts. In the
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where the government agencies in charge of regulating an industry come to be controlled by that industry. Governments will often establish in good faith
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in railroads were men who used the power of government to succeed. They tried to gain subsidies or in some way use government to stop competitors.
5744: 5609: 4068: 2604:(rule by theft). Kenyan economist David Ndii has repeatedly brought to light how this system has manifested over time, occasioned by the reign of 3511: 4466: 5832: 5749: 3687: 5696: 5638: 5567: 3894: 3254: 2825:", to emphasize that the only way to run a profitable business in such a system is to have help from corrupt government officials. Likewise, 2506: 2147: 1862: 1375: 4041: 3805: 3310: 5915: 5910: 5691: 5621: 5152: 1807: 5837: 5732: 5726: 4093: 2537: 1365: 5562: 4610: 3324: 1370: 4272: 5738: 5662: 2502: 1380: 742: 243: 225: 162: 96: 65: 51: 4298: 3391:"Frequently Asked Questions about Taxi Medallion Lending and the NCUA's Supervision and Response to the Medallion Market Collapse" 5930: 5920: 5827: 4534: 4501: 4407: 4329: 3274: 2433: 2361: 1977: 1822: 1240: 5940: 2536:
The defense industry in the United States is often described as an example of crony capitalism in an industry. Connections with
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Hughes, Sallie; Lawson, Chappell H. (2004). "Propaganda and Crony Capitalism: Partisan Bias in Mexican Television News".
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The author, Burton Folsom, divides the entrepreneurs into two groups: market entrepreneurs and political entrepreneurs.
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throughout their history, including the United Kingdom especially in the 1600s and 1700s, the United States and Japan.
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are rare, therefore governmental regulations generally abet established wealthy interests by restricting competition.
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Kahn, J. S.; Formosa, F. (2002). "The Problem of 'Crony Capitalism': Modernity and the Encounter with the Perverse".
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can only boost economies in the short run and at high cost. It breaks down in the long run (Lindsey and Lukas 1998).
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governments. Similar references to crony capitalism have been made to other countries such as Argentina and Greece.
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succeeded by producing a quality product at a competitive price. For example, the political entrepreneurs such as
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argues that "all official economic measures adopted since 1981 ... have devastated the middle class" and that the
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often assert that so-called crony capitalism is simply the inevitable result of any strictly capitalist system.
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in Russia. Other states to which the term has been applied include India, in particular the system after the
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Aligica, Paul Dragos; Tarko, Vlad (2014). "Crony Capitalism: Rent Seeking, Institutions and Ideology".
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Rosas, Guillermo (2006). "Bagehot or Bailout? An Analysis of Government Responses to Banking Crises".
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began experimenting with steam in 1763, got a patent in 1769 and began commercial production in 1775.
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overturned a New York State-granted monopoly ("a veritable model of state munificence" facilitated by
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The first extensive use of the term "crony capitalism" came about in the 1980s, to characterize the
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and in other countries is an attempt to prevent economic power being used to take political power.
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Khatri, Naresh; Tsang, Eric W K; Begley, Thomas M (2005). "Cronyism: A cross-cultural analysis".
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It is also used to describe governmental decisions favoring cronies of governmental officials.
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Supporters of capitalism also generally oppose crony capitalism. Further, supporters such as
2513:. Leveraging the Supreme Court's establishment of Congressional supremacy over commerce, the 5970: 5842: 5552: 5523: 5340: 5330: 5310: 5105: 5061: 5032: 5003: 4980: 4942: 4913: 4884: 4851: 4840:"Ownership and Control Structures in Transition to 'Crony' Capitalism: The Case of Bulgaria" 4826: 4797: 4739: 4710: 4681: 4653: 4371: 3442: 3162: 3141:
The Discovery that Business Corrupts Politics: A Reappraisal of the Origins of Progressivism
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Japan's dismal performance in the 1990s and the East Asian collapses of 1997 indicate that
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The term crony capitalism made a significant impact in the public as an explanation of the
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became examples of crony capitalism as government backing let Fannie and Freddie dominate
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himself is an Alawite). This can be explained by considering personal relationships as a
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Ip, Po-Keung (2007). "Corporate Social Responsibility and Crony Capitalism in Taiwan".
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policy and more fundamentally their perception of the weaknesses of market allocation.
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in Syria have a disproportionate share of power in the government and business there (
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Johnson, Chalmers (1998). "Economic crisis in East Asia: The clash of capitalisms".
4759: 4629:"Domestic Crony Capitalism and International Fickle Capital: Is There a Connection?" 4628: 5518: 5470: 5465: 5425: 5325: 5295: 5246: 4855: 4809: 4526: 4485: 4399: 4294: 3903: 3329: 2948: 2923: 2822: 2766: 2744: 2530: 2291: 2270: 2221: 1086: 1026: 953: 737: 512: 422: 5065: 4224: 3621: 3592:"The countries where politically connected businessmen are most likely to prosper" 2237:
when this nexus distorts the economy and affects society to an extent it corrupts
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said that mercantilism "is also known as 'crony' or 'noninclusive' capitalism".
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A Capitalism for the People: Recapturing the Lost Genius of American Prosperity
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A Capitalism for the People: Recapturing the Lost Genius of American Prosperity
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Crony Capitalism: Corruption and Development in South Korea and the Philippines
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Capitalism featuring undue alliances between business interests and politicians
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Kang, David C. (2003). "Transaction Costs and Crony Capitalism in East Asia".
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consider it an aberration brought on by governmental favors incompatible with
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had concluded that the latter course had become deeply embedded in China. The
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described it as a natural consequence of collusion between those managing
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The term crony capitalism was initially applied to states involved in the
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is common. This is seen in many parts of Africa and is sometimes called
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or crony capitalism. A dozen years later, prominent political scientist
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Commission for the Prevention of Corruption of the Republic of Slovenia
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profit from a close relationship with state power, either through an
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Khatri, Naresh (2013). Anatomy of Indian Brand of Crony Capitalism.
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Vaugirard, Victor (2005). "Crony Capitalism and Sovereign Default".
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magazine article in 1980, and activist (and later Finance Minister)
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efforts. Critics claim this was instrumental in the passage of the
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magazine business editor George M. Taber, who used the term in a
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Enderwick, Peter (2005). "What's Bad About Crony Capitalism?".
