| Title |
A Study on the development of the road to local economy |
| Authors |
Lee, Yong-Su ; Shin, Ho-Nam |
| Keywords |
Road ; local economy ; decentralization ; SOC |
| Abstract |
A road is an infrastructure that helps boost up growth of local economy, connections among local communities and living conditions. For South Korea, the increase in infrastructures like roads now concentrates on specific regions, which causes regional imbalance. also, some areas are faced with the overall weakness of local economy such as decrease in local tax revenues, slowdown in industrial and economic growth of regions, and the low independence of local finances because lack of roads, a basis of local economic growth, make big and smaller business reluctant to invest in localities. In addition, even though the power-centralized age turns to a decentralized age, the preference of development policies by the existing economic size rather than those of nationwide balanced development gets the economic gap of localities deeply-rooted; moreover, disparity of local wealth has a tendency to even differentiate the overall quality of living. The paper intends to analyze relations between road development and local economy focused on road construction, one of requisites to balance national development and accelerate local economy. |