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Compensation valuation system for urban development in the Republic of Korea : Policy implication to the developing countries

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  • Compensation valuation system for urban development in the Republic of Korea
  • Jung Hee-nam; Yoo, Seon-Jong; Kim, Won-Bo; Yoo, Ki-Yong; Heo, Kang-Moo; Seo, Gyeong-Hwa; Park, Seong-Jin; Kim, Gi-Seon
  • Korea Research Institute for Human Settlement


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Title Compensation valuation system for urban development in the Republic of Korea
Similar Titles
Sub Title

Policy implication to the developing countries

Material Type Reports
Author(Korean)

Jung Hee-nam; Yoo, Seon-Jong; Kim, Won-Bo; Yoo, Ki-Yong; Heo, Kang-Moo; Seo, Gyeong-Hwa; Park, Seong-Jin; Kim, Gi-Seon

Publisher

Gyeonggi-do:Korea Research Institute for Human Settlement

Date 2012
Series Title; No KRIHS Research Report / 2012-6-1
ISBN 978-89-8182-908-7
Pages 138
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Territorial Development < National Land Development
Holding Korea Research Institute for Human Settlement

Abstract

Recently, many developing countries in Asia have rapidly industrialized and urbanized. They have faced the urgent need to conduct urban development and install urban/industrial infrastructure to accommodate such rapid urbanization and industrialization. In conducting urban development, they have realized to acquire land from private landowners, which requires just compensation with due process. In devising their own land acquisition and resettlements (LAR) system and also compensation valuation system, those countries have looked for the adequate cases from other countries. Korea becomes one alternate case country. Korean LAR system was already introduced in English 3 years ago. This study is subsequent research aiming to introduce Korean compensation valuation system to developing countries. (The rest is omitted.)

User Note

The text reflects solely the views of the authors. The report does not necessarily reflect the views and policies of the governments of Republic of Korea.