Welcome to the Institute for Global Economics

Full name	\|	Il SaKong

Mailing address	\|	2505 Korea World Trade Center, 159 Samsung-1, Kangnam, Seoul, Korea, 135-729

Fax	\|	(82) (2) 551-3334

Telephone	\|	(82) (2) 551-3339

E-mail	\|	ilsakong@igenet.com

Education	\|	BA, Seoul National University, February 1964 MBA, UCLA, December 1966 Ph.D., UCLA, August 1969

Mar. 2008 - Present	\|	Special Economic Advisor to the President and Chairman of the National Competitiveness Council

Dec. 2007 - Feb. 2008	\|	Chairman, National Competitiveness Council, Presidential Transition Committee of Korea

1993 ~ Jun. 2008	\|	Chairman, Institute for Global Economics (IGE), Seoul, Korea,

1993 - Mar. 2008	\|	Chairman & CEO, Institute for Global Economics (IGE)

Sept. 2003 ~ Present	\|	Distinguished Professor, Korea University

Jun. 2003 ~ Jul. 2004	\|	Senior Member, Council of National Economic Affairs for the President

Apr. 2001 ~ Mar. 2002	\|	Member, Council of National Economic Affairs for the President

Sept. 2000 ~ Aug. 2002	\|	Ambassador for International Economy and Trade, the Government of the Republic of Korea

1989 ~ 1998	\|	Special Consultant, International Monetary Fund (IMF), Washington, D.C.

1989 ~ 1991	\|	Visiting Fellow, Institute for International Economics (IIE), Washington, D.C.

May. 1987 ~ Dec. 1988	\|	Minister of Finance, the Government of the Republic of Korea

Oct. 1983 ~ May. 1987	\|	Senior Secretary to the President for Economic Affairs, Office of the President, the Government of the Republic of Korea

Jan. 1983 ~ Oct. 1983	\|	President, Korea Institute for Economics and Technology (KIET)

Feb. 1982 ~ Jan. 1983	\|	Vice President, Korea Development Institute (KDI)

1982	\|	Senior Counselor to Deputy Prime Minister and Minister of Economic Planning Board, the Government of the Republic of Korea

1979 ~ 1980	\|	Senior Economist, Presidential Council of Economic and Scientific Affairs, the Government of the Republic of Korea (on leave from KDI)

1973 ~ 1982	\|	Senior Fellow, Research Director, KDI

1969 ~ 1973	\|	Assistant Professor of Economics and Finance, New York University

1971 ~ 1972	\|	Visiting Lecturer in Development Economics, University of Sheffield, England (on leave from NYU)

Apr. 2003 ~ Present	\|	Member, ASEM Task Force for Closer Economic Partnership Between Asia and Europe

Oct. 2002 ~ Present	\|	Member of the Board of Governors, East-West Center, Honolulu, Hawaii

Nov. 1999 ~ Nov. 2001	\|	Chairman, Emerging Markets Eminent Persons Group (EMEPG)

Nov. 1999 ~ Present	\|	Member, Advisory Board, East Asian Economic Association, Japan

Sept. 1999 ~ Present	\|	Member, Advisory Board, Reuters America, Inc., USA

1999 ~ Present	\|	Member, APEC Panel of Independent Experts (APEC)

May 1998 ~ Present	\|	Member, Advisory Committee, Korea Economic Institute, USA

Apr. 1998 ~ Oct. 2000	\|	Chairman, ASEM Vision Group (ASEM)

Feb. 1998 ~ Present	\|	Member, Carnegie Economic Reform Network, USA

1997 ~ Present	\|	Member, Council of Senior Fellows, Salzburg Seminar, USA

Mar. 1997 ~ Oct. 2002	\|	Member, International Advisory Panel, East-West Center, USA

1994 ~ Present	\|	Co-host, Korea-U.S. 21st Century Council

1994 ~ Present	\|	Member, Korea-U.S. Wisemen Council

1991 ~ Present	\|	Member, Editorial Advisory Board, The International Economy, USA