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was established in 1887 with the intent of regulating railroad
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Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
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The term is used largely interchangeably with the related term
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capitalism include obtainment of permits, government grants,
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James, Harold (2008). "Family Values or Crony Capitalism?".
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China's Crony Capitalism : The Dynamics of Regime Decay
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this. It was also used in this context as part of a broader
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Wealth is then accumulated not merely by making a profit in
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related contracts purportedly due to having cronies in the
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Special Investigation Service of the Republic of Lithuania
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Economic History of the Philippines under Ferdinand Marcos
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Many prosperous nations have also had varying amounts of
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International Association of Anti-Corruption Authorities
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Syrian Businessman Becomes Magnet for Anger and Dissent
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The First Tycoon: The Epic Life of Cornelius Vanderbilt
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Governance and Economic Management Assistance Program
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Independent Commission Against Corruption (Hong Kong)
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Vernon, Raymond (1989), "Technological Development",
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Anti-corruption and Economic Malpractice Observatory
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Citizen's Charter and Grievance Redressal Bill 2011
5807: 5798: 5591: 5545: 5536: 5491: 5393: 5234: 5225: 5204: 5168: 3275:"Crony capital: How Duterte embraced the oligarchs" 2564:Gerald P. O'Driscoll, former vice president at the 2368:scam and cheap allocation of land and resources to 2290:, although the latter is by definition specific to 103:. Unsourced material may be challenged and removed. 4531:"Let's Take the "Crony" Out of "Crony Capitalism"" 4404:"Let's Take the "Crony" Out of "Crony Capitalism"" 3795: 3300: 3242: 2813:prefers to equate this problem with terms such as 2356:. The term has also been applied to the system of 5125:http://mpra.ub.uni-muenchen.de/19626/1/WP0802.pdf 5096:Mukherjee, Conan (2019). "On crony capitalism". 3586: 3584: 3153:Mukherjee, Conan (2019). "On crony capitalism". 3071:Mukherjee, Conan (2019). "On crony capitalism". 2499:1824 landmark United States Supreme Court ruling 4175:"No crony capitalism in India – Indian Express" 2991: 2989: 2987: 2985: 5785:Central Steering Committee for Anti-Corruption 5652:Fiji Independent Commission Against Corruption 5583:UNCAC Coalition of Civil Society Organisations 4032:O'Driscoll Jr, Gerald P. (September 9, 2008). 3203:National Graduate Institute for Policy Studies 2310:at a breakfast meeting with business magnates 5146: 4790:Corporate Governance: An International Review 4463:"There's No Such Thing as "Crony Capitalism"" 3302:"Remove the taint of cronyism in South Korea" 2432:Crony capitalism in finance was found in the 2155: 1241: 188:The examples and perspective in this article 8: 5888:United Nations Convention against Corruption 5868:Inter-American Convention Against Corruption 4200:"Uber Driving Down Price of Taxi Medallions" 2750:campaign finance reform in the United States 1386:United Nations Convention against Corruption 5926:Movement for Peace with Justice and Dignity 5761:Anti-Corruption and Civil Rights Commission 5605:Australian Criminal Intelligence Commission 3325:"Uber vs. Washington, D.C.: This Is Insane" 2509:) for the then-revolutionary technology of 2495:government agencies to regulate an industry 66:Learn how and when to remove these messages 5804: 5773:National Anti-Corruption Bureau of Ukraine 5669:Corruption Prevention and Combating Bureau 5542: 5231: 5153: 5139: 5131: 3970:and competitiveness, not crony capitalism. 3510:Steven G Calabresi; Larissa Price (2012). 3188: 3186: 3184: 2162: 2148: 1399: 1259: 1248: 1234: 255: 5054:Journal of International Business Studies 4984: 4647: 4227:from Chomsky.info. Retrieved June 5, 2009 3249:. Cambridge: Cambridge University Press. 