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Lee Ju-yeol
Lee Ju-yeol (; born 24 July 1952) is a South Korean economist and technocrat served as the 25th Governor of the Bank of Korea, the South Korean central bank, from 2014 to 2022. He was re-nominated for the governorship by President Moon Jae-in and the nomination was confirmed by the National Assembly, thus renewing his governorship to March 2022 and becoming the first central bank Governor to be appointed for a second term throughout the history of the nation. He also serves as the Alternate Governor representing South Korea on the IMF Board. Lee received his BA in Business Management from Yonsei University Yonsei University (; ) is a private research university in Seoul, South Korea. As a member of the " SKY" universities, Yonsei University is deemed one of the three most prestigious institutions in the country. It is particularly respected in th ... in 1977 and MA in Economics from Pennsylvania State University in 1988. He first worked at the Bank of Korea in 1977 and serv ...
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Bank Of Korea
The Bank of Korea (BOK; ) is the central bank of the Republic of Korea and issuer of Korean Republic won. It was established on 12 June 1950 in Seoul, South Korea. The bank's primary purpose is price stability. For that, the bank targets inflation. The 2016–18 target is consumer price inflation of 2.0%. History 1945-1970 The Bank of Korea was established on June 12, 1950 under the Bank of Korea Act. Following liberation on August 15, 1945, the Korean economy was plunged into turmoil. Tackling the severe inflation and financial disorder brought about by an acute shortage of resources and the division of the country along the 38th parallel was the immediate priority. In this situation, discussions raged across the country on establishing a central bank for the Republic of Korea and Dr. A.I. Bloomfield, dispatched from the Federal Reserve Bank of New York, drafted the Bank of Korea Act. Based on this draft, the Bank of Korea Act was passed in May 1950 and the bank launched it ...
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Moon Jae-in
Moon Jae-in (; ; born 24 January 1953) is a South Korean former politician, civil servant and lawyer who served as the 12th president of South Korea between 2017 and 2022. Prior to his presidency, he served as Senior Secretary for Civil Affairs and Chief of Staff to President Roh Moo-hyun, Member of the National Assembly, and Leader of the Democratic Party of Korea. Born to North Korean refugees of House of Moon in Hamhung, Moon was raised in poverty in the southern port city of Busan. He excelled in school and studied law at Kyung Hee University. He became a lawyer and later involved in human rights activism with Roh Moo-hyun. He was imprisoned for organizing a protest against the Yushin Constitution. As a result of his work in human rights law, Moon was chosen to be the campaign manager for his longtime mentor Roh Moo-hyun in his successful bid for the 2002 presidential election. He served in Roh's administration in various official capacities. In 2012, Moon was a candidate for ...
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South Korean Economists
South is one of the cardinal directions or Points of the compass, compass points. The direction is the opposite of north and is perpendicular to both east and west. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic language, Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European language, Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', cf English meridional), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the ...
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Governors Of The Bank Of Korea
A governor is an politician, administrative leader and head of a polity or Region#Political_regions, political region, ranking under the Head of State, head of state and in some cases, such as governor-general, governors-general, as the head of state's official representative. Depending on the type of political region or polity, a ''governor'' may be either appointed or elected, and the governor's powers can vary significantly, depending on the Public law, public laws in place locally. The adjective pertaining to a governor is gubernatorial, from the Latin root ''gubernare''. Ancient empires Pre-Roman empires Though the legal and administrative framework of provinces, each administrated by a governor, was created by the ancient Rome, Romans, the term ''governor'' has been a convenient term for historians to describe similar systems in ancient history, antiquity. Indeed, many regions of the pre-Roman antiquity were ultimately replaced by Roman 'standardized' provincial governments ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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1952 Births
Year 195 ( CXCV) was a common year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Scrapula and Clemens (or, less frequently, year 948 ''Ab urbe condita''). The denomination 195 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus has the Roman Senate deify the previous emperor Commodus, in an attempt to gain favor with the family of Marcus Aurelius. * King Vologases V and other eastern princes support the claims of Pescennius Niger. The Roman province of Mesopotamia rises in revolt with Parthian support. Severus marches to Mesopotamia to battle the Parthians. * The Roman province of Syria is divided and the role of Antioch is diminished. The Romans annexed the Syrian cities of Edessa and Nisibis. Severus re-establish his h ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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South Korea And The International Monetary Fund
South Korea and the International Monetary Fund (IMF) partner to assist the country in managing its financial system. Korea's economy is considered fundamentally sound because of the balance of their banking sector and their aim toward a zero structural balance without compromising their ability to sustain debt. The IMF Board in 2019 assessed that the policy framework and financial system in place are sturdy and firmly set. History IMF membership South Korea joined the IMF on August 13, 1955. The relationship between the state and the institution have been steady for the most part. The country contributed $8.582 billion SDR (Special Drawing Rights) to the IMF quota, which comprises 1.81% of the IMF's funds. South Korea has 87,292 votes in the IMF, which is 1.73% of the total. South Korea's member of the IMF Board of Governor is Dong Yeon Kim and the alternate Board of Governor is Juyeol Lee. In 2019, the IMF and South Korea continued their partnership in support of capacity ...
