Books about Cronies from Amazon.com

Of all the factors blamed for the Asian economic collapse of 1997, one stands out above all as the primary reason for the surprisingly rapid meltdown of East Asian economies: crony capitalism But this system—in which those close to political policymakers receive favors allowing them to earn returns far above market value—is not limited to Asia. Crony systems are found around the world, and in no region of the world have they been as fundamental a feature of the economy as in Latin America. In this book, Stephen Haber and his expert contributors examine the causes and consequences of cronyism in Latin America. Drawing from case studies in Mexico, Brazil, and other countries around the world, they answer key questions about this pervasive phenomenon, examining why crony economic systems come into being, how they get re-created over time even in the face of dramatic regime changes, why they survive despite being detrimental to growth, and, most important, how crony capitalism can be reformed. Crony Capitalism and Economic Growth in Latin America does not attempt to cover all the wide-ranging issues related to the political economy of crony capitalism. It does, however, offer a powerful point of departure—in terms of both theory and empirical research—from which further knowledge can be developed.

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Why has the literature on Asian development not addressed the issue of money politics in Korea? How can we reconcile the view of an efficient developmental state in Korea before 1997 with reports of massive corruption and inefficiency in that same country in 1998 and 1999? Politics is central to the answer. This study argues that both Korea and the Philippines experienced significant corruption throughout the post-independence era, and that political--not economic--considerations dominated policy making in both countries..
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In Crude Politics, Paul Sperry presents alarming evidence that the Bush administration diplomats resumed talks with Pakistani officials over gas and oil pipelines in Afghanistan while the United States was still reeling from the horror of September 11, 2001.

Paul Sperry contends that, true to America's energy-based foreign policy of the last half-century, the Bush administration seized the opportunity to use the attacks as reason to oust the Taliban-the major obstacle blocking plans for the precious pipelines linking Caspian reserves to hot Asian markets. With journalistic integrity and painstaking research, Sperry will enlighten readers on:

• How commercial gain within the current oil-friendly administration has undermined our nation's war on terror.
• How our safety has been jeopardized because of an overriding effort to charge ahead with a new "Silk Road" through Afghanistan, making the capture of Osama bin Laden a secondary concern.
• The nature of war and the politics behind the major decisions being made in the current administration, including those regarding Iraq and other "axis of evil" countries.
• Crude Politics also pulls back the veil on Bush's behind-scenes operator for regime change in both Afghanistan and Iraq -- former energy consultant Zal Khalilzad.

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Texans are running the country--maybe the world. Now the author of Pipe Dreams examines who they are, how they got into power, and how they reward themselves and each other, often at the expense of American taxpayers.

No other province holds more political and economic power than the Lone Star State. Two of the last three American presidents--and three of the last eight--have been Texans. Each of them got to the White House by exploiting a network of money and power that no other state can match.

In Cronies, renowned investigative reporter Robert Bryce illuminates how Texas turned its vast energy resources into political power, and how a small group of Texas corporations, lawyers and politicians use that power to protect and defend their own economic interests. Through an absorbing narrative that moves from the days of the oil boom, through the rise and reign of LBJ, to today, Bryce profiles the Texans and the Texas corporations who have wielded-and continue to wield-great power in America's domestic and foreign policy, including the Bushes, James A. Baker III, Halliburton, Baker Botts, Ray Hunt, Bell Helicopter, and more. He shows how massive transfers of wealth from the rest of the country to Texas have allowed the state to prosper. Cronies demonstrates how George W. Bush is the living embodiment of Texas' crony networks, and how those networks continue to play critical roles in the 21st century.

Distinguished by the same crack investigative skills and colorful storytelling that reviewers loved in Pipe Dreams, Cronies not only explains the astonishing rise of Texas; it offers a timely, provocative new way to look at American politics and our deadly entanglements in Iraq..
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This digital document is a journal article from Critical Perspectives on Accounting, published by Elsevier in 2007. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
This paper is directed at showing that there are features of accounting resistant to technical progress in legislation, auditing and accounting standards so that it is not so much that history repeats itself as that there remain elements of the practice of accounting beyond legislative reach. Such elements stem essentially from diverse and perhaps ungovernable characteristics of human nature and relationships. This situation is exemplified through two case studies documenting an extraordinary recurrence of financial mal-management in the case of the Bank of New Zealand (BNZ). Twice, the BNZ fell into the hands of forceful individuals with political connections who were able to control its management and influence lending policy with disastrous results. In both instances separated by nearly a century, creative accounting masked poor performance, and the government was persuaded to rescue what was once affectionately known as 'The People's Bank'. Such rescues represented a socialisation of losses, not least because the BNZ was shareholder-owned and those responsible escaped largely unscathed. Reliance upon the possibility of rescue may even promote riskier behaviour. .
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This digital document is an article from Cross Currents, published by Thomson Gale on March 22, 2006. The length of the article is 3134 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: Financial globalization and crony capitalism.
Author: John P. Tiemstra
Publication:Cross Currents (Newsletter)
Date: March 22, 2006
Publisher: Thomson Gale
Volume: 56 Issue: 1 Page: 26(8)

Distributed by Thomson Gale.
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