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This paper discusses issues and policy orientations for the new regional policy of the Park Geunhye government. The idea of the Regional Settlement Areas is the most important policy instrument of the Park Geunhye government which has been originated from the regional policy of the Lee Myung-bak administration. The Regional Settlement Areas are characterized by the unbounded region and cooperative governance among local governments which are important characteristics of the new regionalism. However, there are many important issues to be addressed. This paper discusses the problems and issues of the unbounded region and cooperative governance system. In particular since the policy of the Regional Settlement Areas is supposed to be organized and implemented by the cooperative governance system without the interventions of the central government, many obstacles are expected. In this context, this paper suggests a combined model of cooperative governance through the meta analysis. Based on the model this paper discusses some strategies and instruments for the promotion of regional governance system.

The cooperative regional development policy is one of the key concepts recently rising in the field of alternative regional development, especially due to the financial shortage of local and central governments. This paper aims to examine how to prepare the regional cooperative development policy of Park Geun-Hye's administration. For this purpose, this paper first reviews the theoretical background of cooperative regional development mainly focusing on the extraction of policy implications. Next, this paper examines the cooperative regional development policy of the previous administrations in the aspects of the performances and limitations of the policy with regard to institution setting and implementation of the policy. Lastly, based on the aforementioned review and analysis of the previous policy implementation, this paper proposes new directions and implementation tasks of the cooperative regional development policy for Park Geun-Hye's administration, which is focused on the sector, actor, contents and place-integrated approach.

Since the 1960’s, as promoting rapid modernization and industrialization, we have experienced urbanization simultaneously in Korea. It is odd that industrialization was conducted at the same time as urbanization in Korea though people in the West experienced urbanization after the industrialization. But another characteristic of our urbanization is that it was achieved only within 30 to 40 years whereas it took two centuries in the West. In the process of this rapid urbanization, urban conditions in Korea did change also speedily. Along with these changes, the inner city of a region came in decline rapidly, which resulted in a variety of problems. Among those, the matter of the inner city’s declined commercial function was highlighted as an even bigger social issue that shook the ground of regional economy. Hence, after 2002, various institutional measures were started to be built genuinely in order to vitalize the traditional market located in the major commercial zone of the inner city. However, the vitalization policies were promoted uniformly within the range of the system led by the government without considering its autonomy or competitiveness, so unless the governmental support continued, the project just stopped there very often. To solve this problem, the private sector as well as the government need to make various and new attempts now. Therefore, this study aims to examine the problems of political projects related with the commercial supremacy vitalization system that was first applied to the commercial zone of an inner city. To figure out the problem, the study will comparatively analyze the policies of major advanced countries (England, the US, Japan) that introduced and have been practicing the concept and policy for commercial supremacy vitalization systematically from a long time ago. With this, the paper is going to find out the direction that the policy should pursue to activate the commercial supremacy vitalization project in the inner city commercial zone of a local region.

The goal of this research is to explore policies and locational change patterns of industrial complex to suggest policy implications for industrial complex development and regeneration in Korea. The major findings of this study are as follows. First, the size and type of industrial complex are showing different characteristics depending on the region. Second, the type and economic impact of industrial complex are showing different characteristics depending on the time of the designation. Third, the changes of location center of industrial complex may appear differently according to industrial complex characteristics, Fourth, the deregulation of policy and licensing procedures of industrial complex was increased industrial complex rapidly. Finally, Since 2020, the old industrial complex is expected to increased rapidly. Accordingly, the establishment of an early industrial complex regeneration strategy is needed. Therefore, the policies for industrial complex development and regeneration are needed in consideration of spatial patterns and locational attributes of industrial complex.

In recent times, local small cities in Japan are facing difficulties due to the environments around downtowns such as the reduction in population, the aging of managers and the changes of commercial structure. At the instigation of the government, each local government is pushing ahead with various downtown revitalization policies, but they have hardly brought effect. For that reason, they are in urgent need of plans to clean up the cause for decline of downtowns and to improve the political effect. This study classified types of cities, depending on the changes of urban functions inside cities and the rise and decline of cities, and analyzed rise and decline properties of each type of city, targeting 62 local small cities where got approval for downtown revitalization basic planning from the Japanese government. For the study, 10 rise and decline types of downtowns were set, and characteristics of individual types were analyzed. As a result, each type showed rise and decline characteristics of cities, and this study demonstrated the influence of each field on downtown revitalization, the degree of rise and decline in downtowns, the relation between the scale of city, and the rise and decline rate of downtown, the effect of the downtown revitalization policy and the cause for decline of downtowns. Through analysis of rise and decline characteristics of local small cities and its causes, this study aims to propose future direction of policy deployment by suggesting fundamental principles which should be considered when central and local governments carry forward activation policies.

