Government & Business in Southeast Asia Essay Example | Topics and Well Written Essays - 500 words

Government & Business in southeast Asia - Essay ExampleSoutheast Asia has a patrimonial government that enables corruption in all areas of government, disdainful politics, open bureaucracies, and unregulated market prices. This kind of system works positively on the economy solely for a period. The ownership of businesses is to certain families and such businesses are passed on to the next generation. The beauty of this is that the business does not give an account of its activities either to the government or to shareholders. However, such businesses posteriornot sustain the economy for a hanker period. As businesses transfer ownership from one generation to the other, mismanagement of funds occurs and withdrawal of capital can ca apply closure of a business.In a patrimonial leadership, rules are applied with partiality and somewhat citizens get partiality treatment (Brinkerhoff & Goldsmith, 2007, p.7). This calls for corruption in leadership. Businesses bribe the politicians a nd higher government authorities to cross taxes and customs. This eventually leads to a government that cannot sustain itself and with a big deficit. Statistics show that one of the causes of East Asia economical crisis in 1997 and 1998 is corruption, mass economic distortions, and inefficiencies.In addition, A Patrimonial leadership is characterized by administrators who are promoted as a reward for personal connections with political leaders (Brinkerhoff & Goldsmith, 2007, p.7). Leaders in any economy ought to embrace the right channels in their selection. That is on competitive bases on merit and expertise. This enabled them to carry out their then with professionalism and strategically plan for the future. To add to this, businesses need such leaders to take advantage of emerging opportunities and use them to overcome the threat in the market. This empowers an economy to compete with itself and with its neighborhoods.