New Roles for Incheon's Port Authority

초록

The transfer of the Port of Incheon from the Central Government to the Port of Incheon Authority raises a series of issues about its impact on stakeholders and the division of responsibilities between the two levels of government. A literature survey of the devolution of port governance examines a range of alternative management structures and ownership models available to governments ranging from increased flexibility through corporatization or commercialization to full privatisation. All of these alternative port management structures are not immediately applicable to the Port of Incheon Authority. However, they need to be canvassed in charting the Authority’s future policy