• Title/Summary/Keyword: regional restructuring

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China's Slowdown

  • BARRY EICHENGREEN
    • KDI Journal of Economic Policy
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    • v.46 no.1
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    • pp.1-19
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    • 2024
  • This paper evaluates explanations for China's growth slowdown. The natural tendency for rapidly growing economies to slow down is a major factor, along with problems bequeathed by unbalanced growth, including a declining ICOR, slowing total factor productivity growth, and rising indebtedness. A number of other mechanisms are of lesser importance: demographics, President Xi's centralization of political power and anti-corruption campaign, and U.S. export controls. Sustaining growth in the longer term will require China to step away from investment, debt and export-fueled growth in favor of a balanced growth model with household consumption playing a larger role. Doing so will require hardening of the budget constraints of regional and local governments and restructuring of the nonperforming debts of property and construction companies.

Globalization/Localization and Organization of Economic Space (세계화/지방화와 경제공간의 조직)

  • 박삼옥
    • Journal of the Economic Geographical Society of Korea
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    • v.1 no.1
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    • pp.11-32
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    • 1998
  • Globalization of economy has a significant impact on the organization of economic Space. This paper examines the concepts of globalization and localization, major trends of the changes in the organization of economic space in the Pacific rim, and the major processes of the changes. Intra-regional trade and foreign direct investments have increased considerably in the Pacific region with the progress of globalization during the last decade. Due to the Progress of globalization of economy in the Pacific rim, some growth triangles have extended their agglomeration area beyond the national boundaries and several new industrial districts have developed. The reorganization of the economic space in the Pacific rim has been resulted from industrial restructuring of NIEs, spatial division of labor along the commodity chains, and the formation of industrial networks within the region. The ‘cooperative network strategy’has been suggested to minimize the negative effects of glocalization and for the sustainable development in the Pacific rim.

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Urbanization of Large Cities in Korea : Assessing Development Stages using Migration and Commuting data (한국 대도시의 도시화 특성 : 이동, 통근자 자료 분석을 통한 도시화 단계의 실증적 검토)

  • Kwon, Sang-Cheol
    • Journal of the Korean association of regional geographers
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    • v.17 no.5
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    • pp.536-553
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    • 2011
  • New urbanization different from the manufacturing based urban growth has been widely discussed in post-modern city, consumption city and others to reflect the urban changes in qualitative manner. Urbanization stage models consider large cities to be in mature stage, reurbanization and the stages are assumed to be experienced successively in lower sized cities. However, since the industrial restructuring implies new urbanization experiences, this study examines new urbanization in diverse aspects such as the population change and the geographic and social characteristics of commuters and migrants for the 6 large cities in Korea. Seoul follows the urbanization stages in order while other 5 large cities are divergent in their transition from the industrial city. Regional large cities reveal broad reverse commuting and selective in-migration of economically active households for better work and housing opportunities available in central cities. Similar to the consumption city thesis with enhanced cultural and recreational amenities in western cities, the widening urban residential function including housing and other services is a new urbanization characteristic of large cities in Korea.

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Study on Spatial Characteristics of Student Transfer in Southern Area of Gyeonggi Province (경기도 남부지역 학생이동의 공간적 특성에 관한 연구)

