• Title/Summary/Keyword: Regional Economic Development

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The Impact of the Incheon Free Economic Zones on Regional Disparities in Incheon (인천 경제자유구역이 인천시 자치구(군)간 지역불균형에 미치는 영향분석)

  • Kim, Bora;Choi, Jinmu
    • Journal of the Economic Geographical Society of Korea
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    • v.17 no.1
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    • pp.86-97
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    • 2014
  • Incheon Free Economic Zone is the first free economic zone specified in 2003 in Korea. Previous research on the Free Economic Zone has focused on the activation of the free economic zone or foreign investment issue at the level of the national economic plan. Related to the development of a free economic zone, studies are currently insufficient on the relevance of the local economy, the development of linkages with hinterland, and the balanced regional development. Therefore, this study tried to investigate the impact of Incheon Free Economic Zone to the local economy through analyzing the causes and characteristics of the imbalance between the regions in Incheon by comparing before (1996~2002) and after (2003~2009) of the Incheon Free Economic Zone legislation (2003). The result shows that development of the free economic zone has not been connected to the local economy activation and the ripple effect on the old town in Incheon. Further, the construction of a large apartment and infrastructure in the free economic zones have increased the disparity between the free zones and the old town.

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Development Policy of Macro-Economic Region in Korea : Review and Prospect (우리나라 광역경제권 정책의 추진현황과 발전과제)

  • Ahn, Young-Jin
    • Journal of the Korean association of regional geographers
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    • v.17 no.5
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    • pp.638-647
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    • 2011
  • Since 2008 the administration of the President Lee Myung-bak is pursuing a new regional policy which differentiates from that of the last administration. It focuses on the maximizing the growth potential of the national territory and suggests the three-tiered regional development system. The paper aims to review the main contents and characteristics of the macro-economic region policy as a representative strategy in a new regional development policy and examine its achievements and the future tasks. Although it is limited to evaluate the accomplishments of the macro-economic region policy due to the short period of time (3 years), it has been successfully recognized that it would be more competitive if regional governments are supporting and connecting each other with neighboring regional governments. In addition, investments to each macro-economic region continue vigorously as planned. In order for the policy to be more successful in the future, however, it is necessary to substantially expand the development project, to systematically construct the governance structure, and to effectively process the industrial plans.

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Strategies Contents for Financial Independent RIS in Proton Accelerator Science and Technology

  • Bae, Khee-Su
    • International Journal of Contents
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    • v.7 no.2
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    • pp.32-35
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    • 2011
  • This research would be the first step toward in the long processes of proton technology industrial cluster development by focusing on the region's readiness and acceptability of the proton technology project. As is shown in our questionnaire survey, the top priorities needed to consider for the Proton Technology project are found to be job creation (mean 3.74), regional economic development (mean 3.72), industry infrastructure(3.54), institution for science and education(3.53), economic inequalities(3.33), tourism industry revitalization(3.20). For public servants top priorities in order found to be regional economic development, job creation, industry infrastructure, institution for science and education, economic inequalities, tourism industry revitalization. Universities' priorities in order found to be job creation, regional economic development, institution for science and education, industry infrastructure, economic inequalities, tourism industry revitalization. The mean reliability score for the each party was found to be mayor((3.04), citizens(2.99), province(2.97), private corporation(2.96), and universities((2.93). Of particular note, the mean score except the mayor were all below median (3.00). province(3.24), city council member(3.20), public employees (3.09), private corporation(3.03), nonprofit organization (2.97), mass media (2.96), citizens(2.96), and universities(2.89). The universities and colleges also should revise their strategic plans and thus restructure their internal academic programs, and must develop their own collaborative programs with Proton Engineering Frontier Project, related industries, city, and other government units. Not only educating, training, and providing top-notched man powers to the proton technology industries will be one of their primary missions.

Effective Anlysis of Regional Industry Development Project;Focus on Chungbuk Province (지역전략산업 변화 및 효과분석;충청북도를 중심으로)

  • Bae, Jeong-Hwan;Lee, Suk-Pyo
    • The Journal of the Korea Contents Association
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    • v.8 no.8
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    • pp.188-195
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    • 2008
  • This research analysis Regional industry development project of central government. Fortunately, South Korea government changed from efficiency-centered economic policy to balanced territorial economic development. Therefore, the purpose of this research is firstly to present how to development of regional industry, and secondly to analysis of effectiveness from regional industry development project.

