- Overview
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This book explains why people gather again in an alley from the perspective of economics.
- Book Intro
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Proposals for special value and innovative designs aimed at creating new brands are not a mission that applies only to companies. Unless people gather in a city, that city's existence holds no value. Many cities suffer from their own problems, from cities that worry about the extinction of their populations to cities that are underdeveloped and suffer from the existence of slums. The Alleyway Economy focuses on the potential of alleyways for the successful branding of a city through urban regeneration. We have already seen how the revival of alleyways in the commercial districts of Hongdae, Seongsu-dong, and Itaewon can bring vitality to a stagnant city. These alleyways are not museums that merely collect and exhibit items (shops and cafes); they are places of intense living, stages of new adventure and challenges, and spaces where human desires are realized creatively. The alleyways are capital that create various public goods in the city economy as well as social capital that records memories, history, and emotions and creates trust, fellowship, connections, and culture.
As is expressed clearly in the sentence "If you have a charming shop that leads us to an alleyway, you can monopolize our interest and time even in the short alleyway of 50 meters," The Alleyway Economy finds an answer from an economic standpoint to how the alleyways as social capital can make people happy and enrich their cities. In particular, from the measures for gentrification to lifestyle proposals, this book puts people at the center of the discussion and finds a clue to solving problems in supporting and educating people. If you know how a city is designed to attract people and money, individual fates, as well as the national economy, will change. Identify your future in this book.
- About the Author
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Mo Jongryn
Mo Jongryn is a professor at the Graduate School of International Studies of Yonsei University. He graduated from Cornell University with a degree in Economics and received a PhD from the Stanford Graduate School of Business. He was also an assistant professor at the University of Texas at Austin. Mo held the position of Director of the Center for International Studies at Yonsei University as well as that of Associate Dean at the Graduate School of International Studies and Dean at the Underwood International College. He is currently serving as an advisor to the Presidential Council on National Competitiveness, a member of the Economic Vision Committee of South Chungcheong Province, policy advisor to Daejeon City, and the chief project manager of the Ten Travel Routes of Korea under the Ministry of Culture, Sports and Tourism.
- Award
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- Bestseller Rank
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