was born in suburban Seoul, Korea on October
10, 1924. After receiving my B.A. in political science
from Kookmin University, Seoul, in 1950, I worked as
a junior economist with the Bank of Korea for the period
of 1952-54 before re-entering academic life in 1954.
While teaching economics at Kookmin (1954-64),
I was granted leave to pursue postgraduate studies first
at Seoul National University (M.A. in economics, 1956)
and later at Oklahoma State University (M.S. in economics,
1960, and Ph.D. in economics, 1961). I have also done
postdoctoral work at the Graduate School of Business,
Stanford University in 1968-69.
In 1964, I
accepted an appointment as professor of Economics at
Sogang University, Seoul, and in 1969 was named Finance
Minister by then President Park Chung Hee. I happened
to be one of the youngest men ever to hold this key
portfolio (age 45 at time of appointment) as well as
being the longest-serving Finance Minister in the history
of the Republic of Korea (five years)
President Park asked me to oversee Korea's economic
development program in the capacity of Deputy Prime
Minister and Minister of Economic Planning, posts which
I held concurrently until 1978. I was named later by
President Park in January 1979 as his Special Assistant
for Economic Affairs.
The summit of my government
career was reached in September 1980 when I was appointed
as Prime Minister of the Republic of Korea by then President
Chun Doo Hwan. Following my tenure as Prime Minister,
I served as a member of the President's Advisory Council
on State Affairs during 1982 and 1983.
I was elected to the Board of Directors of the World
Trade Centers Association. I was also a member of the
Standing Committee of the Pacific Economic Cooperation
Council (PECC) for the period of 1983-1993. I was a
member of the Board of Governors of the East-West Center
based in Honolulu, Hawaii, during 1984-1993.
I am a former Chairman of the Korea International Trade
Association -- the central association of all Korean
trading firms -directing the KITA's wide-ranging activities
(1983-1991). I also served concurrently as the Chairman
of the Korea-U.S. Economic Council, which promotes economic
cooperation between the United State and Korea.
I am former Chairman of the Korea Sanhak
Foundation established by KITA to provide financial
assistance to professors and graduate students in the
interest of promoting cooperation between business and
academic communities. I remain involved with the KITA
Currently I am Chairmen of Korea-Japan
Cooperation committee and Korean Forum for Progress.