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- W2346533240 abstract "The Korean developmental path has succeeded in intensified industrialization, rapid urbanization and impressive macroeconomic performance. Since the nature of the model is embedded into economic openness which requires greater exposure to external shocks, the growth-first approach failed to form a social safety net and lacked highly commodified housing, leading to serious structural vulnerability presented in the wake of neoliberal globalization. As a result, the long-standing, market-oriented prohomeownership policy was under attack as protesters complained that an important provision of the state had not been provided, redefining the role of the state in the housing sector. While the neoliberal movement forced the state to undergo structural transformation, the political economy could not sustain conventional state strategies to speed up economic growth. This process reinforced the state capacity that ameliorates uneven socioeconomic development. In fact, the state’s redistributory role has been enhanced by electoral support and strengthened unequal allocation of public resources. Accordingly, the housing market and urban landscape have been reshaped. This research examines how the housing system has changed in pre- and post-neoliberal eras, and how housing and urban spheres have been reactive to political and social pressures." @default.
- W2346533240 created "2016-06-24" @default.
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- W2346533240 date "2015-04-01" @default.
- W2346533240 modified "2023-09-29" @default.
- W2346533240 title "Neoliberalizing the Korean Housing System for Competition or Compensation" @default.
- W2346533240 hasPublicationYear "2015" @default.
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