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Overview of infrastructure policies in Korea

Related Document
Frame of Image History of the term “Infrastructure”
 Oxford English Dictionary ○ Originally came into use in a military sense ○ It came from French word subgrade ○ A combination of the Latin prefix infra, meaning below”, and structure“ ○ This term was first used in military use in the 1940s, and then was adopted by urban planners in the 1970s
 Ancient Rome ○ Moles Necessarie (Great Enterprises of Necessity)
4
Types of Infrastructure
 Different Attribute
○ “Hard” vs “Soft”, “Economic” vs “Social”, “Network” vs “Others”
 Hard Infrastructure
○ Transport ○ Water Management, Communication ○ Energy, Waste management, etc.
 Soft Infrastructure
○ ○ ○ ○
5
Economic(Industrial Park, SEZ, Banking, etc.) Social(Educational, Health, Social welfare, etc.) Cultural, Sports and Recreational Governance(Law, Emergency Service, Military, etc.)
Role and Characteristics of Infrastructure
 The Role of Infrastructure
○ Agent for economic development
− The development of infrastructure networks is intimately connected with the process of economic growth
○ Improve people’s quality of life
 The Characteristics of Infrastructure
○ ○ ○ ○ ○
6
Promote and support to economic development indirectly Large size of capital requirement and long-term Lumpiness and indivisibility Monopolistic and externalities Multiple objectives - efficiency, equity, and sustainability
The New Institutional Paradigm
 As of 1990s
○ In almost every country in the world, infrastructure services were provided by monopoly state-owned en


Full Text
Title Overview of infrastructure policies in Korea
Similar Titles
Material Type Proceedings
Author(English)

Kim, Jaeyoung

Author(Korean)

김재영

Publisher

[Seoul]:KDI

Date 2013-04
Pages 86
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Territorial Development < National Land Development
Holding KDI School

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