| ID | 179557 |
| Title Proper | Leviathan for sale |
| Other Title Information | maritime police privatization, bureaucratic corruption, and the sewol disaster |
| Language | ENG |
| Author | Choi, Kyong Jun ; Porteux, Jonson N |
| Summary / Abstract (Note) | We argue that the 2014 Sewol ferry disaster in South Korea, in which 304 passengers perished, was a result of the mode and process of privatization of South Korea's maritime police and rescue services. Through the development of a nuanced theory of privatization and use of a novel conceptualization of corruption, coupled with empirical analysis, our study shows that the outcome was symptomatic of a wider trend of systematic bureaucratic rent-seeking. A pro-active private sector ready to capitalize on the opportunity, in conjunction with a permissive political environment, resulted in a reduction of state capacity, with devastating consequences. |
| `In' analytical Note | Journal of East Asian Studies Vol. 21, No.1; Mar 2021: p.27 - 51 |
| Journal Source | Journal of East Asian Studies Vol: 21 No 1 |
| Key Words | Privatization ; ROK ; Bureaucratic Corruption ; Regulatory Mismanagement |