The impacts of globalization on the urban spatial-economic system in Korea

Sang-Chuel Choe ()
Additional contact information
Sang-Chuel Choe: Seoul National University

A chapter in Globalization and Urban Development, 2005, pp 59-78 from Springer

Abstract: Abstract This chapter discusses trends in Korean urbanization during the era of increasing globalization. Much of the earlier globalization bypassed Korea except in the sense that its industrial growth was propelled forward by export expansion. More recently, however, Korea has had to face the impacts of globalization on the internal dynamics of the Korean economy and its cities: trade liberalization, market opening and foreign direct investment. This has resulted in severe adjustment problems in terms of economic structure (the transition to high-order services has probably been too slow) and the urban hierarchy (reinforcing the larger cities, especially the Seoul metropolitan region). There are opportunities and goals, e.g. to attract global events (in sports and culture) and to build up Seoul as the symbolic land bridge linking China and Japan. However, the government has not yet developed a viable trade-off between the dispersal policies aimed at achieving balanced regional development and the implicit spatial consequences (benefiting the larger cities) of accommodating globalization.

Keywords: Foreign Direct Investment; Capital Region; World City; Industrial Restructuring; Korean Economy (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-540-28351-5_5

Ordering information: This item can be ordered from
http://www.springer.com/9783540283515

DOI: 10.1007/3-540-28351-X_5

Access Statistics for this chapter

More chapters in Advances in Spatial Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().