| 요약2 |
This study aims to identify policy effects of the Bundang new town development project such as effectiveness, efficiency, equity, and responsiveness in the present point. Since early the 1990s when the development project of Bundang was initiated, several studies evaluating the project have been published. However, a few studies were fulfilled too early to exactly evaluate the genuine effects of Bundang development. Nowadays, on the other hand, there are few empirical studies dealing with Bundang because the interests in new town developments have decreased. This study has some implications in terms of evaluating Bundang at this point that the project has elapsed 20 years. The analysis identifies that Bundang as a city retains some spatial equity and residents' satisfaction or responsiveness. Also, this study identifies that the project has been promoted efficiently and fairly achieved its goals and objectives. However, self-sufficiency, one of the goals of the project has been achieved rarely. In addition, many residents are discontented with housing price of the new town. |