[Profile] Joo Sang-young, New Candidate for BOK Monetary Policy Committee Member

[Asia Economy Reporter Kim Eun-byeol] Four new candidates for the Financial Monetary Policy Committee of the Bank of Korea, which will lead the rapidly changing economy due to the novel coronavirus disease (COVID-19), have been announced.

On the 16th, the Bank of Korea announced that former Ambassador to the United States Cho Yoon-je, Seo Young-kyung, Director of the Korea Chamber of Commerce and Industry's Sustainability Growth Initiative (SGI), and Professor Joo Sang-young of Konkuk University's Department of Economics were recommended as new members. Current Monetary Policy Committee member Ko Seung-beom was recommended for reappointment. The Bank of Korea's Monetary Policy Committee, which decides the base interest rate, consists of seven members, and the terms of four members will expire on the 20th.

Below is the profile of Professor Joo, who was nominated as a candidate for the Monetary Policy Committee by the Financial Services Commission.

▲ Department of Economics, Seoul National University

▲ Ph.D. in Economics, University of Wisconsin-Madison, USA

▲ Research Fellow, Korea Institute for International Economic Policy (KIEP)

▲ Professor, Department of Economics, Sejong University

▲ Member, Government Innovation Management Evaluation Group

▲ Member, Ministry of Strategy and Finance Mid- to Long-term Strategy Committee

▲ Co-chair, Korean Social Science Association

▲ Member, National Economic Advisory Council

▲ Professor, Department of Economics, Konkuk University

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