Chaebol Chaebol A chaebol (; ) is a large industrial conglomerate that is run and controlled by an owner or family in South Korea. A chaebol often consists of a large number of diversified affiliates, controlled by an owner whose power over the group often exceeds legal authority. The term is often used in a context similar to that of the English word "conglomerate". The term was derived from the Japanese. It was first used in English in 1984. There are several dozen large South Korean family-controlled corporate groups that fall under this definition. The chaebol have also played a significant
Urban regeneration in South Korea create employment based on existing industrial functions and industries and to stimulate economic recovery to surrounding areas. The institution links urban regeneration, development and urban regeneration with key facilities that have significant economic recovery. It targets areas where employment can be created through composite development projects(anchor businesses). Typical example Urban regeneration in South Korea Urban regeneration in South Korea began with the reconstruction following the Korean war. (For brevity, references to Korea hereafter refer to South Korea.) In the 1980s, the policies and paradigms for establishing new towns changed greatly. Urban regeneration examples include Housing redevelopment projects, housing refurbishment projects,