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ID: 001649

East Asia in crisis: from being a miracle to needing one / McLeod, Ross H (ed); Garnanut, Ross (ed)

1998

McLeod, Ross H	Book
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Publication	London, Routledge, 1998.
Description	x,389p.
Standard Number	0415198313

Key Words

Economic Conditions - Asia, East ; Asia, East - Economic Development ; Economic Crisis - Asia, East

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Accession#	Call#	Current Location	Status	Policy	Location
041199	338.95/MCL 041199	Main	On Shelf	General

ID: 083121

Inadequate budgets and salaries as instruments for institutiona / McLeod, Ross H

McLeod, Ross H	Journal Article
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Publication

2008.

Summary/Abstract

Soeharto used the Indonesian bureaucracy to generate rents that could be harvested by 'insider' firms, while also encouraging it to extort money from 'outsider' firms and individuals. This necessitated incentives that would ensure strong loyalty and minimize internal opposition. Government entities were provided with insufficient budget funding to cover their costs, and their officials were expected to generate cash from illegal activities, making public sector employees financially dependent on corruption. Any employee who opposed this system could expect to be restricted to earning no more than the pitifully low formal salary entitlement. The system therefore became strongly self-reinforcing.

Key Words

Indonesia ; Courrption ; Public Choice

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