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The Institute for Ethics and Economic
Policy (IEEP) |
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2,111
CORRUPT OFFICIALS DISCLOSED IN MONTH-LONG CRACKDOWN In a corruption crackdown, the government has found 2,111
public servants guilty of charges varying from taking bribes, embezzling or
diverting government money, handling their tasks unjustly or just not doing
their job. Most of the public
servants were deputy directors or lower level officials, causing suspicion
that directors or higher-level officials were not targeted. In another case, Oh Hong-keun, Minister of
the Government Information Agency, has pledged improvement in the
anti-corruption crusade and arrests for wrong-doing include Pohang Fisheries
for bribes of 10.5 million won; a local construction company for of 26 million won; the former vice chief
of Kurye County, South Cholla Province of 74.65 million won; an official of
Shihung City of 26 million won; and a family court official for 15 million won. Oh Hong-keun stressed that the government
will work hard toward an environment where responsible public officials who
are performing their duties faithfully will be rewarded accordingly. (The Korea Herald,
The Index of Economic Freedom (by Driscoll-Holmes-Kirkpatrick) for 2001 places North Korea in the “Repressed” category with a rank of 155 (Ranks range from 1 for Hong Kong to 155 for North Korea, Wall Street Journal, Nov. 1, 2000). H. D. Vinod’s trimmed correlation analysis indicates that countries free from economic regulation are less corrupt. After allowing for some exceptions by 20% trimming, the correlation is near 0.9. |
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Design:
Theo den Brinker |
Copyright:
Hrishikesh D. Vinod 2000 |
Last
Updated: |
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