Economic Growth, Low Income and Housing in South Korea

Economic Growth, Low Income and Housing in South Korea
Author: Kim Woo-Jin
Publisher: Springer
Total Pages: 262
Release: 1997-01-12
Genre: Business & Economics
ISBN: 1349250791

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'...a wide-ranging, scholarly and humane book which should be read by anyone seriously interested in this country.' - David Donnison From the devastation of the Korean war, there emerged one of the most dynamic, rapidly growing economies the world has ever seen. Starting from a concern about the housing of people struggling to survive on low incomes in the cities of South Korea, Kim Woo-Jin throws light upon the whole development of Korean society since the civil war. He argues that housing has played a central part in both the development of the economy and its more recent slowdown. In the future, housing policies may play their part in resisting the destructive forces that the probable reunification of North and South will bring and recreate hope for the future.

Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal

Korea’s Paradigm Shift for Sustainable and Inclusive Growth: A Proposal
Author: Yangkyoon Byeon
Publisher: International Monetary Fund
Total Pages: 41
Release: 2017-11-17
Genre: Business & Economics
ISBN: 1484330390

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Korea is facing mounting economic challenges. Productivity growth has been on a trend decline amid demographic headwinds, while the societal demand for inclusive growth has been on a steep rise. Furthermore, the government-led unbalanced growth model—which served Korea well in the past—has become less effective and politically palatable in recent years. As such, Korea needs a major paradigm shift to embark on a new sustainable and inclusive growth path. But policy response has been modest at best with no major reforms being implemented over the past two decades. We propose a paradigm shift in Korea’s economic framework, involving a simultaneous big push for greater economic freedom and stronger social protection within the parameters set by long-run fiscal sustainability. We also provide a detailed account of structural reforms to boost economic freedom and sustainable funding plans for stronger social protection.

Housing in a Newly Industrialized Economy

Housing in a Newly Industrialized Economy
Author: Il-Seong Yoon
Publisher:
Total Pages: 232
Release: 1994
Genre: Political Science
ISBN:

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Analyzes Korea's structure of owner-occupied housing provisions in light of the rapid urbanization of the country over the past few years. Places the analysis within an account of the larger relations between the state and the economy, details the social and economic consequences of recent housing policies, and argues that conventional studies based on state-centered social policy analysis or neoclassical economics are not sufficient. Distributed in the US by Ashgate. Annotation copyright by Book News, Inc., Portland, OR

Megacity Seoul

Megacity Seoul
Author: Yu-Min Joo
Publisher: Routledge
Total Pages: 142
Release: 2019-01-09
Genre: Social Science
ISBN: 1315277999

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In Asia, there are a growing number of gigantic megacities, accompanied by a series of speculative and extravagant megaprojects. Amid the fast-paced urban and development challenges, many Asian governments have been searching for replicable and inspirational cases in Asia. South Korea and its capital city, Seoul, are among frequently referenced models. However, South Korea’s "economic miracle" in the late twentieth century has been mostly studied through an economic policy lens. This book revisits the development of South Korea by looking at its urban dimension and exploring the city of Seoul as a developmental megaproject. Offering an alternative to the focus on economic policies when it comes to explaining South Korea’s development successes, Joo looks at the urbanization that took place under the guidance of the strong developmental state. She provides empirical evidence of the "property state" at work, both complementing and supporting the developmental state. She also analyzes why and how Seoul was able to emerge as an important Asian global city and a global front-runner in terms of ambitious and pioneering urban investments, despite its relatively recent history marked by massive slums and urban poverty. This book provides an analytical framework for studying South Korea’s modern development under capitalism as a precursor to East Asian urbanism and development. It paints a comprehensive story of how cities have been politically and economically important to Korea’s development experience and are increasingly becoming a new mode of development.

Housing East Asia

Housing East Asia
Author: J. Doling
Publisher: Springer
Total Pages: 181
Release: 2014-01-21
Genre: Political Science
ISBN: 1137314524

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Housing policy has been central to the economic success stories of the major East Asian economies as well as a pillar of social and welfare provision. This book explores not only the development of their distinctive approach, but also the challenges posed in recent years, and currently, by rapid socio-economic and demographic change.