Reshaping Regional Policy
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Reshaping Regional Policy

Edited by Harry W. Richardson, Chang-Hee Christine Bae and Sang-Chuel Choe

Originally initiated by the Presidential Committee on Regional Development in South Korea, this wide-ranging volume investigates the new directions in regional development policy taking shape around the world. In addition to contributions with individual emphasis on regional policy in Korea, the book compares, contrasts and extends regional policy thought in the European Union and other Asian countries.
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Chapter 20: Building a Regional Governance System for Mega-Economic Regions in Korea

Yong-Woon Kim

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20. Building a regional governance system for mega-economic regions in Korea Yong-Woon Kim INTRODUCTION The Korean government has undertaken a significant change in regional development policy to enhance the competitiveness of regional economies. The Korean government has established mega-economic regions that contain two or three subnational administrative units. There are now 16 provincial and metropolitan governments. The creation of mega-regions is designed to enhance the competitiveness of regional economies and to obtain economies of scale for public investments in regional development. There are five major mega-economic regions and two smaller regions. Each of the five major mega-economic regions contains two or three regional governments, while the two smaller ones contain no other regional governments except local ones because of their isolated geographical locations. This chapter proposes an ‘inter-’ and ‘intra-’ regional governance system to facilitate economic promotion and development in the mega-economic regions. Because mega-economic regions contain different regional governments, it is essential to have efficient coordinating frameworks or systems in which regional governments and organizations can work together in a collaborative manner. This chapter consists of three main sections. The first deals with the definitions, typology and rationale of governance. It describes the nature of the regional governance system. It is followed by a discussion of recent government policy goals and strategies for the creation of mega-economic regions. The last section highlights policy directions and strategies for the creation of a comprehensive regional governance system that is suggested for the successful implementation of mega-economic regional development. 329 M2551 – RICHARDSON...

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