2002	\|	Grand Prize for Distinguished Policy Makers, Korea University

1990	\|	The Korean Government's Order of Civil Service Merit, "Blue Stripes"

1987	\|	The Republic of China's Order of Brilliant Star with Grand Cordon

1986	\|	The Kingdom of Belgium's Order of the Crown

1983	\|	The Korean Government's Order of Civil Merit, "Moran Medal"

2007	\|	"Korean Economy: Current Situation and Future Prospects." National Agenda for Avoiding Another Crisis. coauthored. Seoul: Giparang, 2007.

2006	\|	"A Strong Economic Leadership Urgently Nedded", FKI Monthly Magazine, Vol. 500, July 2006, the Federation of Korean Industries "Comments: Will India Steal China's Thunder?" The International Economy, Spring 2006, p.19 (Washington, D.C.) "Enhanced North East Asian Economic Cooperation Towards the Ultimate Goal of East Asian Community", JCER Bulletin, No. 945, July 2006 (in both Japanese & English, Tokyo, Japan)

2004	\|	“Comments: General Observations on East Asian Regionalism & Specific Comments.” Strengthen Economic Cooperation in Northeast Asia, eds. Yoon Hyung Kim and Chang Jae Lee. Seoul: Korea Institute for International Economic Policy, Conference Proceedings 04-01, 2004. 365-367 “Korea’s Economic Outlook.” Human Rights & Justice. Seoul: Korean Bar Association. volume 330, February 2004. 12-14.

2003	\|	"Major Findings and Policy Implications: Panel Discussion." Northeast Asian Economic Integration: Prospects for a Northeast Asian FTA, eds. Seoul: Korea Institute for International Economic Policy. Yangseon Kim, Chang Jae Lee, December 2003. 294-296. "The East Asian Economic Integration and Financial Cooperation.” Searching For A Stable Currency Regime In East Asia. Tokyo: Institute for International Monetary Affairs, occasional paper 14, November, 2003. 21-29. "The Sociopolitical and Economic Agenda of South Korea." Global Governance: Enhancing Trilateral Cooperation. Seoul: The Trilateral Commission, 2003. 18-24. "Labour reform must be Seoul's priority." The Financial Times. October 1, 2003: 13. "Korea's Economic Restructuring and Agenda for the Future.” FORCA Journal. September-October 2003: 10-12. "National Agenda Setting." KIEP Global Economy. Seoul: Korea Institute for International Economic Policy, September 2003. "Comments" A Vision for Economic Cooperation in East Asia: China, Japan, and Korea, eds. Lee-Jay Cho, Yoon Hyung Kim and Chung H. Lee. Seoul: Korea Development Institute, May 2003. Comments, p. 403-404. "The Rise of China and its Implications for Korea." Midas. volume 2, April 2004: 12-13. "The Global Economic Outlook and Business & Investment Opportunities for Overseas Koreans", co-authored with C. Fred Bergsten and Marcus Noland. The Korean Diaspora in the World Economy. eds. C. Fred Bergsten, Inbom Choi. Wahsington, D.C.:Institute for International Economics, January 2003.

2002	\|	Not Enough American Passion and Understanding." The International Economy. volume XVII, number 1, Winter 2003: 28. (Washington, D.C.) "International Factors in Recent Korean Development." The Economic Development of Northeast Asia, volume III, ed. Heather Smith. Northampton, MA, USA: Edward Elgar, 2002. 226-272. "National Competitiveness Depends on Political Leadership." Korea Focus. volume 10, number 3. May-June 2002. "Comments." Restructuring th Korean Financial Market in a Global Economy. eds. Lee-Jay Cho, Yoon Hyung Kim, Inseok Shin. Seoul: Korea Development Institute, 2002. 362-363 "Reforming the International Financial Architecture: The Perspective of the Emerging Markets." Asian Affairs. number 17, 2002: 85-99. "Resolving the Rice Trade Issue." Korea Focus. volume 10, number 1. Jan-Feb 2002.

