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A Study on Decentralized Regional Development System: A Political Economic Analysis

  • The Korea Spatial Planning Review
  • 2006, 49(), pp.-
  • Publisher : 국토연구원
  • Research Area :

Sung-Bae Kim 1,  Young Hwan Jin 2

1숭실대학교
2국토연구원

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ABSTRACT

Upon the premise that the current regional development system controlled by central government has been ineffective, this study proposes as an alternative a decentralized regional development system led by local government. Unlike the researches on this subject thus far, this study applies a political economic perspective to analyse the problems of the current system and to derive the alternative. To this end, the key characteristics of the current system are scrutinized and a discussion of logical validity and limitations of the system is followed. Given the shortcomings of the current system, the study proposes a decentralized regional development system led by local government and conclude with the discussion on some of the key points to be addressed for a smooth implementation of the system. The major advantage of alternative system would be the properly aligned incentive structure in which those who initiate the regional development projects correspond to those who benefit from such efforts.

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