3125: 2398:anti-corruption campaign under Xi Jinping 2251:Philippine economy under the dictatorship 244:Learn how and when to remove this message 226:Learn how and when to remove this message 163:Learn how and when to remove this message 5703:Independent Corrupt Practices Commission 4362:Nicholas D. Kristof (October 26, 2011). 3856:. New York: Basic Books. pp. 50–52. 3729:"The road ahead for capitalism in China" 3618:"Govt Patronises Crony Capitalism Again" 2241:economic, political, and social ideals. 5745:Sierra Leone Anti-corruption Commission 5610:Anti-Corruption Commission (Bangladesh) 4500:de Soto, Hernando (November 27, 2016). 3808:from the original on December 12, 2022. 3784:from the original on December 13, 2017. 3429:Kim, Byung-Kook; Im, Hyug-Baeg (2001). 3313:from the original on December 10, 2022. 2981: 2920:(concept in Indian political-economics) 2191:anti-competitive regulatory environment 2113: 2052: 2011: 1985: 1784: 1573: 1402: 1393: 1355: 1269: 1262: 267: 5833:Freedom of information laws by country 5750:Corrupt Practices Investigation Bureau 3217:"Heroes and Martyrs: ONGPIN, Jaime V." 2727:Critics of crony capitalism including 5697:Anti-Corruption Commission of Myanmar 5639:Commission Against Corruption (Macau) 5568:International Anti-Corruption Academy 4906:American Journal of Political Science 4667:from the original on October 9, 2022. 3281:from the original on December 4, 2019 2858:in steamships and the leaders of the 2193:, direct government largesse, and/or 1376:International Anti-Corruption Academy 7: 5916:2012 Indian anti-corruption movement 5911:2011 Indian anti-corruption movement 5692:Malaysian Anti-Corruption Commission 5622:National Anti-Corruption Observatory 4067:Daniel Matamala (October 22, 2019). 3841:. New York: Basic Books. p. 50. 3643:Khetan, Ashish (February 12, 2017). 3356:Rosenthal, Brian M. (May 19, 2019). 101:adding citations to reliable sources 5838:The Lokpal and Lokayuktas Act, 2013 5733:National Anticorruption Directorate 5727:Anti-Corruption General Directorate 3955:. December 15, 2003. Archived from 1366:International Anti-Corruption Court 5563:Group of States Against Corruption 4771:. Ajay Shah's Blog. Archived from 4328:Rodrik, Dani (November 14, 2017). 3947:"Pulling Boeing Out of a Tailspin" 2544:, Airbus (which receives outright 2322:, dominates South Korea's economy. 1371:Group of States Against Corruption 25: 5739:Investigative Committee of Russia 5090:https://ssrn.com/abstract=2335201 4769:"Indian capitalism is not doomed" 3688:"The Scourge of Crony Capitalism" 2481:as giant money bags looming over 2185:to describe a situation in which 1381:International Anti-Corruption Day 47:This article has multiple issues. 5931:Russian anti-corruption campaign 5921:Anti-austerity movement in Spain 5828:Foreign Extortion Prevention Act 4918:10.1111/j.1540-5907.2006.00177.x 4802:10.1111/j.1467-8683.2006.00504.x 4767:Shah, Ajay (September 7, 2012). 4263:Batra, Ravi (October 11, 2011). 4034:"Fannie/Freddie Bailout Baloney" 4004:Three companies—the Shaw Group, 3484:Vines, Stephen (April 1, 2014). 2678: 2434:Second Bank of the United States 2420:benchmarks countries based on a 1436:Democratic Republic of the Congo 1215: 1203: 179: 77: 36: 5767:Servicio de Vigilancia Aduanera 5628:National Supervisory Commission 4877:Asian Business & Management 3918:Lee, Timothy (August 3, 2006). 3620:. June 19, 2011. Archived from 2821:, considered "a modern form of 2181:, is a pejorative term used in 2177:, sometimes also called simply 88:needs additional citations for 55:or discuss these issues on the 5715:Investigation Task Force Sweep 5709:National Accountability Bureau 5181:Corruption in local government 5169:Corruption in different fields 4856:10.1080/00128775.2002.11041031 4819:Cambridge Journal of Economics 4732:Latin American Research Review 4434:"The Rise Of Crony Capitalism" 4131:Vernon (1989, p. 8); see also 4098:The Harvard University Gazette 3984:"Katrina and Power in America" 3201:. Roppongi, Minato-ku, Tokyo: 2765:Socialist economists, such as 2566:Federal Reserve Bank of Dallas 2515:Interstate Commerce Commission 2220:, but through profiteering by 1: 5823:Foreign Corrupt Practices Act 5721:Central Anticorruption Bureau 5066:10.1057/palgrave.jibs.8400171 4364:"Crony Capitalism Comes Home" 3435:Journal of East Asian Studies 3195:"What is 'Crony Capitalism'?" 3113:Supreme Court Economic Review 2465:Lobbying in the United States 1007:Critique of political economy 665:Critique of political economy 5883:OECD Anti-Bribery Convention 5873:International asset recovery 5657:Central Vigilance Commission 5212:Corruption Perceptions Index 4889:10.1057/palgrave.abm.9200126 3982:Dreier, Peter (March 2006). 3710:"Keeping an eye on business" 3532:Helen Hughes (Spring 1999). 