Chapter 16 Port Governance in Korea

Dong-Wook Song and Sung-Woo Lee

Research in Transportation Economics, 2006, vol. 17, issue 1, 357-375

Abstract: Until recently, Korea has been enjoying prosperous developments in container ports along with its national economy. Korean ports have passed through a variety of port governance stages. In the early period, only the government was a player in the industry, doing everything associated with management, operations and policy. However, the industry has gradually been opened to private entities to accommodate the changed environment. This evolutional movement results in a somewhat complex picture of governance structures in Korea. This chapter aims to discuss the evolution of such movements largely in terms of administrative and ownership structures since the 1960s.

Date: 2006
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