Urbanization in India and Korea–India Economic Cooperation

4 Pages Posted: 14 Dec 2018

See all articles by Choong Jae Cho

Choong Jae Cho

Korea Institute for International Economic Policy

Soon-Cheul Lee

Busan University of Foreign Studies - College of Commerce & Business

Jung Mi Lee

Korea Institute for International Economic Policy

Date Written: November 30, 2018

Abstract

The rapid economic growth that has taken place in India recently is expected to accelerate urbanization in the country. The urban population in India is estimated to grow more than twofold by the year 2050. As urbanization accelerates due to the urbanization policies carried out by the Indian government, the cities are expanding their power and water supply, public transportation, communication, waste disposal, and residential convenience centers, as well as expanding their consumption markets.

Against this backdrop, this research examines urbanization policy in India, going on to analyze the relationship between urbanization and economic growth. Based on these analyses, this research suggests political directions and tasks in the urban development cooperation between Korea and India.

Keywords: India, Korea, Economic cooperation

Suggested Citation

Cho, Choong Jae and Lee, Soon-Cheul and Lee, Jung Mi, Urbanization in India and Korea–India Economic Cooperation (November 30, 2018). KIEP Research Paper, World Economy Brief 18-30. Available at SSRN: https://ssrn.com/abstract=3299408 or http://dx.doi.org/10.2139/ssrn.3299408

Choong Jae Cho (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Soon-Cheul Lee

Busan University of Foreign Studies - College of Commerce & Business ( email )

Busan
Korea, Republic of (South Korea)

Jung Mi Lee

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

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