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Chong-nyom Kim - Policymaking on the Front Lines: Memoirs of a Korean Practitioner, 1945-79 (Edi Retrospectives in Policymaking)

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Policymaking on the Front Lines Memoirs of a Korean Practitioner 194579 - photo 1
Policymaking on the Front Lines
Memoirs of a Korean Practitioner, 194579
Chung-yum Kim
EDI Retrospectives in Policymaking
The World Bank
Washington, D. C.

title:Policymaking On the Front Lines : Memoirs of a Korean Practitioner, 1945-79 EDI Retrospectives in Policymaking
author:Kim, Chong-yom.
publisher:World Bank
isbn10 | asin:0821330144
print isbn13:9780821330142
ebook isbn13:9780585265285
language:English
subjectKorea (South)--Economic policy--1960- , Kim, Chong-yom,--1924- , Cabinet officers--Korea (South)--Biography.
publication date:1994
lcc:HC467.K4655 1994eb
ddc:338.95195
subject:Korea (South)--Economic policy--1960- , Kim, Chong-yom,--1924- , Cabinet officers--Korea (South)--Biography.
Page ii
Copyright 1994 The International Bank for Reconstruction and Development / THE WORLD BANK 1818 H Street, N.W. Washington, D.C. 20433, U.S.A.
All rights reserved Manufactured in the United States of America First printing October 1994
The Economic Development Institute (EDI) was established by the World Bank in 1955 to train officials concerned with development planning, policymaking, investment analysis, and project implementation in member developing countries. At present the substance of the EDI's work emphasizes macroeconomic and sectoral economic policy analysis. Through a variety of courses, seminars, and workshops, most of which are given overseas in cooperation with local institutions, the EDI seeks to sharpen analytical skills used in policy analysis and to broaden understanding of the experience of individual countries with economic development. Although the EDI's publications are designed to support its training activities, many are of interest to a much broader audience. EDI materials, including any findings, interpretations, and conclusions, are entirely those of the authors and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent.
Because of the informality of this series and to make the publication available with the least possible delay, the manuscript has not been edited as fully as would be the case with a more formal document, and the World Bank accepts no responsibility for errors. Some sources cited in this book may be informal documents that are not readily available.
The material in this publication is copyrighted. Requests for permission to reproduce portions of it should be sent to the Office of the Publisher at the address shown in the copyright notice above. The World Bank encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center Inc., Suite 910,222 Rosewood Drive, Danvers, Massachusetts 01923, U. S. A.
The backlist of publications by the World Bank is shown in the annual Index of Publications, which is available from Distribution Unit, Office of the Publisher, The World Bank, 1818 H Street, N.W., Washington, D.C. 20433, U.S.A., or from Publications, Banque mondiale, 66, avenue d'Ina, 75116 Paris, France.
Chung-yum Kim is a former chief of staff to the president of the Republic of Korea. He has also served as minister of commerce and industry and minister of finance.
ISSN 1020-234X
Library of Congress Cataloging-in-Publication Data
Kim, Chong-yom*, 1924
Policymaking on the front lines : memoirs of a Korean
practitioner, 194579 / Chung-yum Kim.
p. cm.(EDI retrospectives in policymaking)
ISBN 0-8213-3014-4
1. Korea (South)Economic policy1960- 2. Kim, Chong-yom, 1924
3. Cabinet officersKorea (South)Biography. I. Title.
II. Series.
HC467.K4655 1994
338.95195dc20 94-22730
CIP
Page iii
Contents
Foreword
v
Acknowledgments
vii
Preface
ix
1.
Fruitful Years as a Central Banker
1
Picture 2
At the Bank of Chosun
1
Picture 3
At the Bank of Korea
5
2.
In the Ministry of Finance as Director General of Finance
15
Picture 4
Financial Stabilization Programs
15
Picture 5
Growth-Oriented Stabilization
17
Picture 6
Exchange Rate Policy
17
3.
A Frustrating Year at the Korean Central Intelligence Agency
21
Picture 7
Second Currency Reform
21
Picture 8
The Foreign Loan Guarantee System
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