3415:Hamilton, Alexander (2013). 2903:Government-owned corporation 2873:Actually existing capitalism 2477:"The Bosses of the Senate", 1057:Periodizations of capitalism 5941:2017–2019 Romanian protests 4947:10.1177/0725513602069001004 4565:"Myth of the Robber Barons" 4094:"Raymond Vernon Dies at 85" 3762:. Harvard University Press. 2913:Iron triangle (US politics) 2888:Cronies of Ferdinand Marcos 2689:may have misleading content 2469:Military–industrial complex 2443:in 1999 completely removed 2345:1997 Asian financial crisis 753:Simple commodity production 202:, discuss the issue on the 6012: 5946:2017–2018 Russian protests 5578:Transparency International 5553:Global Financial Integrity 5110:10.1007/s40622-019-00202-z 4844:Eastern European Economics 4703:Journal of Business Ethics 3727:Jinglian, Wu (June 2006). 3167:10.1007/s40622-019-00202-z 3085:10.1007/s40622-019-00202-z 2462: 1062:Perspectives on capitalism 5906:2011 Azerbaijani protests 5383:Offshore financial centre 5186:Interest group corruption 5008:10.1007/s11079-005-5333-0 4715:10.1007/s10551-007-9385-5 4479:This "crony capitalism," 3670:"Peronism and its perils" 3447:10.1017/S1598240800000230 2809:Conservative commentator 2648:, former governor of the 2542:Airbus-Boeing WTO dispute 2459:In sections of an economy 2333:taxicabs of New York City 5848:Whistleblower protection 5336:Cryptocurrency and crime 4006:Kellogg Brown & Root 3852:Zingales, Luigi (2012). 3837:Zingales, Luigi (2012). 3490:South China Morning Post 2908:Inverted totalitarianism 333:Economic interventionism 5217:Economics of corruption 4986:10.1525/ctx.2003.2.3.34 4658:10.1111/1468-2362.00064 4627:Wei, Shang-Jin (2001). 4506:The Wall Street Journal 3774:"Robber barons, beware" 3241:Kang, David C. (2002). 3106:Rubin, Paul H. (2016). 2584:In developing economies 2306:South Korean President 1288:Economics of corruption 1002:Criticism of capitalism 5981:Management cybernetics 5843:UK Bribery Act of 2010 5599:Oficina AnticorrupciĂłn 5348:Noble cause corruption 5205:Measures of corruption 5037:10.2202/1932-0213.1031 5025:Capitalism and Society 4044:on September 13, 2008. 3952:Bloomberg BusinessWeek 3733:The McKinsey Quarterly 3220:Bantayog ng mga Bayani 3199:Emerging State Project 2860:Union Pacific Railroad 2485: 2441:Gramm–Leach–Bliley Act 2422:crony-capitalism index 2411:Crony capitalism index 2323: 2278:Asian financial crisis 1808:Bosnia and Herzegovina 1032:Exploitation of labour 743:Primitive accumulation 5991:Political terminology 5573:Mo Ibrahim Foundation 5353:Professional courtesy 5316:Honest services fraud 4996:Open Economies Review 4838:Peev, Evgeni (2002). 4744:10.1353/lar.2004.0050 4636:International Finance 4305:on September 10, 2006 4242:www.brennancenter.org 3885:Styles, T.J. (2009). 3804:. November 18, 2016. 3571:"Having it both ways" 3344:hamstringing another. 3001:"A Nation of Takers?" 2650:Reserve Bank of India 2635:Industrial Revolution 2578:mortgage underwriting 2476: 2352:critique of economic 2305: 2197:. Examples given for 1394:Corruption by country 1343:State-corporate crime 1323:Pyrrhic defeat theory 1210:Capitalism portal 1022:Culture of capitalism 977:Capitalist propaganda 733:Industrial Revolution 723:Commercial Revolution 5996:Public choice theory 5986:Political corruption 5537:Institutions dealing 5271:Conflict of interest 5196:Political corruption 4870:on January 28, 2013. 4831:10.1093/cje/22.6.653 4674:Comparative Politics 4571:on November 28, 2011 3920:"Entangling the Web" 3780:. October 24, 2015. 3758:Pei, Minxin (2016). 3309:. February 6, 2018. 2848:Cornelius Vanderbilt 2839:Burton W. Folsom Jr. 2670:Political viewpoints 2600:(rule by wealth) or 2503:Robert R. Livingston 2362:1990s liberalization 2329:industry trade group 1264:Political corruption 1185:Right-libertarianism 1115:Classical liberalism 1082:Venture philanthropy 718:Capitalism and Islam 713:Age of Enlightenment 308:Capital accumulation 208:create a new article 200:improve this article 190:may not represent a 97:improve this article 5378:Offshore investment 4275:on October 13, 2011 3994:on November 9, 2013 3959:on February 5, 2004 3889:. Alfred A. Knopf. 3739:on February 4, 2012 2852:John D. Rockefeller 2781:Capitalist critique 2695:clarify the content 2559:Bush administration 2479:corporate interests 2183:political discourse 1222:Business portal 338:Economic liberalism 328:Competitive markets 5779:Warioba Commission 5717:(Papua New Guinea) 5461:Regulatory capture 5266:Commercial bribery 4775:on August 14, 2013 4438:Hoover Institution 4376:on January 1, 2022 4368:The New York Times 4206:on January 3, 2015 4179:The Indian Express 4153:The Times of India 3988:Occidental College 3925:The New York Times 3875:(January 23, 1889) 3362:The New York Times 3108:"Crony Capitalism" 3050:10.1111/kykl.12048 3015:on January 1, 2022 3006:The New York Times 2999:(March 27, 2014). 