Globalization, Foreign Direct Investment, and Urban Growth Management: Policies and Conflicts in Vientiane, Laos

Title
Globalization, Foreign Direct Investment, and Urban Growth Management: Policies and Conflicts in Vientiane, Laos
Authors
최창규
Keywords
Globalization; Foreign direct investment; Urban growth management; Growth management policies; Vientiane; Laos
Issue Date
2015-01
Publisher
ELSEVIER SCI LTD
Citation
LAND USE POLICY, v. 42, Page. 790-799
Abstract
This research focuses on the conflicts between urban growth management (UGM) in urban planningpolicy and the growing influence of globalization and foreign direct investments (FDI) in Vientiane, thecapital of Laos. In order to answer the question, “Does FDI affect UGM in the capital city of Laos, Vien-tiane?” the article explores significant decrees, mandates, technical reports, field surveys, and interviews.The results revealed that FDI has been an important instrument in Vientiane for boosting the economyand supporting urban growth. On the other hand, core conflicts emerged between government growth-management policies and the spatial impact of FDI regarding transformations of land use, the physicalenvironment, sociocultural values, and collaboration stages. Moreover, globalization and FDI not onlyinfluence economic growth, but also affect the implementation of UGM in Vientiane. Although the urbanplanning sector has been rather strict, the investment sector prefers to encourage both FDI and domesticinvestments by giving incentives. Therefore, to achieve more balanced development for this “least devel-oped country,” collaboration between similar relevant institutions (e.g., planning, investment, and landmanagement) should be considered necessary long-term strategies.
URI
http://hdl.handle.net/20.500.11754/21065http://www.sciencedirect.com/science/article/pii/S0264837714002208
ISSN
0264-8377
DOI
http://dx.doi.org/10.1016/j.landusepol.2014.10.003
Appears in Collections:
COLLEGE OF ENGINEERING[S](공과대학) > URBAN PLANNING(도시공학과) > Articles
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