Join us for an in-person program with former Minister of Commerce, Industry, and Energy of the Republic of Korea Duck Koo Chung, also the Founder and Chairman of the NEAR Foundation (North-East Asia Research Foundation), as he recounts his time as a Deputy Minister of Finance during the 1997 IMF Crisis. Chung played a crucial part in Korea’s impressively rapid economic recovery as chief negotiator representing the Korean government with the IMF. This program will feature Chung’s reflections on Korea’s development in the 25 years since the crisis, and insights into the trajectory of Korean society and economy as the country navigates trade tensions between the U.S. and China. This conversation will be moderated by Korea Society President and CEO Tom Byrne.
The Korean Economy Beyond the Crisis: Korea-US-China Economic Interdependence and Competition
Wednesday October 18, 2023 | 5 PM (EDT)
The Korea Society
350 Madison Avenue, 24th Floor
New York, NY 10017
About the Speaker:
Duck Koo Chung is a former Minister of Commerce, Industry, and Energy of the Republic of Korea during President Kim Dae-Jung's administration (1999-2000). He is also the founder of the North East Asia Research Foundation (NEAR Foundation), South Korea's premier privately-funded independent think-tank, and currently serves as its chairman. Chung embarked on his career as a government official in 1971, dedicating nearly three decades of service. During the onset of the Korean financial crisis, Chung, a Vice Minister of Finance at the time, played a pivotal role in the early resolution of Korea’s liquidity crisis as a chief negotiator with the IMF. |