2944:Regulatory capture 2898:Government failure 2835:regulatory capture 2795:right-libertarians 2787:classical liberals 2760:Occupy Wall Street 2723:Socialist critique 2717:natural monopolies 2663:The Indian Express 2654:middle income trap 2491:regulatory capture 2486: 2324: 1303:Influence peddling 1270:Forms and concepts 982:Capitalist realism 373:Goods and services 353:Fictitious capital 112:"Crony capitalism" 5958: 5957: 5954: 5953: 5794: 5793: 5532: 5531: 5509:Election security 5456:Political scandal 5191:Police corruption 4599:EDI Seminar Paper 4469:on April 26, 2012 4155:. August 12, 2014 4133:Watt steam engine 3896:978-0-375-41542-5 3826:. March 15, 2014. 3624:on August 8, 2012 3256:978-0-521-00408-4 3193:Hau, Caroline S. 2997:Kristof, Nicholas 2939:Political machine 2712: 2711: 2555:Hurricane Katrina 2489:process known as 2288:corporate welfare 2172: 2171: 2139: 2138: 1446:Equatorial Guinea 1258: 1257: 1077:Spontaneous order 1047:History of theory 690:New institutional 660:Market monetarism 595:Economic theories 428:Supply and demand 363:Free price system 254: 253: 246: 236: 235: 228: 210:, as appropriate. 173: 172: 165: 147: 70: 16:(Redirected from 6003: 5805: 5543: 5524:Vote suppression 5411:Crony capitalism 5341:Hawala and crime 5331:Money laundering 5311:Graft (politics) 5291:Confidence trick 5232: 5226:Forms or aspects 5155: 5148: 5141: 5132: 5121: 5085: 5048: 5019: 4990: 4988: 4963:Davis, Gerald F. 4958: 4929: 4900: 4871: 4866:. 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Cooley 2523:Grover Cleveland 2507:Founding Fathers 2255:Ferdinand Marcos 2245:Historical usage 2234:Entrepreneurship 2175:Crony capitalism 2164: 2157: 2150: 2132:Papua New Guinea 1913:Northern Ireland 1400: 1260: 1250: 1243: 1236: 1220: 1219: 1208: 1207: 1012:Critique of work 987:Capitalist state 670:Critique of work 553:Regulated market 455:Economic systems 408:Private property 358:Financial market 348:Entrepreneurship 343:Economic surplus 256: 249: 242: 231: 224: 220: 217: 211: 183: 182: 175: 168: 161: 157: 154: 148: 146: 105: 81: 73: 62: 40: 39: 32: 21: 18:Crony capitalist 6011: 6010: 6006: 6005: 6004: 6002: 6001: 6000: 5961: 5960: 5959: 5950: 5898: 5892: 5860: 5858: 5852: 5809: 5800:Anti-corruption 5790: 5587: 5539:with corruption 5538: 5528: 5504:Electoral fraud 5499:Ballot stuffing 5487: 5389: 5227: 5221: 5200: 5176:Corporate crime 5164: 5159: 5129: 5095: 5051: 5022: 4993: 4961: 4932: 4903: 4874: 4837: 4816: 4787: 4778: 4776: 4766: 4729: 4709:(1–2): 167–77. 4700: 4686:10.2307/4150189 4671: 4664: 4649:10.1.1.133.3751 4631: 4626: 4622: 4620:Further reading 4613: 4596: 4593: 4588: 4587: 4574: 4572: 4559: 4558: 4554: 4540: 4538: 4537:on May 13, 2012 4525: 4524: 4520: 4510: 4508: 4499: 4498: 4494: 4472: 4470: 4457: 4456: 4452: 4442: 4440: 4432: 4431: 4427: 4413: 4411: 4410:on May 13, 2012 4398: 4397: 4393: 4379: 4377: 4361: 4360: 4356: 4346: 4344: 4327: 4326: 4322: 4308: 4306: 4293: 4292: 4288: 4278: 4276: 4262: 4261: 4257: 4247: 4245: 4236: 4235: 4231: 4223: 4219: 4209: 4207: 4198: 4197: 4193: 4183: 4181: 4173: 4172: 4168: 4158: 4156: 4147: 4146: 4142: 4130: 4126: 4121: 4117: 4107: 4105: 4092: 4091: 4087: 4077: 4075: 4066: 4065: 4061: 4053: 4049: 4031: 4030: 4026: 3997: 3995: 3981: 3980: 3976: 3962: 3960: 3945: 3944: 3940: 3930: 3928: 3917: 3916: 3912: 3897: 3884: 3883: 3879: 3865: 3861: 3851: 3850: 3846: 3836: 3835: 3831: 3818: 3817: 3813: 3802:Financial Times 3794: 3793: 3789: 3772: 3771: 3767: 3757: 3756: 3752: 3742: 3740: 3726: 3725: 3721: 3716:. 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May 14, 2018 4229: 4217: 4191: 4166: 4140: 4124: 4115: 4104:on May 3, 2012 4085: 4059: 4047: 4024: 3974: 3938: 3910: 3895: 3877: 3867:Joseph Keppler 3859: 3844: 3829: 3811: 3787: 3765: 3750: 3719: 3701: 3679: 3661: 3635: 3609: 3580: 3562: 3524: 3502: 3476: 3421: 3408: 3382: 3348: 3316: 3292: 3266: 3255: 3233: 3222:. May 26, 2016 3208: 3180: 3145: 3133: 3127:10.1086/686474 3120:(1): 105–120. 3098: 3063: 3044:(2): 156–176. 3026: 2980: 2979: 2977: 2974: 2972: 2971: 2966: 2961: 2956: 2951: 2946: 2941: 2936: 2931: 2929:Patrimonialism 2926: 2921: 2915: 2910: 2905: 2900: 2895: 2890: 2885: 2880: 2878:Corporatocracy 2875: 2869: 2867: 2864: 2856:Edward Collins 2815:corporatocracy 2782: 2779: 2724: 2721: 2710: 2709: 2686: 2684: 2677: 2671: 2668: 2646:Raghuram Rajan 2631:Raymond Vernon 2621:social network 2608:as president. 