Philippines ranks #6 in latest Crony-Capitalism Index of The - TopicsExpress

Philippines ranks #6 in latest Crony-Capitalism Index of The Economist. Other Asian economies in the rankings: Malaysia #3, Singapore #5, Taiwan #8, India #9, Indonesia #10, Thailand #16, China #19, Japan #21, South Korea #22 Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials economist/news/international/21599041-countries-where-politically-connected-businessmen-are-most-likely-prosper-planet?fsrc=scn/tw_ec/planet_plutocrat

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