Thursday, May 24, 2012

Corruption's Presence in China's Entrepreneurship and business developement styles

Let us talk today about something we characterize China's entrepreneurship and business development and styles for: corruption. Most Chinese assume that corruption is endemic.
Andrew Wedeman, a professor of political science at Georgia State University and the author of “Double Paradox: Rapid Growth and Rising Corruption in China,” argues that economic growth is actually the source of China’s endemic corruption. He argues that China’s economic reforms have involved the creation and re-allocation of a tremendous amount of wealth, and the corruption we see today is a byproduct of that creation and transfer. In other words, the surge in corruption that we’ve witnessed in China beginning in the early 1980s through the mid-1990s is a result of the reform process itself. China has been able to absorb the negative impact of corruption because reform has created such dynamic economic growth.
But my opinion on the matter is quite different. I like to ask you the following very important questions to open our debate:
If comparing the perceived level of corruption among countries, China scores about 75% of the maximum. It’s in line with a lot of other countries that are developing rapidly. So, is China really extraordinarily corrupt?
Is it corruption really so new in China or is it depthly rooted in Chinese culture?
Did not Confucius diligently tried to end with it, but died without having achieved his goal?
Does China's size contribute to this historical corruption culture?
Is it because of this that (in contrast to e.g. the so called Asian Tigers) in China corruption is largely anarchic and disorganized, with individual officials and cliques scraping off money and stashing it away for their private use?

No comments:

Post a Comment