2606:Uhuru Kenyatta 2585: 2582: 2568:, stated that 2460: 2457: 2445:Glass–Steagall 2429: 2426: 2412: 2409: 2386:market economy 2316:Chung Mong-koo 2299: 2296: 2246: 2243: 2239:public-serving 2170: 2169: 2167: 2166: 2159: 2152: 2144: 2141: 2140: 2137: 2136: 2135: 2134: 2129: 2124: 2116: 2115: 2111: 2110: 2109: 2108: 2103: 2098: 2093: 2088: 2083: 2078: 2073: 2068: 2063: 2055: 2054: 2050: 2049: 2048: 2047: 2042: 2037: 2032: 2027: 2022: 2014: 2013: 2009: 2008: 2007: 2006: 2001: 1996: 1988: 1987: 1983: 1982: 1981: 1980: 1978:United Kingdom 1975: 1970: 1965: 1960: 1955: 1950: 1945: 1940: 1935: 1930: 1925: 1920: 1915: 1910: 1905: 1900: 1895: 1890: 1885: 1880: 1875: 1870: 1865: 1860: 1855: 1850: 1845: 1840: 1835: 1830: 1825: 1823:Czech Republic 1820: 1815: 1810: 1805: 1800: 1795: 1787: 1786: 1782: 1781: 1780: 1779: 1774: 1769: 1764: 1759: 1754: 1749: 1744: 1739: 1734: 1729: 1724: 1719: 1714: 1709: 1704: 1699: 1694: 1689: 1684: 1679: 1674: 1669: 1664: 1659: 1654: 1649: 1644: 1639: 1634: 1629: 1624: 1619: 1614: 1609: 1604: 1599: 1594: 1589: 1584: 1576: 1575: 1571: 1570: 1569: 1568: 1563: 1558: 1553: 1548: 1543: 1538: 1533: 1528: 1523: 1518: 1513: 1508: 1503: 1498: 1493: 1488: 1483: 1478: 1473: 1468: 1463: 1458: 1453: 1448: 1443: 1438: 1433: 1428: 1423: 1418: 1413: 1405: 1404: 1396: 1395: 1391: 1390: 1389: 1388: 1383: 1378: 1373: 1368: 1360: 1359: 1353: 1352: 1351: 1350: 1345: 1340: 1335: 1330: 1325: 1320: 1315: 1310: 1305: 1300: 1295: 1290: 1285: 1280: 1272: 1271: 1267: 1266: 1256: 1255: 1253: 1252: 1245: 1238: 1230: 1227: 1226: 1225: 1224: 1212: 1197: 1196: 1193: 1192: 1187: 1182: 1177: 1175:Ordoliberalism 1172: 1167: 1162: 1157: 1152: 1147: 1142: 1137: 1132: 1127: 1122: 1117: 1112: 1107: 1101: 1098: 1097: 1094: 1093: 1090: 1089: 1084: 1079: 1074: 1069: 1064: 1059: 1054: 1052:Market economy 1049: 1044: 1039: 1034: 1029: 1024: 1019: 1014: 1009: 1004: 999: 994: 989: 984: 979: 974: 968: 966:Related topics 965: 964: 961: 960: 957: 956: 951: 946: 941: 936: 931: 926: 921: 916: 911: 906: 901: 896: 891: 886: 881: 876: 871: 866: 861: 855: 852: 851: 848: 847: 844: 843: 838: 836:State monopoly 833: 828: 823: 818: 813: 808: 803: 798: 793: 788: 783: 778: 773: 767: 764: 763: 760: 759: 756: 755: 750: 745: 740: 735: 730: 725: 720: 715: 709: 706: 705: 702: 701: 698: 697: 692: 687: 682: 677: 672: 667: 662: 657: 656: 655: 650: 645: 635: 630: 625: 620: 619: 618: 608: 603: 597: 594: 593: 590: 589: 586: 585: 580: 575: 570: 565: 560: 555: 550: 545: 540: 535: 530: 525: 520: 515: 510: 505: 500: 495: 488: 483: 478: 473: 468: 463: 457: 454: 453: 450: 449: 446: 445: 440: 435: 430: 425: 420: 415: 410: 405: 400: 395: 393:Liberalization 390: 385: 383:Invisible hand 380: 375: 370: 365: 360: 355: 350: 345: 340: 335: 330: 325: 320: 315: 310: 305: 300: 298:Businessperson 295: 293:Business cycle 290: 285: 279: 276: 275: 272: 271: 265: 264: 252: 251: 234: 233: 194:of the subject 192:worldwide view 187: 185: 178: 171: 170: 85: 83: 76: 71: 45: 44: 42: 35: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 6008: 5997: 5994: 5992: 5989: 5987: 5984: 5982: 5979: 5977: 5974: 5972: 5969: 5968: 5966: 5947: 5944: 5942: 5939: 5937: 5934: 5932: 5929: 5927: 5924: 5922: 5919: 5917: 5914: 5912: 5909: 5907: 5904: 5903: 5901: 5895: 5889: 5886: 5884: 5881: 5879: 5876: 5874: 5871: 5869: 5866: 5865: 5863: 5857:International 5855: 5849: 5846: 5844: 5841: 5839: 5836: 5834: 5831: 5829: 5826: 5824: 5821: 5818: 5815: 5814: 5812: 5806: 5803: 5801: 5797: 5786: 5783: 5780: 5777: 5774: 5771: 5768: 5765: 5763:(South Korea) 5762: 5759: 5757: 5754: 5751: 5748: 5746: 5743: 5740: 5737: 5734: 5731: 5728: 5725: 5722: 5719: 5716: 5713: 5710: 5707: 5704: 5701: 5698: 5695: 5693: 5690: 5687: 5684: 5682: 5679: 5676: 5673: 5670: 5667: 5664: 5661: 5658: 5655: 5653: 5650: 5647: 5644: 5640: 5637: 5635: 5632: 5631: 5629: 5626: 5623: 5620: 5617: 5614: 5611: 5608: 5606: 5603: 5600: 5597: 5596: 5594: 5590: 5584: 5581: 5579: 5576: 5574: 5571: 5569: 5566: 5564: 5561: 5559: 5556: 5554: 5551: 5550: 5548: 5546:International 5544: 5541: 5535: 5525: 5522: 5520: 5517: 5515: 5512: 5510: 5507: 5505: 5502: 5500: 5497: 5496: 5494: 5490: 5484: 5481: 5479: 5478:State capture 5476: 5472: 5469: 5468: 5467: 5464: 5462: 5459: 5457: 5454: 5452: 5449: 5447: 5444: 5442: 5439: 5437: 5434: 5432: 5429: 5427: 5424: 5422: 5421:Elite capture 5419: 5417: 5414: 5412: 5409: 5407: 5404: 5402: 5399: 5398: 5396: 5392: 5384: 5381: 5379: 5376: 5375: 5374: 5371: 5369: 5366: 5364: 5361: 5359: 5356: 5354: 5351: 5349: 5346: 5342: 5339: 5337: 5334: 5333: 5332: 5329: 5327: 5324: 5322: 5319: 5317: 5314: 5312: 5309: 5307: 5304: 5302: 5299: 5297: 5294: 5292: 5289: 5285: 5282: 5280: 5277: 5276: 5274: 5272: 5269: 5267: 5264: 5262: 5259: 5257: 5254: 5252: 5248: 5245: 5243: 5240: 5239: 5237: 5233: 5230: 5228:of corruption 5224: 5218: 5215: 5213: 5210: 5209: 5207: 5203: 5197: 5194: 5192: 5189: 5187: 5184: 5182: 5179: 5177: 5174: 5173: 5171: 5167: 5163: 5156: 5151: 5149: 5144: 5142: 5137: 5136: 5133: 5126: 5123: 5119: 5115: 5111: 5107: 5103: 5099: 5094: 5091: 5087: 5083: 5079: 5075: 5071: 5067: 5063: 5059: 5055: 5050: 5046: 5042: 5038: 5034: 5030: 5026: 5021: 5017: 5013: 5009: 5005: 5001: 4997: 4992: 4987: 4982: 4978: 4974: 4973: 4968: 4964: 4960: 4956: 4952: 4948: 4944: 4940: 4936: 4935:Thesis Eleven 4931: 4927: 4923: 4919: 4915: 4912:(1): 175–91. 