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The Political Economy of Megaprojects in Asia

State Power, Land Control, Financial Flows, and Dispossession

Hyun Bang Shin Dong-Wan Gimm (Kyungnam University, Republic of Korea)

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Hardback

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English
Routledge
21 February 2025
This book offers a comprehensive analysis of how the developmental goals of Asian states are reflected in large-scale projects and how various actors both realize and challenge these goals. The rise of Asian economies has spurred the proliferation of megaprojects through large-scale resource mobilization, necessitating varying degrees of state intervention. Despite neoliberal pressures, these projects remain linked to national developmental aspirations, driven by domestic, transnational, or combined pro-growth interests, and serve multiple political purposes.

The book advances the argument that megaprojects embody the dynamics of multiscalar strategic relations that determine the process and outcome of urbanization. These projects create iconic landmarks, new towns, central business districts, and infrastructure, showcasing intertwined political and economic interests. By examining contemporary megaprojects in China, South Korea, Taiwan, India, Malaysia, and Turkey, the contributing authors reveal the complexity of urbanizing forces and their multiscalar nature in shaping the built environment and shed light on the intricate interplay of state strategies, economic needs, and sociopolitical forces that influence urban landscapes.

This interdisciplinary work provides a nuanced understanding of the political economy underpinning Asian urbanization and contributes to ongoing debates on urban development, state–society relations, and the production of space in the context of globalization.

Chapter 1 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC BY-NC-ND) 4.0 license.
Edited by:   , ,
Imprint:   Routledge
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm, 
Weight:   610g
ISBN:   9781138070431
ISBN 10:   1138070432
Series:   Regions and Cities
Pages:   228
Publication Date:  
Audience:   College/higher education ,  Primary ,  A / AS level
Format:   Hardback
Publisher's Status:   Active

Hyun Bang Shin is Professor of Geography and Urban Studies and Head of the Department of Geography and Environment at the London School of Economics and Political Science (LSE). Dong-Wan Gimm is Associate Professor of Urban Studies in the Department of Sociology, Kyungnam University, Changwon.

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