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Understanding Regional Balanced Development in Korea

Author

Listed:
  • Yoo, Yiseon

    (Korea Institute for Industrial Economics and Trade)

  • Hong, Jang Jae

    (Regional Policy Research Institute)

Abstract

In this article, we propose a definition for “regional balanced development,” drawing from works in the literature and an analysis of its elemental terms. We briefly review the history of regional balanced development (RBD) in Korea and explore the directions future policy may take.

Suggested Citation

  • Yoo, Yiseon & Hong, Jang Jae, 2024. "Understanding Regional Balanced Development in Korea," Industrial Economic Review 24-23, Korea Institute for Industrial Economics and Trade.
    • Handle: RePEc:ris:kieter:2024_023
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    More about this item

    Keywords

    balanced development; regional development; regional inequality; demographic change; demographics; population aging; local extinction; Korea; KIET;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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