The purpose of this study is to evaluate the planning methods of central place of basic settlement area and to propose the improved alternatives under the changing policy environment. For this purpose, we reviewed "Manual for General Rural development Projects, 2013"(Ministry for Food, Agriculture, Forestry and Fisheries) and "Report of total survey on Comprehensive Improvement Project of Eup․Myon, 2012"(Korea Rural Community Corporation) and analysed the plans for improvement of the seat of Eup or Myon. There were found out some problems which hindered effectiveness of rural center planning as follows; biased objectives of comprehensive improvement project of Eup(Dong)Myon, planning target of central place without distinction, range and type of projects centering around hardware, inefficient planning and implementation process, etc. Based on these findings, There were proposed improved alternatives of rural center planning methods such as providing differential planning guideline according to functional level of central place, diversifying the object field(living environment and natural environment, economic diversification, socio-cultural facilities and program) and devising diverse software program, applying urban and regional regeneration techniques, and improvement of planning system for comprehensive improvement project of Eup(Dong)Myon.

This study aims at improving the evaluation system of regional development projects. The evaluation system should be geared with the quality of regional policy. But existed evaluation system cannot cover all the spectra of regional development projects, from the policy formation to the finishing stage of regional development projects, because the evaluation criteria tend to be focused on the results or achievements only. In this situation, the existed system fails to verify the necessity or validity of regional development projects, causing hyper-investment in regional development projects. For this purpose, this paper suggests to extend the existed evaluation system to the triad evaluation system consisting of three models such as the evaluation model for the initiatives, the model for the results or achievements, and the model for the management of planning or policy formation. The evaluation model for the initiatives of regional development projects includes 3 criteria such as verifying the necessity of project, defining stakeholder, and distinguishing the public sector from the private sector. The results or achievements of regional development projects in this paper are defined from governance point of view, and social capital point of view. Therefore, the evaluation model for the results or achievements includes 4 criteria from governance point of view, and 5 criteria such as trust, participation, networks, social norm or institution capacity and altruism. And the last, the evaluation model for the management of planning or policy formation includes 2 areas, substantial and procedural area respectively. In this model, the substantial area has 5 criteria such as targets, regional survey, priority order of projects, defining variables related with the project, and the distribution of spatial functions. The procedural area in this model has 8 criteria such as identifying regional problems, setting up goals and objectives, predicting the future situation, forming and comparing alternatives to the goals, implementing the project, evaluating the results or achievements, satisfying the due process of laws, and citizen's participation.

The incentives provided by the setback requirement in the District Unit Plan give the landowners attractive opportunity to get more benefits. And the setback gives the pedestrians comfortable walking spaces and better view of streets. But the incentives which each lots ar able to get is different according to the situations of each lots. If the landowners are not able to get higher FAR through the setback, they won't to setback their buildings. The goal of this research is to investigate the situations of each lots as examples of Teheran-ro District Unit Plan Area in Gangnam-Gu and to analyse the alternatives to improve the management system of District Unit Plan The results of this paper have proved that it is not able to get the incentives through providing the open space in front of the building when the standard FAR is not high enough. So, this paper suggest that it is needed more flexible guideline to encourage the incentive system in the District Unit Plan

This study aims to investigate the effect of Sale and Leaseback(SLB) agreements on price differentials between SLB and non-SLB transactions. Under SLB agreements, corporations simultaneously sign the lease agreements for properties being sold.. Previous studies found that Firms agree to SLB for various reasons, such as taxation, accounting, and finance; finance was the largest driving force of all. Studies have also depicted a positive correlation of the SLB announcements to the stock market, such news producing positive returns to the shareholders. Not much studies, however, have been conducted on the impact of SLB on transaction prices. Using a set of data on SLB transactions, this study examines the price impact on commercial property transactions in Seoul's office market. Out of 656 transactions overall, we have selected 551 for sufficient analysis. Among them, 74 cases were SLB transactions, representing 13.4% of the sample. Multi-variate regression results reveal that transactions structured as SLB occured at lower prices than non-SLB transactions when all other conditions were equal. Specifically, the correlation coefficient of SLB dummy variable was -0.13, indicating that SLB transactions occurred at a discounted price of 12.2%. Further studies are required to better understand the determinants of price differentials in SLB transactions.

As the supply of the industrial land shifts from the supplier’s market to the buyer’s market, the time-periodic, regional, and industrial inequality of supply and demand has emerged as the issues instead of aggregate problems. This study examines the regional industrial characteristics and raises a problem of the difference between industrial supply and market demand in the aggregate aspects by using the empirical data. The regional industrial characteristics are analyzed by using the number of industrial businesses and of employees, changes in production, location quotient analysis, and shift-share analysis. For demand estimation, net demand growth of plottage is estimated by using the method of a unit, and industrial aggregate demand and market demand were estimated excluding the unsold area and the planned area from the estimated value. As the result of the analysis, the supply of industrial lands is aggregately anticipated to be enough, but the additional demand centered on a growth industry is necessary for the analysis on the specified industry. In conclusion, the effective construction, supply, and management system of the industrial land are required to supply the customized industrial land for the desired location of the market.