Question

In 2018 South Korea ranked #50 on the Transparency Index. Among OECD countries this ranks relatively low – why, substantiate your answer with at least 2 causes for the relatively weak ranking.

Answer 1

One of the main reason for corruption to be high in South Korea is the fact that huge business conglomerates who are usually called chaebols in Korean reportedly involved in many of the corruption practices help the government and corruption for their own private gains which are also illegal. Another reason for the corruption in South Korea lies in the gifting system where inviting people first name of charity or guesting walls a lot of bribery and illegal transactions on the whole