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A study on evaluating environmental value for deciding port location

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I. INTRODUCTION
1. Background and Purpose of Study
For a long time there have been many conflicting opinions regarding various land development projects including port development, as to whether it was more important to develop or to preserve. Before 1980s with the eye set on national development and public good, land development was pursued giving priority to those development through which it was possible to reap visible effects from economic point of view. However entering the 1990s, overall losses caused by indiscriminating land developments were presented, giving recognition to utilization and value of environment. This has caused present tension between those asserting development and those upholding preservation.
In order to solve this problem, the environmental economics, as a branch of economics base on utilitarianism, was formed in the western nations including the United States. Undergoing repeated academic development, various methods for evaluating
environmental values for problem solving have been created.
Rising above obscure confrontations between development and preservation of the past, environmental value evaluation methods began to be applied as means for discovering whether it was more beneficial 'to develop' or 'to preserve' a certain project from the aspect of economics. This was done by analyzing the value of environmental assets that would be lost as a result of development and comparing such losses with the benefits that will be gained fr


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Title A study on evaluating environmental value for deciding port location
Similar Titles
Material Type Reports
Author(English)

Yeon, Yeong-Jin

Publisher

[Seoul]:KDI School of Public Policy and Global Management

Date 1999
Pages 35
Language English
File Type Documents
Original Format pdf
Subject Territorial Development < Transport/Logistics
Territorial Development < Environment
Holding KDI School of Public Policy and Management