| abstract |
This thesis will study the anti-corruption efforts in South Korea. The anti-corruption policies will be examined through the historical context of the corruption
problem. This thesis will give a brief history of South Korea and its economy, mention the power of the business conglomerates known as the Chaebols, define
corruption using the Transparency International's Definition of "the abuse of entrusted power for private gain", refer to the dependence behind the
Chaebol-Government relationship to explain corruption in the Korean context and describe the South Korean anti-corruption efforts. The specific anti-corruption
policy studied in this thesis will be the 2016 Improper Solicitation and Graft Act. The Improper Solicitation and Graft Act is known to be the "strictest
ant-graft law in the world" that prohibits 15 types of solicitation. The law targets government officials, civil servants, and media personnel and their families.
The thesis will conclude that there are major limitations within the Improper Solicitation and Graft Act as the act does not target the real problem which is the
power of the Chaebols. The government has participated in political retaliation and has continued to allow the Chaebol leaders to get close to a free pass on
punishment.
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