Development Issues of the Special Economic. Zone for Regional Development related to Environmentally Friendly Agriculture and Green Tourism (친환경농업 및 농촌관광 관련 지역특화발전특구의 발전전략)

  • Kim, Ho;Heo, Seung-Wook
    • Korean Journal of Organic Agriculture
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    • v.14 no.4
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    • pp.361-383
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    • 2006
  • The works of the special economic zone for regional development(SEZone) have been promoted for developing the regional economy corresponding with its own peculiarities by not national, but local level of government. Namely, those set the goal at specialized development of regions through an appeasement policy against regulations. So local governments. must originate the local works, get financial sources by itself, and then revitalize the regional economy. The policies of many local governments aim at increasing farmers' income by developing rural society to cope with open economy system. By the way they have tried to revitalize agriculture and rural society by promoting actively the works of SEZone through an appeasement policy against regulations. And it is important to search for specialized factors based on regional resources, and to make connected with them together so as to obtain good results in the works of SEZone. This study examined regulations related to environmentally friendly agriculture and green tourism. And it researched about the effect of SEZone works on regional economy and develops indices of result estimation. So schemes for strategies for increasing demand and development issues were presented.

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An Analysis of Non-linear Relationship between Local Government Size and Regional Economic Growth: Armey Curve Verification Using AMG Estimation Method (지방정부규모와 지역경제성장 간 비선형관계 분석: AMG 추정법을 이용한 Armey Curve 검증)

  • So-youn Kim;Suyeol Ryu
    • Journal of the Economic Geographical Society of Korea
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    • v.25 no.4
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    • pp.629-640
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    • 2022
  • This study analyzed the relationship between local government size and regional economic growth using regional data from 2002 to 2020. By dividing local government expenditure into social development expenditure and economic development expenditure, economic growth and the inverted U-shaped Armey curve were verified, and the optimal size of local government expenditure was examined. In particular, the AMG estimation method considering the cross-sectional dependence and regional heterogeneity existing in the panel data was utilized. As a result of the analysis, it was found that there was an inverted U-shaped relationship between local fiscal expenditure and regional economic growth. When the proportion of total local fiscal expenditure is 7.63% of GRDP and social development expenditure is 3.45%, it is found that the optimal size of expenditure can maximize the regional economic growth rate. Local governments should increase the effectiveness of public expenditure policies by considering these points.

A Prospect and Tasks for Regional Development of Youngnam Area: (2) Conditions on Future Development and Alternative Regional Planning (영남지역 발전의 전망과 과제 : (2) 발전여건과 대안적 개발계획)

  • Choi, Byung-Doo
    • Journal of the Korean association of regional geographers
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    • v.2 no.1
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    • pp.87-114
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    • 1996
  • This paper is the second part of a research which aims to look into the regional development process and the quality of life of Youngnam area. and to suggest a prospect and tasks for the future development of the region. All cities and regions including Youngnam area seem to be involved in a rapidly changing process of conditions for development, because of a recent economic and political transformation in the national and global scale. It can be thus said that, taking such a process into consideration seriously, each city or region needs to establish a long-term prospect and goal, and to set up and practicize its development plan. From this point of view, this paper reconsiders the changing process of conditions for development of Youngnam region, and suggests an alternative development plan. At the first, the changing conditions of regional development are investigated in economic, political, social, cultural and environmental aspects. Secondly, some actual planning practices in this regions are examined and their problems are pointed out. Thirdly, an alternative model for regional development is suggested and development tasks in each aspects are discussed in relation to each other. Finally some regional development strategies are provided in the spatial as well as the sectoral dimision. As a results of this research, it is argued that the development of Youngnam region should pursue both an improvement of socio-cultural and ecological institutions for ensuring humane life of dwellers within the region, and a enforcement of economic and political self-sufficiency in an organic relation between regions and to the whole society. This kind of argument can be applied to every city or region. But it would more significant for Youngnam region, because this region, which once experienced a rapid economic growth but now is fallen into a serious economic stagnation, tends to contrive material plans to redevelop regional economy, while ignoring social plans to improve quality of life.

