Fortnightly logo

Korean Capitalism in Search of New Paradigms

The Keck Center for International and Strategic Studies is pleased to sponsor a lecture on Korean capitalism by Dr. Sang Mok Suh. During his address Suh will examine the causes of the recent financial crisis in South Korea and evaluate the government's response from the perspective of paradigm shift in economic management.

A visiting fellow at the Hoover Institution, Stanford University, Suh has a distinguished record of scholarly research, legislative leadership, and public service-both at home and abroad. After receiving his B.A. from Amherst College and his Ph.D. in economics from Stanford University, he worked at the World Bank as an economist (1973-78) and at the Korea Development Institute (a government think-tank in Seoul) as a senior fellow and vice president (1978-88). Suh wrote a number of articles, reports, and books on Korean economic issues, including Structural Adjustment in a Newly Industrialized Country: Lessons from the Korean Experience (Oxford Press, 1988).

Suh served as a member of the South Korean National Assembly for 12 years and as Minister of Health and Welfare from 1993 to 1995. He focused on issues such as finance, environment, population, national health insurance, and national pension plans. In 1997 he managed the presidential campaign of Hoe Hang Lee, who was defeated by President Dae Jung Kim. Suh also served as a high-level advisory board member to the U.N. Secretary General on sustainable development. After leaving the National Assembly in 2000, Suh is now writing a book with emphasis on new paradigms for Korean capitalist development