Publication Type: Poster
Abstract: Northeast Asian countries, which consist of a former socialist (China) and two capitalist (South Korea and Japan) countries with large populations, have become the fast－growing economies. They have shown relatively high levels of corruption situation in comparison with their economic influences in world economy. Specially, China is facing a serious corruption problem which prevents politico－economic development and social consensus in the long run.Recently, the hypothesis that a market－oriented democracy is the best model for economic development is accepted among many scholars. It suggests that the strategies for economic growth should be based on market principles and political democratization in the long term. From the perception that market－oriented democracy is the best solution for economic development, people in Northeast Asian countries recognize that state intervention, which undermines a self－regulating market, should be minimized in the economic sectors, and bureaucratic corruption that hinders socio－cultural progress should be eliminated in every sphere of society.Market－democracy advocates argue that the fundamental causes of Northeast Asian countries corruption originate from the immaturity of political democratization. They propose the formation of Northeast Asian anti－corruption regime as a desirable instrument of improving their corruption levels.