Introduction, EMINENT DOMAIN: A COMPARATIVE PERSPECTIVE

EMINENT DOMAIN: A COMPARATIVE PERSPECTIVE, Iljoong Kim, Hojun Lee, Ilya Somin, eds., Cambridge University Press, pp. 1-7, 2017

George Mason Law & Economics Research Paper No. 17-26

8 Pages Posted: 24 May 2017 Last revised: 25 May 2017

See all articles by Iljoong Kim

Iljoong Kim

Sungkyunkwan University

Hojun Lee

Korea Development Institute (KDI)

Ilya Somin

George Mason University - Antonin Scalia Law School, Faculty

Date Written: May 23, 2017

Abstract

The taking of private property for development projects has caused controversy in many nations, where it has often been used to benefit powerful interests at the expense of the general public. This edited collection is the first to use a common framework to analyze the law and economics of eminent domain around the world. The authors show that seemingly disparate nations face a common set of problems in seeking to regulate the condemnation of private property by the state. They include the tendency to forcibly displace the poor and politically weak for the benefit of those with greater influence, disputes over compensation, and resort to condemnation in cases where it destroys more economic value than it creates. With contributions from leading scholars in the fields of property law and economics, the book offers a comparative perspective and considers a wide range of possible solutions to these problems.

The Introduction summarizes the rest of the book, and describes the common analytical framework used by the contributors.

Keywords: Eminent domain, property rights, development, public use, public purpose, public interest criteria, political economy, judicial review, takings, comparative law, comparative political economy

JEL Classification: O10, O20, P14, R10, R30

Suggested Citation

Kim, Iljoong and Lee, Hojun and Somin, Ilya, Introduction, EMINENT DOMAIN: A COMPARATIVE PERSPECTIVE (May 23, 2017). EMINENT DOMAIN: A COMPARATIVE PERSPECTIVE, Iljoong Kim, Hojun Lee, Ilya Somin, eds., Cambridge University Press, pp. 1-7, 2017; George Mason Law & Economics Research Paper No. 17-26. Available at SSRN: https://ssrn.com/abstract=2972677 or http://dx.doi.org/10.2139/ssrn.2972677

Iljoong Kim

Sungkyunkwan University ( email )

53 Myeongnyun-dong 3-ga Jongno-ju
Guro-gu
Seoul, 110-745
Korea, Republic of (South Korea)

Hojun Lee

Korea Development Institute (KDI) ( email )

263 Namsejong-ro
Sejong-si 30149
Korea, Republic of (South Korea)

Ilya Somin (Contact Author)

George Mason University - Antonin Scalia Law School, Faculty ( email )

3301 Fairfax Drive
Arlington, VA 22201
United States
703-993-8069 (Phone)
703-993-8124 (Fax)

HOME PAGE: http://sls.gmu.edu/ilya-somin/

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