2001	\|	"Comments." Regional Financial Arrangement in East Asia. eds. Yoon-Hyeong Kim and Yunjong Wang. Seoul: Korea Institute for International Economic Policy, 2001. Rebuilding the International Financial Architecture, co-authored as chairman with all EMEPG members. Emerging Markets Eminent Persons Group, October 2001. "Reforms in the Financial Market." Restructuring the National Economy eds. Lee-jae Cho, Yoon Hyung Kim, and Chung H. Lee. Seoul: Korea Development Institute, December 2001. "Utilizing Private Financial Resources for Educational Reform." Korea Focus. volume 9, number 3. May-Jun, 2001. "The World Doesn’t Wait." Maeil Business Newspaper. January, 2001. (in Korean)

2000	\|	A Commentary: Major Findings and Policy Implications" The Multilateral Trading System in a Globalizing World, eds. Lee-Jay Cho and Yoon Hyung Kim. Seoul: Korea Development Institute, Seoul, Korea, 2000. "Financial Globalization and Asian Financial Crisis." Global Economy and International Trade, eds. Wan Soon Kim, et al. Seoul, 2000. (in Korean) "Is Asia’s Recovery Sustainable?" Global Economic Horizon. Seoul: Institute for Global Economics, May 2000. (in Korean) "Korean Economic Restructuring: Current Status and Prospects." The Korea Society Quarterly. winter 2000-2001. "The Recent Financial Crisis and Korea’s Economic Future," Global Economic Horizon. Seoul: Institute for Global Economics, March 2000. (in Korean) Reforming the International Financial Architecture: Emerging Market Perspectives, edited with Yunjong Wang. Institute for Global Economics and Korea Institute for International Economic Policy, December, 2000. "The Vision for ASEM." Asian Affairs. autumn 2000. (Hong Kong) "What Happened to the Debate on Global Financial Architecture?" Global Economic Horizon. Seoul: Institute for Global Economics, February 2000. (in Korean)

1999	\|	"Asia and the Dollar: A Symposium of Views", edited. The International Economy. January/February 1999. (Washington, D.C.) Asian Financial Crisis: Causes and Policy Implications, edited with Younghoon Koo. Seoul: Institute for Global Economics, January 1999. "East Asian Dynamism and the Pacific Economic Order in Perspective: Introduction", with Jaimin Lee. Pacific Review. volume 12, number 2, Routledge, 1999. The Fifty Years of GATT/WTO: Past Performance and Future Challenge, edited with Kwang Suk Kim. Seoul: Institute for Global Economics, 1999. For A Better Tomorrow: Asia-Europe Partnership in the 21st Century. Asia-Europe Vision Group Report 1999 (co-authored as chairman with ASEM Vision Group members), March 1999. "Globalization and Strategies for Korea." eds. Chul Hong and Wonbae Kim. The Korean Peninsular in the 21st Century. Seoul: Korea Research Institute for Human Settlements, 1999. (in Korean) "Toward Closer Economic Cooperation among Korea, China and Japan in the Age of Globalization." Global Economic Horizon. Seoul: Institute for Global Economics, July 1999. (in Korean) "Toward Enhanced Asia-Europe Cooperation in the 21st Century." Proceedings of Third Asia-Europe Young Leaders Symposium. May 1999, Seoul, Korea

1998	\|	"The Asian Financial Crisis: Its National, Regional and Global Policy Implications." Proceedings of the First ASEF Young Parliamentarians Meeting. November 1998, Cebu, the Philippines. The Korean Peninsula and Korea-U.S. Relations: Current Situation and Options for the Future, edited. Seoul: Institute for Global Economics, 1998. (in Korean). Korean Unification and Korea-United States Relations: Implications and Perspectives, edited. Seoul: Institute for Global Economics, May 1998. (in Korean). Policy Priorities for the Unified Korean Economy, edited with Kwang Suk Kim. Seoul: Institute for Global Economics, July 1998. "Tomorrow’s Leaders: Bridging Asia and Europe," eds. Ulrich Niemann, Uwe Johannen and James Gomez. Asia-Europe Foundation, Singapore, 1998.