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National Assembly Of South Korea
The National Assembly of the Republic of Korea, often shortened to the National Assembly in domestic English-language media, is the unicameral national legislature of South Korea. Elections to the National Assembly are held every four years. The latest legislative elections were held on 15 April 2020. The National Assembly has 300 seats, with 253 constituency seats and 47 proportional representation seats; 30 of the PR seats are assigned on additional member system, while 17 PR seats use the parallel voting method. The unicameral assembly consists of at least 200 members according to the South Korean constitution. In 1990 the assembly had 299 seats, 224 of which were directly elected from single-member districts in the general elections of April 1988. Under applicable laws, the remaining seventy-five representatives were elected from party lists. By law, candidates for election to the assembly must be at least thirty years of age. As part of a political compromise in 1987, an ...
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President Of The Republic Of Korea
The president of the Republic of Korea (), also known as the president of South Korea (often abbreviated to POTROK or POSK; ), is the head of state and head of government of the Republic of Korea. The president leads the State Council, and is the chief of the executive branch of the national government as well as the commander-in-chief of the Republic of Korea Armed Forces. The Constitution and the amended Presidential Election Act of 1987 provide for election of the president by direct, secret ballot, ending sixteen years of indirect presidential elections under the preceding two authoritarian governments. The president is directly elected to a five-year term, with no possibility of re-election. If a presidential vacancy should occur, a successor must be elected within sixty days, during which time presidential duties are to be performed by the prime minister or other senior cabinet members in the order of priority as determined by law. The president is exempt from criminal ...
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Park Geun-hye
Park Geun-hye (; ; often in English ; born 2 February 1952) is a South Korean politician who served as the 11th president of South Korea from 2013 to 2017, until she was impeached and convicted on related corruption charges. Park was the first woman to be elected president of South Korea, and also the first female president popularly elected as head of state in East Asia. She was also the first South Korean president to be born after the founding of South Korea. Her father, Park Chung-hee, was president from 1963 to 1979, serving five consecutive terms after he seized power in 1961. Before her presidency, Park was leader of the conservative Grand National Party (GNP) from 2004 to 2006 and leader of the Liberty Korea Party from 2011 to 2012. She was also a member of the National Assembly, serving four consecutive parliamentary terms between 1998 and 2012. Park started her fifth term as a representative elected via national list in June 2012. In 2013 and 2014, Park ranke ...
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Pennsylvania State University
The Pennsylvania State University (Penn State or PSU) is a Public university, public Commonwealth System of Higher Education, state-related Land-grant university, land-grant research university with campuses and facilities throughout Pennsylvania. Founded in 1855 as the Farmers' High School of Pennsylvania, Penn State became the state's only Land-grant university, land-grant university in 1863. Today, Penn State is a major research university which conducts teaching, research, and public service. Its instructional mission includes undergraduate, graduate, professional and continuing education offered through resident instruction and online delivery. The University Park campus has been labeled one of the "Public Ivy, Public Ivies", a publicly funded university considered as providing a quality of education comparable to those of the Ivy League. In addition to its land-grant designation, it also participates in the sea-grant, space-grant, and sun-grant research consortia; it is on ...
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