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Dr Un-Chan Chung,
Former Prime Minister, South Korea
Dr. Un-Chan Chung is the Chairman of Commission on Shared Growth for Large and Small Companies.
He was the Prime Minister of the Republic of Korea (South Korea) during 2009-2010, and from 2002 to 2006, he served as the President of Seoul National University (SNU), where he was a professor of economics from 1978 to 2009, until he was appointed the Prime Minister. He has served as a member of the President’s Council of the University of Tokyo since 2006.
Dr. Chung began his academic career as a business associate and an assistant professor at Columbia University in 1976. After teaching money and financial markets at the University for three years, Dr. Chung returned to SNU in late 1978, where he served for thirty one years as a faculty member in the Department of Economics.
Before his appointment as the President, Dr. Chung was the Associate Dean of the College of Social Sciences from 1993 to 1994. During the first half of 2002, he served as the Dean of the College. In addition, Dr. Chung was a visiting associate professor at the University of Hawai’i in 1983, a visiting research scholar at the London School of Economics from 1986 to 1987, a visiting professor at the Ruhr-Universität Bochum (Germany) in 1999, a visiting fellow at the Princeton Institute for International and Regional Studies (PIIRS) from 2008 to 2009, and a Y. T. Shim Visiting Professor of Korean Studies in the Jackson School of International Studies at the University of Washington in 2009.
Aside from various positions in the academia, Dr. Chung has held senior positions in both government commissions and private research institutions. In 2002, he served as the Chairperson of the Committee on National Pension Development. From 2000 to 2001, he served as the Chairperson of the Financial Development Committee in the Ministry of Finance and Economy. Since 1996, Dr. Chung has served as the Director of the Suam Educational and Cultural Foundation. From 1998 to 2001, Dr. Chung was the Director of the Korea Council of Economic and Social Research Institutes. From 1998 to 1999, he was the President of the Korean Money and Finance Association. In addition, Dr. Chung was a senior advisor to the Seoul Metropolitan Government’s Policy Advisory Committee from 1995 to 1997 and served as the President of the Korean Economic Association from 2006 to 2007.
Dr. Chung earned a bachelor’s degree in economics at SNU in 1970 and a master’s degree in economics at Miami University (Ohio) in 1972. In 1978, he was awarded a doctoral degree in economics at Princeton University. In October 2004, Dr. Chung was awarded an honorary doctoral degree in international education at the Far Eastern National University in Vladivostok, Russia, in recognition of his invaluable contribution to the internationalization of education at SNU.
Dr. Chung energetically continues to author books and academic papers and to conduct research on macroeconomics and financial markets. He has numerous publications in both Korean and English, the latest of which include: Macroeconomics; Money and Financial Markets; Principles of Economics; Reviving the Korean Economy; The Korean Economy after the IMF Bailout Loan; and East Asia’s Economic Crisis: The Case of Korea.
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