1996 ~ 1997	\|	Asian-Pacific Economic Cooperation: Current Issues and Agenda for the Future, edited with Ku-Hyun Jung and Jang-Hee Yoo. Seoul: Institute for East And West Studies, Yonsei University, 1996. Korea-United States Relations in the Globalization Era, edited with C. Fred Bergsten. Seoul: Institute for Global Economics, November 1996. (in Korean). "Korea-U.S. Economic Relations under the New Global Economic Order," with Tae Ho Bark. The United States and East Asia: Trade and Investment, Expansion, ed. Claud Barfield. American Enterprise Institute, Washington, D.C., 1997. Major Issues for the Global Trade and Financial System, edited. Seoul: Institute for Global Economics, February 1997. The Multilateral Trading and Financial System: Challenges Ahead, edited. Seoul: Institute for Global Economics, 1996.

1991 ~ 1995	\|	"An Interview with Dr. Il SaKong." The Journal. American Chamber of Commerce in Korea, March/April 1995. Asia-Pacific Economic Cooperation under the WTO System, edited with Jaymin Lee. Seoul: Institute of East and West Studies, Yonsei University, 1995. "Changes In the Global Economic Environment and Options for Korea." Global Economic Horizon. Seoul: Institute for Global Economics, November 1994. (in Korean). "The Credibility Gap in Korea-U.S. Economic Cooperation." Newsweek. November 20, 1995. "The East Asian Economies: Past Performance and Future Prospects." Business Korea, September 1995. Remarks made at 'Messages from Asia Symposium,' Bangkok, July 5-6, 1995. "Economic Policy Choices for Success: the Case of Korea," mimeo. Presented at the American Express Bank Meeting, Singapore, 1993. The Global Economy and Korea, (ed.). Seoul: Institute for Global Economics, 1994. "How We View Japan." The International Economy. Washington, D.C., September/October 1991. Korea in the World Economy. Washington, D.C.: Institute for International Economics, January 1993. Korean version published by Kim Young Sa, 1993, and Japanese version by Toyo Keijai, 1993. "Korea’s Economy and Its New Global Responsibilities." Global Economic Horizon. Seoul: Institute for Global Economics, January 1995. (in Korean) "Korea's Globalization Strategy for the Twenty-First Century Preparation." Summer Policy Seminar Proceedings. The Korea International Finance Association, June 1995 (in Korean). Korea-United States Cooperation in the New World Order, edited with C. Fred Bergsten. Washingtond D.C.: Institute for International Economics, 1996. Korean version published by Institue for Global Economics, 1995. "National Competitiveness at Stake." Korea Focus. volume 2, number 1, Jan-Feb, 1994. The Political Economy of Korea-United States Cooperation, (edited with C. Fred Bergsten). Washintoh D.C.: Institute for International Economics, January 1995 (Korean version published by IGE, 1995). "Toward a New International Monetary System." Korea Focus. March-April 1995 "Who is Us in the Korean Context?" Korea Economic Update. Korea Economic Institute of America, Vol.6, No. 1, March 1995. "WTO: An Avoidable Choice." Korea Focus. volume 2, number 5, Sept-Oct, 1994.