  • Kim, Hyung-Mi;Joo, Kyung-Sik
    • Journal of the Korean association of regional geographers
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    • v.17 no.6
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    • pp.679-697
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    • 2011
  • This study analyzed the characteristics of spaces to and from which middle school students transfer, especially centering around the school districts of Southern area in Gyeonggi Province such as Suwon, Osan, Yongin, and Hwaseong. This study was conducted to provide the suggestions regarding educational policies such as the positioning to appropriate school districts, improving of educational environment, and implementing of educational equity, by analyzing, based on the empirical data, the educational spaces of four cities showing rapid population growth due to recent suburbanization. The characteristics of distribution of variables such as schools for each district affecting the student transfer, housing development, and socioeconomics in the research object region are mainly analyzed through the correlation analysis, multiple regression analysis, and cluster analysis. As a result, there is shown a distinct spatial difference between school districts of the cty downtown and urban fringe, and between school districts of the conventional cities(cities that have been from the past: note of translator) and new land development regions. First, the school districts in the city downtown showed lots of transfers between neighboring school districts, while the school districts in the urban fringes showed transfer-out tendencies strongly. Second, it was the new land development regions where the transfer-in rate is the highest in the Southern area of Gyeonggi Province. Third, the said new land development regions required the supply of educational installations and educational support that can meet educational demands, since these regions have relatively lower qualitied educational environments compared to the conventional cities where the fluidity of students is lower. Fourth, in the summary of all of the said three results, the student transfer in the southern area of Gyeonggi Province was shown in the spaces centering around the multi-core area by reflecting the restructuring of suburban area.

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Impacts of Immigrant Workers on Regional Economy in S. Korea (이주노동자의 유입이 지역경제에 미치는 영향)

  • Choi, Byung-Doo
    • Journal of the Korean association of regional geographers
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    • v.15 no.3
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    • pp.369-392
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    • 2009
  • Recently international movements of labour as well as those of goods and other production elements such as capitals and technology have been increased rapidly under the process of glocalization. The huge amount of immigrant workers' in-flows makes increasing influences on regional economy in South Korea. This paper examines such impacts of immigrant workers on local labor markets, productivity. and industrial composition and innovation on the basis of analysis of empirical data and review of existing literature on the subject. Despite a problem of simplification, some reasoning can be listed as follows: First of all, the inflow of immigrant workers has an effect of job displacement among domestic simple workers, with duel effects on the status of native workers; secondly, Immigrant workers give a positive effect on local productivity, but only with low level of wage and of purchasing power; thirdly, the in-flow of immigrant workers seems to prevent existing industries from transformation towards new ones and/or from automation and innovation of production facilities, while there seems no clear relationship with foreign direct investments of local firms.

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The Construction of the New Administrational Capital and Prospects of Development of the Capital Region (신행정수도 건설과 수도권의 발전 전망)

  • Choi, Byung-Doo
    • Journal of the Korean association of regional geographers
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    • v.10 no.1
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    • pp.34-52
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    • 2004
  • This paper aims to examine the construction of the new administrational capital planned by the current government in terms of uneven regional development, and consider important tasks and prospects of the development of the Capital Region. The over-concentration to the Capital region and thereby ever-increasing socio-spatial problems since the 1960s seems to be a crucial aspect of uneven regional development inherent in the process of capitalist development. The construction of the new administrational capital hence can be seen as a version of what Harvey calls 'spatio-temporal fix'. On the other hand, some tasks and prospects of the development of the Capital region can be suggested to become a world city-region. Therefore, it fan be argued that the construction of the new administrational capital would produce its maximum effects, when it will conducted with policies of regional decentralization to overcome or reduce the ongoing uneven geographical development and those of economic and spatial restructuring of the Capital region to resolve or mitigate its socio-spatial problems and lead to a further development as a world city-region as well as a systematic planning of the new administrational capital itself.

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A Study on the Regional Patterns of Income and Urban-Rural Disparity in China: Hypothesis Testing of Williamson and Amos (중국의 소득 및 도·농간 지역격차 패턴에 관한 연구 : Williamson과 Amos의 가설검증)

  • Kim, Jong-Sup;Jang, Hun;Zhang, Rui
    • International Area Studies Review
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    • v.17 no.4
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    • pp.67-88
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    • 2013
  • The purpose of this study empirically examines the pattern of regional disparities on the level of development in China's eastern, central, western and northeast regions for the period 1978-2012. To do this, it test Williamson's inverted-U hypothesis and Amos' augmented inverted-U hypothesis, focusing on polarization, polarization reversal, and spatial restructuring. Results of study are as follows: In the absolute economic disparity(AED) models of per capita income within a region, the Williamson's inverted-U hypothesis was supported in the eastern region, central region and inter-region model. The central region and the western region supports Williamson's hypothesis in the case of the relative economic disparity(RED). On the other hand, The inter-region model and the western region supports Amos' augmented inverted-U hypothesis in model of per capita income. In the urban-rural income economic disparity model, the inter-region model of AED and the central region of RED supports Amos' augmented inverted-U hypothesis. But the Williamson's inverted-U hypothesis was supported in the inter-region model and the western region in RED.

