Cho, Yoon Je

International Finance
Ph.D. in Economics, Stanford University

E-mail: yjcho@sogang.ac.kr

Dr. Yoon Je Cho has been serving as Korea’s Ambassador to the USA since August 2017. He served as Economic Advisor to the President of the ROK (2003-2005), and Korea’s Ambassador to the United Kingdom (2005-2008). Before he joined Sogang University in March 1997, Dr. Cho had held various posts at academic, governmental and international institutions, including Vice President of Korea Institute of Public Finance, Senior Economist at the World Bank, Economist at the International Monetary Fund (IMF), and Senior Counselor to the Deputy Prime Minister and Minister of Finance and Economy of ROK . He also taught at Georgetown University as an Adjunct Professor. He was trained at Seoul National University (B.A., Economics) and Stanford University (Ph. D., Economics). He authored many academic journal articles related to macro-financial economics, which is his specialized field, including "Inefficiencies from Financial Liberalization in the Absence of Well-Functioning Equity Markets," Journal of Money, Credit and Banking, North-Holland, 1986, “The Effect of Financial Liberalization on the Efficiency of Credit Allocation--Some Evidence from Korea”, Journal of Development Economics, North-Holland, 1988, "Developing Country Strategy for International Trade in Financial Service--Lessons from the Opening of the Korea Insurance Market," The World Bank Economic Review, The World Bank, 1988,. “Finance and Development: The Korean Approach”, Oxford Review of Economic Policy, Oxford, 1989, “McKinnon-Shaw vs. Neostructuralists' Views on Financial Liberalization: A Conceptual Note”, World Development, North-Holland, March 1990, “The Gains from International Investment Diversification : The Korean Case”, with Changyong Rhee, Journal of Economic Theory and Econometrics, 1999, and many others.

- B.A. in Economics, Seoul National University 1976
- M.A., Ph.D. in Economics, Stanford University 1984

- International Economic analysis
- Korean Economic Development
- International Capital Market
- Financial Institutions and System

- Member, Monetary Policy Board of the Bank of Korea (4/2020- present)

- Korea’s Ambassador to the USA (8/2017-9/2019)

- Professor of Economics, Graduate School of International Studies, Sogang University (3/1997-/2/2017)
- Korea’s Ambassador to the United Kingdom (2/2005-2/2008)
- Economic Advisor to the President of Korea (2/2003-1/2005)
- Director, Institute of International and Area Studies, Sogang University (3/97-2/02)
- Senior Counselor to the Deputy Prime Minister and Minister of Finance and Economy (8/96-3/97)
- Vice President, Korea Institute of Public Finance (3/95-8/96)
- Senior Counselor to the Deputy Prime Minister and Minister of Finance and Economy (1/95-3/95)
- Senior Fellow and Director of Research Department I, Korea Institute of Public Finance (8/93-12/94)
- Senior Economist, Financial Sector Development Department, The World Bank (1/92-7/93)
- Economist, Program Development and Review Department, International Monetary Fund (7/89-1/92)
- Adjunct Professor, School of Foreign Services, Georgetown University (7/89-1/92)
- Economist, The World Bank (Research Department and Asian Region) (7/84-6/89)
- Core team member of the World Development Report, 1989, The World Bank (7/88-6/89)
OTHER ACTIVITIES:
- Member, Deliberation Committee for Financial Sector Development, Ministry of Finance and Economy
- Member, Policy Advisory Committee of the Planning and Budget Commission
- Member, Advisory Board of Transnational Research Corporation, USA
- Member, Special Committee for Foreign Exchange System Reform, Ministry of Finance
- Member, Special Committee for Regulatory Reform, Ministry of Finance
- Member, Committee on the External Policy Coordination, Economic Planning Board
- Member, Editorial Board of Seoul Journal of Economics
- Vice President, Monetary and Financial Economics Association of Korea
- Member, Executive Committee of Korean Society of Public Finance