4911: 4907: 4902: 4898: 4894: 4890: 4886: 4883:(2): 117–32. 4882: 4878: 4873: 4869: 4865: 4861: 4857: 4853: 4849: 4845: 4841: 4836: 4832: 4828: 4825:(6): 653–61. 4824: 4820: 4815: 4811: 4807: 4803: 4799: 4796:(4): 220–33. 4795: 4791: 4786: 4774: 4770: 4765: 4761: 4757: 4753: 4749: 4745: 4741: 4738:(3): 81–105. 4737: 4733: 4728: 4724: 4720: 4716: 4712: 4708: 4704: 4699: 4695: 4691: 4687: 4683: 4680:(4): 439–58. 4679: 4675: 4670: 4663: 4659: 4655: 4650: 4645: 4641: 4637: 4630: 4625: 4624: 4619: 4614: 4608: 4604: 4600: 4595: 4594: 4590: 4582: 4570: 4566: 4562: 4556: 4553: 4549: 4536: 4532: 4528: 4522: 4519: 4507: 4503: 4496: 4493: 4489: 4487: 4482: 4468: 4464: 4460: 4454: 4451: 4439: 4435: 4429: 4426: 4422: 4409: 4405: 4401: 4395: 4392: 4388: 4374: 4369: 4365: 4358: 4355: 4343: 4339: 4335: 4331: 4324: 4321: 4317: 4304: 4300: 4296: 4290: 4287: 4274: 4270: 4266: 4259: 4256: 4243: 4239: 4233: 4230: 4226: 4221: 4218: 4205: 4201: 4195: 4192: 4180: 4176: 4170: 4167: 4154: 4150: 4144: 4141: 4138: 4134: 4128: 4125: 4122:Vernon (1989) 4119: 4116: 4103: 4099: 4095: 4089: 4086: 4074: 4073:Promarket.org 4070: 4063: 4060: 4056: 4051: 4048: 4043: 4039: 4038:New York Post 4035: 4028: 4025: 4021: 4019: 4015: 4011: 4007: 3993: 3989: 3985: 3978: 3975: 3971: 3958: 3954: 3953: 3948: 3942: 3939: 3927: 3926: 3921: 3914: 3911: 3907: 3905: 3898: 3892: 3888: 3881: 3878: 3874: 3873: 3868: 3863: 3860: 3855: 3848: 3845: 3840: 3833: 3830: 3825: 3824:The Economist 3821: 3815: 3812: 3807: 3803: 3798: 3791: 3788: 3783: 3779: 3778:The Economist 3775: 3769: 3766: 3761: 3754: 3751: 3738: 3734: 3730: 3723: 3720: 3715: 3714:The Economist 3711: 3705: 3702: 3689: 3683: 3680: 3675: 3674:The Economist 3671: 3665: 3662: 3650: 3646: 3639: 3636: 3623: 3619: 3613: 3610: 3597: 3596:The Economist 3593: 3587: 3585: 3581: 3576: 3575:The Economist 3572: 3566: 3563: 3559: 3557: 3543: 3539: 3535: 3528: 3525: 3517:September 25, 3513: 3506: 3503: 3491: 3487: 3480: 3477: 3472: 3468: 3464: 3460: 3456: 3452: 3448: 3444: 3440: 3436: 3432: 3425: 3422: 3419:. World Bank. 3418: 3412: 3409: 3396: 3392: 3386: 3383: 3371: 3367: 3363: 3359: 3352: 3349: 3345: 3332: 3331: 3326: 3320: 3317: 3312: 3308: 3303: 3296: 3293: 3280: 3276: 3270: 3267: 3263: 3258: 3252: 3247: 3246: 3237: 3234: 3221: 3218: 3212: 3209: 3204: 3200: 3196: 3189: 3187: 3185: 3181: 3176: 3172: 3168: 3164: 3160: 3156: 3149: 3146: 3142: 3137: 3134: 3128: 3123: 3119: 3115: 3114: 3109: 3102: 3099: 3094: 3090: 3086: 3082: 3078: 3074: 3067: 3064: 3059: 3055: 3051: 3047: 3043: 3039: 3038: 3030: 3027: 3013: 3008: 3007: 3002: 2998: 2992: 2990: 2988: 2986: 2982: 2975: 2970: 2967: 2965: 2962: 2960: 2959:State capture 2957: 2955: 2952: 2950: 2947: 2945: 2942: 2940: 2937: 2935: 2932: 2930: 2927: 2925: 2922: 2919: 2916: 2914: 2911: 2909: 2906: 2904: 2901: 2899: 2896: 2894: 2891: 2889: 2886: 2884: 2881: 2879: 2876: 2874: 2871: 2870: 2865: 2863: 2861: 2857: 2853: 2849: 2845: 2844:James J. Hill 2840: 2836: 2830: 2828: 2824: 2820: 2816: 2812: 2807: 2804: 2800: 2796: 2792: 2788: 2780: 2778: 2776: 2772: 2768: 2763: 2761: 2757: 2753: 2751: 2746: 2742: 2738: 2734: 2730: 2722: 2720: 2718: 2706: 2696: 2690: 2687:This article 2685: 2676: 2675: 2669: 2667: 2665: 2664: 2659: 2658:Tavleen Singh 2655: 2651: 2647: 2643: 2641: 2636: 2632: 2628: 2624: 2622: 2618: 2614: 2609: 2607: 2603: 2599: 2595: 2591: 2583: 2581: 2579: 2575: 2571: 2567: 2562: 2560: 2556: 2552: 2547: 2543: 2539: 2534: 2532: 2528: 2524: 2520: 2519:robber barons 2516: 2512: 2508: 2505:, one of the 2504: 2500: 2496: 2492: 2484: 2483:U.S. senators 2480: 2475: 2470: 2466: 2458: 2456: 2454: 2450: 2446: 2442: 2437: 2435: 2427: 2425: 2423: 2419: 2418: 2417:The Economist 2410: 2408: 2406: 2401: 2399: 2395: 2391: 2387: 2383: 2379: 2375: 2371: 2367: 2363: 2359: 2355: 2351: 2346: 2341: 2338: 2334: 2330: 2321: 2317: 2313: 2309: 2308:Park Geun-hye 2304: 2297: 2295: 2293: 2289: 2284: 2281: 2279: 2274: 2272: 2268: 2264: 2260: 2256: 2252: 2244: 2242: 2240: 2235: 2231: 2227: 2223: 2219: 2214: 2212: 2208: 2204: 2200: 2196: 2192: 2188: 2184: 2180: 2176: 2165: 2160: 2158: 2153: 2151: 2146: 2145: 2143: 2142: 2133: 2130: 2128: 2125: 2123: 2120: 2119: 2118: 2117: 2112: 2107: 2104: 2102: 2099: 2097: 2094: 2092: 2089: 2087: 2084: 2082: 2079: 2077: 2074: 2072: 2069: 2067: 2064: 2062: 2059: 2058: 2057: 2056: 2053:South America 2051: 2046: 2043: 2041: 2038: 2036: 2033: 2031: 2028: 2026: 2023: 2021: 2018: 2017: 2016: 2015: 2010: 2005: 2004:United