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The Analysis of Hydropower Development and the Mekong Power Grid on Regional Cooperation : Focus on the Greater Mekong Subregion Program

  • Nayeon Shin;Seungho Lee
    • Proceedings of the Korea Water Resources Association Conference
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    • 2023.05a
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    • pp.245-245
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    • 2023
  • This paper examines the extent to which the Mekong River Basin countries have achieved socioeconomic benefits based on regional cooperation through the Greater Mekong Subregion (GMS) Program, focusing on hydropower development and the Mekong Power Grid. This study pays attention to the time period from 2012 to 2022. The benefit sharing approach is employed to evaluate the extent to which hydropower development and the Mekong Power Grid have contributed to the regional energy trade in the GMS program. The GMS program was launched by the Asian Development Bank (ADB) in 1992, and the Chinese provinces of Yunnan and Guangxi, Myanmar, Lao PDR, Thailand, Cambodia, and Vietnam have taken an active part in the program. The goals of the GMS program are to achieve poverty alleviation, economic development, and regional cooperation in various sectors, including energy, tourism, and transportation. The GMS Economic Cooperation Program Strategic Framework 2030 (GMS-2030), in 2021, provides a new framework for prosperous and sustainable development in the river basin. In the energy sector, the GMS program has been instrumental in facilitating hydropower development and creating the Mekong Power Grid with the Regional Grid Code (RGC), contributing to economic benefits and promoting regional trade of hydroelectricity. It is argued that the GMS program has enhanced regional cooperation between the riparian countries. Despite such achievements, the GMS program has faced challenges, including the gap of economic development between the riparian countries, socioeconomic and environmental concerns regarding hydropower development between the Upper and Lower Mekong countries, and geopolitical tensions from the US-China rivalry. These challenges should adequately be addressed within the program, which can guarantee the sustainability of the program for the river basin.

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Strategic Environmental Assessment for the Master Plan of Tonkin Gulf Coastal Economic Belt Development: Lesson Learnt

  • Le, Trinh
    • Journal of Environmental Impact Assessment
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    • v.18 no.6
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    • pp.419-427
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    • 2009
  • Methodology and application of Strategic Environmental Assessment (SEA) for policies, plans, and programs are still new approach in Vietnam. With a support from Vietnam-Swedish Project (SEMLA) and Ministry of Natural Resources and Environment (MONRE), SEA for the Tonkin Gulf Coastal Economic Belt Development Plan was conducted in 2008. Lessons obtained from this SEA may contribute to improving methods and practicing SEAs for regional development. The main lessons summarized in this paper are: (i) close cooperation between the planning and environmental teams from the beginning phase of a master plan; (ii) SEA should focus not only on impacts to the natural environment but also on main issues of socio-economic aspects; (iii) approaches and methods used in SEA should be appropriate to properly predict the impacts at regional-levels and cumulative impacts; (iv) a good SEA study may be achieved when detailed data on the environment and socio-economy of the study area are available and have active engagement of stakeholders, including project affected sectors, ecologists, planners, policy makers, etc. This paper is useful for whom, those work in SEA in regional development.

The Economic Security System in the Conditions of the Powers Transformation

  • Arefieva, Olena;Tulchynska, Svitlana;Popelo, Olha;Arefiev, Serhii;Tkachenko, Tetiana
    • International Journal of Computer Science & Network Security
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    • v.21 no.7
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    • pp.35-42
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    • 2021
  • In the article, the authors investigate the economic security system in the conditions of the powers transformation. It is substantiated that economic security acts as a certain system that includes components and at the same time acts as a subsystem of the highest order. It is determined that the economic security system of regions acting as a system has its subsystems, which include: production, financial, environmental, innovation, investment and social subsystems. The parameters of the economic security system include relative economic independence, economic stability and self-development of economic systems, and it is proved that an important feature of economic security in addition to its systemic nature is multi-vector. It is substantiated that the monitoring of ensuring the economic security system of the development of economic systems of different levels in the conditions of the powers transformation should contain the analysis of social, economic and ecological development of regions; spheres of possible dangers of the development of regional economic systems; the nature of the threats; the degree of the possibility of threats; time perspective of economic development threats; possible consequences of losses for economic entities; the impact of threats to the object of the economic entities' activity; possible asymmetry of economic development of regional economic entities. Possible threats as a consequence of the powers transformation have been identified. A PEST analysis of the impact of factors of different nature on economic security and the development of regional economic systems in the powers transformation is carried out. A recurrent ratio is proposed for the economic security system in the conditions of the powers transformation.