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Infrastructure Planning and Management

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Frame of Image  Infrastructure Development Policy in Korea: A Chronological Review
2
Infrastructure and Economic Growth
 Infrastructure development has played an important role in achieving high rate of economic growth and improving the quality of life of Koreans
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Empirical studies show that infrastructure development contributed to economic growth in Korea. Studies show that the infrastructure investment in the past represents higher rate of economic return than the growth rates of Korea’s economy.
Vaguely defined infrastructure is facilities which are necessary for the functioning of the economy and society. Infrastructure is thus not an end in itself, but a means of supporting a nation’s economic and social activity, and include facilities which are ancillary to these functions, such as publicsector offices or accommodation.
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 The concept of infrastructure
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Classification of Infrastructure
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Economic vs Social infrastructure
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Economic Infrastructure: facilities essential for day-to-day economic activities.
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Transport facilities (roads, rails, airports and seaports): Today’s focus Utility networks (for water, sewage, electricity, telecommunication, etc.) Industrial parks Schools, hospitals, libraries, prisons, and social welfare facilities
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Social Infrastructure: facilities essential for the structure of society.
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 The World Bank (1994) classification of infrastructure
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Public utilities: telecommunications, power, piped water supply, sanitation and sewerage, solid w


Full Text
Title Infrastructure Planning and Management
Similar Titles
Material Type Proceedings
Author(English)

Park, Hyun

Author(Korean)

박 현

Date 2014-03
Event

Economic Development Strategy for CIS Countries

Pages 47
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < Construction
Territorial Development < Transport/Logistics
Holding KDI School of Public Policy and Management