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A study on the long-term investment strategies of social overhead capital

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Authors

Kwon, Hyuck Chang

Issue Date
1992
Publisher
Graduate School of Public Administration, Seoul National University
Citation
Korean Journal of Policy Studies, Vol.7, pp. 125-137
Abstract
Social overhead capital (SOC) is the basic requisite of national economic activities,
which is directly related to competitive power in industry and to the quality of people's
living. The improper investment and poor management system concerning
SOC during past years caused the lack of SOC facilities in many areas. Furthermore,
expected future environment such as: an abrupt increase in SOC demand, a limitation
of natural resources, the change of both political and economical situation in
and outside the country, the change of the consumers' behavior, the rapid rise of
land value will make SOC problems even more difficult. Therefore it is right time to
study the long-term investment strategies of SOC for coming 21st century that may
provide SOC systematically and efficiently.
ISSN
1225-5017
Language
English
URI
https://hdl.handle.net/10371/70288
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