Built on sand: arrests shake corruption-plagued construction industry
Article Abstract:
Public officials in Japan, including mayors, governors and Ministry of Construction executives have been arrested for accepting bribes when handing out state contracts to construction firms. Bribery has been a standard practice for Japanese construction firms for years. The government crackdown on the bribes has slowed public works projects because officials do not know how to proceed granting contracts without doing so illegally. The construction industry employs 9% of the Japanese labor force so the slow down in building will have national economic effects.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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hollow victor: his party may lose, but Murayama might stay on
Article Abstract:
Japanese Prime Minister Tomiichi Murayama will probably remain in power despite the anticipated losses his party will suffer in July 23, 1995 elections of half the seats in parliament's upper house. The Social Democratic Party of Japan may lose 3/4 of its 43 seats, due to pragmatic rather than ideological positions it has taken. He may step down as head of the SDPJ, but coalition partner Social Democratic Party should win big and ask him to remain as head of the country. That signals stability but continued weak leadership.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
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