External authors

Tae Joon Kim

External author

Tae-Joon Kim has been the sixth President of the Korea Institute of Finance (KIF) since March 2009. The KIF, which is funded by member domestic banks, is the preeminent financial research institute in Korea, covering the areas of financial institution management and strategy, financial industry structure and competitiveness, and the financial system. The KIF also conducts research on the foreign exchange market, capital transactions, and macroeconomic management and releases quarterly economic forecasts.

After earning his doctorate in international economics in 1988 from Columbia University, Dr. Kim worked at the Korea Institute of International Economic Policy (KIEP) from 1989 to 1993. In 1993, he became a professor in the International Management Department of Dongduk Women's University and served as vice president of the university from 2004 to 2006. In 2007, he was a member of the Public Enterprise Evaluation Group at the Ministry of Planning and Budget. Also in 2007, he served as a Standing Advisor to the Economic Subcommittee of the 17th Presidential Transition Committee. From 2008 to 2009, he was a non-governmental member to the National Economic Advisory Council under the President, and from 2008 to 2009, he was a member of the steering committee at the Korea Investment Corporation (KIC). In 2009, he was also active as a TF administrator for the Amendment to the Bank of Korea Act, while in 2010, he served as a member on the Evaluation Committee of the Financial Supervisory Service (FSS). He has been a member of the Fiscal Policy Advisory Committee at the Ministry of Strategy and Finance (MOSF) since 2008. He also has been active as a board member of the Korea International Economic Association (KIEA) in 2000, the Korean Economic Association (KEA) in 2002, and as the vice chairman of the Korea International Commerce Association in 2009.

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External Publication

Don’t let the euro-area crisis go east

The European Union is committed to strengthening its partnership with China, as demonstrated by the fourteenth EU-China summit, to take place in Beijing on 14 February 2012. The EU will be represented by Herman Van Rompuy, President of the European Council, and by José Manuel Barroso, President of the European Commission. The People's Republic of China will be represented by Prime Minister Wen Jiabao. EU Trade Commissioner Karel De Gucht will also attend. On Thursday 2 February Chinese premier Wen Jiabao signalled intention to move towards helping the euro area extricate from its trouble and declared that China was “investigating and evaluating concrete ways in which it can, via the IMF, get more deeply involved in the European debt problem”. Why is China, and more generally Asia, taking this stance? A new paper by Jean Pisani-Ferry together with European and Asian colleagues from the Asia-Europe Economic Forum (AEEF) discusses the implications of the euro crisis for Asia, reasons for Asia-Europe cooperation in solving it, and obstacles on the way to this cooperation.

By: Agnès Bénassy-Quéré, He Fan, Masahiro Kawai, Tae Joon Kim, Yung Chul Park, Jean Pisani-Ferry, David Vines and Yongding Yu Topic: Global economy and trade Date: February 3, 2012