A Study on Regional Competitiveness of the Part Material Industry (소재·부품산업의 지역경쟁력 분석)

  • Kim, Dae-Jung;Ko, Kyoung-Ho
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.1
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    • pp.401-408
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    • 2020
  • The purpose of this study to analyze the regional competitiveness of the part material industry in Korea. According to the analysis, there was an empirical regional difference in the part material industry in Korea: in the Seoul Metropolitan Area, the industrial scale was found to be relatively small, although many companies were observed to be in the growing stage; in the Chungcheong region, it was estimated that the industrial scale is large, and many companies were found to have already reached the maturation stage with high growth rates; and in Honam and Jeju, Daekyung and Gangwon, and Dongnam, although the scale of the part material industry was found to be large, many companies were observed to be in the declining stage with low growth rates. This study also conducted an analysis based on LQ (Location Quotient) and RLQ (Relative efficiency of Labor Quotient). The analysis showed that industrial policies regarding workforce planning and industrial restructuring should focus on improving the productivity of the entire part material industry. Lastly, this study examined the competitive part material industry for the five regions by analyzing the RCC (Regional Competition Component). The findings of this study will be helpful in exploring ways to support the domestic part material industries in each region.

A Study on Characteristics of Deterioration of Industrial Complex in Inner City - A Case Study on the Third Industrial Complex of Daegu - (도시내부 산업단지의 노후화 특성에 관한 연구 - 대구 제3산업단지를 사례로 -)

  • Song, Ju-Youn
    • Journal of the Korean association of regional geographers
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    • v.14 no.3
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    • pp.224-238
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    • 2008
  • Traditional industrial complex in inner city has been getting stagnant and deteriorating because of the improvement of industrial structure and change of the city's spatial restructuralization. Third Industrial Complex is also characterized by the deterioration in the field such as the reduction of average number of the workers and the amount of production, the change of main types of business, subdivision of many parts, and the change of the price of land. Thus, local government is planning to change the complex into a high-tech industrial complex in the inner city. On the other hand, the companies which are undergoing the direct deterioration do not fully recognize the government plan to redevelop the complex, and there is no counter measure against the stagnation and deterioration. Therefore, the local government must have much time to discuss and have a consensus with the companies in the complex, and organize the control office which is able to mediate between the local government and the companies.

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The Financial Crisis of Korean Economy and the Changing Economic Space of Gwangiu City (IMF금융위기와 광주권 경제공간의 변화)

  • 김재철
    • Journal of the Economic Geographical Society of Korea
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    • v.3 no.1
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    • pp.5-20
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    • 2000
  • Recently as globalization of financial capital is progressed, possibility of crisis and unreliability of world economy is more growing. Korean economy required radical restructuring because of the financial crisis and the economic changes occurred in that process. This study is to explain the economic changes of Gwanagju city is produced by the financial crisis of Korean economy The most important industries are service and transportation equipment in Gwangju city. These industries began to decrease after financial crisis but machinery equipment, electrical machinery & electronics and rubber goods & plastic industry is growing relatively. Because of the decrease of service, the economy of inner city which service industry relatively agglomerated in is reducing. And agglomeration space for the optical photonics industry was built up by the upbringing policy of government on high-technology industry to overcome the economic crisis and micro industrial space such as venture building and establishment nursery center was built up. But high-technology industries have many geographical limits to embed in Gwanagju city, so there needs to construct regional innovation system for knowledge based economies

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