Il SaKong, Chairman, Institute for Global Economics based in Seoul
Dr. SaKong is Chairman Emeritus of the Institute for Global Economics (IGE), a private non-profit research institute he founded in 1993.
He served in the government of the Republic of Korea as Minister of Finance (1987-1988), Senior Secretary to the President for Economic Affairs (1983-1987), Ambassador for International Economy and Trade (2000-2002), Special Economic Adviser to the President (2008-2009), Chairman of the Presidential Council on National Competitiveness (2008-2009), and Chairman of the Presidential Committee for the G20 Summit (2009-2011).
He also served as Special Consultant to the International Monetary Fund (1989- 1992), Board Member of the East-West Center of the U.S.A. (2002-2013) and Chairman of the Korea International Trade Association (with more than 72,000 members) (2009-2012).
He was Senior Fellow, Vice President of the Korea Development Institute (KDI, 1973-1983), President of the Korea Institute for Industrial Economics and Trade (KIET, 1983), Korea’s leading economic policy think tanks for the government.
He received various honors and prizes, including the Korean government's highest Order of Civil Service Merit “Blue Stripes (1990)", the Korean government's highest Order of Civil Merit “Mugunghwa Medal” (2012) and 2nd highest “Moran Medal” (1983), the Republic of China's Order of the Brilliant Star with Grand Cordon (1987), the Kingdom of Belgium's Order of the Crown (1986) and Korea University's Grand Prize for Distinguished Policy Makers (2002).
Dr. SaKong graduated from Seoul National University (1964) and received his MBA (1966) and Ph.D. (1969) from the University of California at Los Angeles. He taught economics at New York University (1969-1973) and Sheffield University (on leave from New York University) (1971-1972).