@article{ART002085057},
author={Suh, Soon-Tak},
title={A Study on the reform of the land development recapture system in the period of low economic growth in Korea},
journal={Public Land Law Review},
issn={1226-251X},
year={2016},
volume={73},
number={2},
pages={65-81}
TY - JOUR
AU - Suh, Soon-Tak
TI - A Study on the reform of the land development recapture system in the period of low economic growth in Korea
JO - Public Land Law Review
PY - 2016
VL - 73
IS - 2
PB - Korean Public Land Law Association
SP - 65
EP - 81
SN - 1226-251X
AB - Recently the reform of land development recapture system has attracted interest from policy-makers and academics in the period of low economic growth in Korea. Although the land development recapture system is effective, the system doesn't have ever been enacted in the period of low economic growth. Many economists predict that the Korean economy will be decreased constantly in the future. In this context, this paper is aimed at suggesting the policy implications through institutional analysis of the land development recapture system.
The major policy implications are summarized as follows: Firstly, it is necessary to redefine development gain and its recapture system. Secondly, it is needed to improve sharing costs of public facilities among relevant actors. Thirdly, the imbalance between the development area and its peripheral area in the recapturing development gain will be removed. Finally, this study suggests that the rationality and transparency of the development gain recapture system is essential for the period of low economic growth.
KW - land development;development gain;development gain recapture system;low economic growth
DO -
UR -
ER -
Suh, Soon-Tak. (2016). A Study on the reform of the land development recapture system in the period of low economic growth in Korea. Public Land Law Review, 73(2), 65-81.
Suh, Soon-Tak. 2016, "A Study on the reform of the land development recapture system in the period of low economic growth in Korea", Public Land Law Review, vol.73, no.2 pp.65-81.
Suh, Soon-Tak "A Study on the reform of the land development recapture system in the period of low economic growth in Korea" Public Land Law Review 73.2 pp.65-81 (2016) : 65.
Suh, Soon-Tak. A Study on the reform of the land development recapture system in the period of low economic growth in Korea. 2016; 73(2), 65-81.
Suh, Soon-Tak. "A Study on the reform of the land development recapture system in the period of low economic growth in Korea" Public Land Law Review 73, no.2 (2016) : 65-81.
Suh, Soon-Tak. A Study on the reform of the land development recapture system in the period of low economic growth in Korea. Public Land Law Review, 73(2), 65-81.
Suh, Soon-Tak. A Study on the reform of the land development recapture system in the period of low economic growth in Korea. Public Land Law Review. 2016; 73(2) 65-81.
Suh, Soon-Tak. A Study on the reform of the land development recapture system in the period of low economic growth in Korea. 2016; 73(2), 65-81.
Suh, Soon-Tak. "A Study on the reform of the land development recapture system in the period of low economic growth in Korea" Public Land Law Review 73, no.2 (2016) : 65-81.