States 2002: 2000: 1997: 1995: 1992: 1991: 1990: 1989: 1986:North America 1984: 1979: 1976: 1974: 1971: 1969: 1966: 1964: 1961: 1959: 1956: 1954: 1951: 1949: 1946: 1944: 1941: 1939: 1936: 1934: 1931: 1929: 1926: 1924: 1921: 1919: 1916: 1914: 1911: 1909: 1906: 1904: 1901: 1899: 1896: 1894: 1891: 1889: 1886: 1884: 1881: 1879: 1876: 1874: 1871: 1869: 1866: 1864: 1861: 1859: 1856: 1854: 1851: 1849: 1846: 1844: 1841: 1839: 1836: 1834: 1831: 1829: 1826: 1824: 1821: 1819: 1816: 1814: 1811: 1809: 1806: 1804: 1801: 1799: 1796: 1794: 1791: 1790: 1789: 1788: 1783: 1778: 1775: 1773: 1770: 1768: 1765: 1763: 1760: 1758: 1755: 1753: 1750: 1748: 1745: 1743: 1740: 1738: 1735: 1733: 1730: 1728: 1725: 1723: 1720: 1718: 1715: 1713: 1710: 1708: 1705: 1703: 1700: 1698: 1695: 1693: 1690: 1688: 1685: 1683: 1680: 1678: 1675: 1673: 1670: 1668: 1665: 1663: 1660: 1658: 1655: 1653: 1650: 1648: 1645: 1643: 1640: 1638: 1635: 1633: 1630: 1628: 1625: 1623: 1620: 1618: 1615: 1613: 1610: 1608: 1605: 1603: 1600: 1598: 1595: 1593: 1590: 1588: 1585: 1583: 1580: 1579: 1578: 1577: 1572: 1567: 1564: 1562: 1559: 1557: 1554: 1552: 1549: 1547: 1544: 1542: 1539: 1537: 1534: 1532: 1529: 1527: 1524: 1522: 1519: 1517: 1514: 1512: 1509: 1507: 1504: 1502: 1499: 1497: 1494: 1492: 1489: 1487: 1484: 1482: 1479: 1477: 1474: 1472: 1469: 1467: 1466:Guinea-Bissau 1464: 1462: 1459: 1457: 1454: 1452: 1449: 1447: 1444: 1442: 1439: 1437: 1434: 1432: 1429: 1427: 1424: 1422: 1419: 1417: 1414: 1412: 1409: 1408: 1407: 1406: 1401: 1398: 1397: 1392: 1387: 1384: 1382: 1379: 1377: 1374: 1372: 1369: 1367: 1364: 1363: 1362: 1361: 1358: 1354: 1349: 1346: 1344: 1341: 1339: 1338:State capture 1336: 1334: 1331: 1329: 1326: 1324: 1321: 1319: 1316: 1314: 1311: 1309: 1306: 1304: 1301: 1299: 1298:Elite capture 1296: 1294: 1291: 1289: 1286: 1284: 1281: 1279: 1276: 1275: 1274: 1273: 1268: 1265: 1261: 1251: 1246: 1244: 1239: 1237: 1232: 1231: 1229: 1228: 1223: 1218: 1213: 1211: 1206: 1201: 1200: 1199: 1198: 1191: 1188: 1186: 1183: 1181: 1178: 1176: 1173: 1171: 1168: 1166: 1165:Neoliberalism 1163: 1161: 1158: 1156: 1153: 1151: 1148: 1146: 1143: 1141: 1138: 1136: 1133: 1131: 1128: 1126: 1123: 1121: 1118: 1116: 1113: 1111: 1110:Authoritarian 1108: 1106: 1103: 1102: 1096: 1095: 1088: 1085: 1083: 1080: 1078: 1075: 1073: 1070: 1068: 1065: 1063: 1060: 1058: 1055: 1053: 1050: 1048: 1045: 1043: 1040: 1038: 1037:Globalization 1035: 1033: 1030: 1028: 1025: 1023: 1020: 1018: 1015: 1013: 1010: 1008: 1005: 1003: 1000: 998: 997:Crisis theory 995: 993: 990: 988: 985: 983: 980: 978: 975: 973: 970: 969: 963: 962: 955: 952: 950: 947: 945: 942: 940: 937: 935: 932: 930: 927: 925: 922: 920: 917: 915: 912: 910: 907: 905: 902: 900: 897: 895: 892: 890: 887: 885: 882: 880: 877: 875: 872: 870: 867: 865: 862: 860: 857: 856: 853:Intellectuals 850: 849: 842: 841:Technological 839: 837: 834: 832: 829: 827: 824: 822: 819: 817: 814: 812: 809: 807: 804: 802: 799: 797: 794: 792: 789: 787: 784: 782: 779: 777: 774: 772: 769: 768: 762: 761: 754: 751: 749: 746: 744: 741: 739: 736: 734: 731: 729: 726: 724: 721: 719: 716: 714: 711: 710: 704: 703: 696: 693: 691: 688: 686: 683: 681: 678: 676: 673: 671: 668: 666: 663: 661: 658: 654: 651: 649: 646: 644: 641: 640: 639: 636: 634: 633:Institutional 631: 629: 626: 624: 621: 617: 614: 613: 612: 609: 607: 604: 602: 599: 598: 592: 591: 584: 581: 579: 576: 574: 571: 569: 566: 564: 561: 559: 556: 554: 551: 549: 546: 544: 541: 539: 536: 534: 531: 529: 526: 524: 521: 519: 516: 514: 511: 509: 506: 504: 501: 499: 496: 494: 493: 492:Laissez-faire 489: 487: 484: 482: 479: 477: 474: 472: 469: 467: 466:Authoritarian 464: 462: 459: 458: 452: 451: 444: 441: 439: 436: 434: 433:Surplus value 431: 429: 426: 424: 421: 419: 416: 414: 413:Privatization 411: 409: 406: 404: 401: 399: 396: 394: 391: 389: 386: 384: 381: 379: 376: 374: 371: 369: 366: 364: 361: 359: 356: 354: 351: 349: 346: 344: 341: 339: 336: 334: 331: 329: 326: 324: 321: 319: 316: 314: 311: 309: 306: 304: 301: 299: 296: 294: 291: 289: 286: 284: 281: 280: 274: 273: 270: 266: 262: 258: 257: 248: 245: 230: 227: 219: 209: 205: 201: 195: 193: 186: 177: 176: 167: 164: 156: 145: 142: 138: 135: 131: 128: 124: 121: 117: 114: â€“  113: 109: 108:Find sources: 102: 98: 92: 91: 86:This article 84: 80: 75: 74: 69: 67: 60: 59: 54: 53: 48: 43: 34: 33: 30: 19: 5688:(Madagascar) 5612:(Bangladesh) 5519:Vote pairing 5471:Rent-setting 5466:Rent-seeking 5426:Failed state 5410: 5326:Match fixing 5296:Embezzlement 5275:Corporation 5247:Black market 5104:(1): 35–39. 5101: 5097: 5060:(1): 61–75. 5057: 5053: 5028: 5024: 4999: 4995: 4979:(3): 34–40. 4976: 4970: 4938: 4934: 4909: 4905: 4880: 4876: 4868:the original 4850:(5): 73–91. 4847: 4843: 4822: 4818: 4793: 4789: 4777:. 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