1986 ~ 1990	\|	"An Agenda for Reforms." Asian Finance. July 15, 1987. "A Remark on Korea's Fruitful Cooperation with the Fund." Finance and Development. Washington, D.C., March 1989. "The Bracing Breezes of Competition." Newsweek. June 23, 1986. "Die welt brancht Korea." Wirtschaftswoche. August 19, 1988. Human Resources and Social Development Issues, edited. Korea Development Institute, 1988. "Il SaKong: Coping with Success." A supplement to Euro-Money. May 1988. "Indicative Planning in Korea: Discussion." Journal of Comparative Economics. USA, December 1990. "The International Economic Position of Korea," eds. Thomas O. Bayard and Soogil Young. Economic Relations between the United States and Korea: Conflict or Cooperation? Institute for International Economics, Washington, D.C., 1989. "Korea: At a Crossroads," International Economic Insights. Institute for International Economics, Washington, D.C., November/December 1990. "The Korean Economy: Meeting the Challenges of a Nation in Transition," The International Economy. Washington, D.C., July/August 1989. "The Korean Economy at a Crossroads: Challenges Ahead and Implications for the Korea-U.K. Economic Partnership," mimeo. 1988. "Korea's Current Economic Performance and Policies: Opportunities for Korea-U.S. Trade Relationship." Korea Development Institute, 1986. Macro-Economic Policy and Industrial Development Issues, edited. Korea Development Institute, 1988. "The South Korean Finance Minister," Special Supplement to Institutional Investor. December 20, 1987. "Surplus." Asian Finance. July 15, 1988.

1981 ~ 1985	\|	"An Overview of the Korean Economy: Past Performance and Future Prospects." Asian Perspective. Vol. 8, No.2, Fall-Winter, 1984. Reprinted in Korea and Indonesia in the Year 2000, eds. Jae K. Park and Gussuf Wanandi. Kyungnam University Press, 1985. "Development Strategy and Finance in Korea," edited. Economic Development and Finance in Korea. Korea Investment and Finance Co.. Seoul, 1981. (in Korean) "Implication of Economic Development Planning in a 'Hard' State: In the Case of Korea," ed. Changsoo Lee. Modernization of Korea and the Impact of the West. University of Southern California, 1981. (co-authored) "Protectionism is Getting Worse." Newsweek. February 6, 1984. "The Role of Government in Economic Development." KDI Journal. Spring 1981. (in Korean)

1976 ~ 1980	\|	"An Overview of Corporate Finance and Long-Term Securities Market of Korea," ed. C. K. Kim. Planning Model and Macroeconomic Policy Issues. Korea Development Institute, 1977. "Economic Growth and Concentration of Economic Power." KDI Journal. Spring 1980. (in Korean) "Finance and Economic Development." KDI Journal. Autumn 1980. (in Korean) "Government and Business," eds. Edward S. Mason, et al. The Economic and Social Modernization of the Republic of Korea. Harvard University Press, 1980. (co-authored) Government, Business and Entrepreneurship in Economic Development: The Case of Korea, co-authored with Leroy T. Jones. Harvard University Press, 1980. "Macroeconomic Aspects of the Public Enterprise Sector," ed. Chong Kee Park. Macroeconomic and Industrial Development in Korea, KDI, 1980. Macroeconomic Aspects of Public Enterprise in Asia: A Comparative Study, KDI Working Paper 7902, 1979.

1971 ~ 1975	\|	A Social Accounting System for Public Enterprises. KDI Working Paper. 7604, 1975. (co-authored) "The Efficient Financial System and Its Contribution to Economic Development." The Fifth Anniversary Review. Seoul National University Graduate School of Business Administration, 1971. "High Capital-Intensity, Productive Efficiency and Employment." Philippine Economic Journal. Manila, Spring 1971. Improving the Access of Developing Countries to the U.S. Capital Market. Bulletin 1975-4. Center for the Study of Financial Institutions, New York University, 1974. (co-authored) "Inter-Industry Resource Allocation and Technological Change: The Situation in Indian Manufacturing." Developing Economies. Japan, June 1974. (co-authored) "Level of Economic Development and Capital-labor Ratios in Manufacturing." Review of Economics and Statistics. Cambridge, May 1971. (coauthored)