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Retrospect and Prospect on Regional Industrial Policy in South Korea: The Case of Gwangju-Chonnam Region

The Journal of Development and Administrative Studies

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Title Retrospect and Prospect on Regional Industrial Policy in South Korea: The Case of Gwangju-Chonnam Region
 
Creator Lee, Sang-Ho; Professor of Economics, Brain Korea-21 plus program, Department of Economics, Chonnam National University, 77 Yongbong-Ro, Bukgu, Gwangju, 500-757, South Korea
Kim, Seung-Leul; Post-doctoral researcher of Brain Korea-21 plus program, Department of Economics, Chonnam National University, 77 Yongbong-Ro, Bukgu, Gwangju, 500-757, South Korea
 
Subject Economics
Regional industrial policy, industrial structure enhancement, regional specialized industry, global open competition
 
Description Gwangju-Chonnam region has long been recognized as an economically hollow region of South Korea. Even though there have been various kinds of policies and investments to vitalize its economy not only from central government, but also from local governments, its relative position in the country is not much changed. This paper is devoted to examine the industrial structure enhancement policies in Gwangju-Chonnam region in South Korea. First, we review the history of regional industrial policy implemented in Gwangju-Chonnam region, and present some policy considerations on regional economic innovation. Second, we classify regional policy directives by historical period, describe policy contents of each period, and discuss the limitations of regional policies adopted by the local governments, after pointing out important factors in selecting regional specialized industry by regions. Finally, under the economic environment faced with global trend of open competition, a brief policy recommendation is suggested in the conclusion.The Journal of Development and Administrative Studies, Vol. 22, No. 1-2, pp. 51-66, 2014
 
Publisher Centre for Economic Development and Administration (CEDA)
 
Contributor
 
Date 2015-09-22
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier http://www.nepjol.info/index.php/JODAS/article/view/13464
10.3126/jodas.v22i1-2.13464
 
Source Journal of Development and Administrative Studies; Vol 22, No 1-2 (2014); 51-66
2091-0339
 
Language eng
 
Relation http://www.nepjol.info/index.php/JODAS/article/view/13464/10832
 
Coverage South Korea


 
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