Curriculum Vitae

Name : Hee-Sik Kim

Education:

Ph. D. in Economics, University of Hawaii at Manoa, Hawaii, U.S.A. December 1995

B. A. in Economics, Yeungnam University, Korea, February 1986.

Scholarship:

East-West Center Grants for degree participants, sponsored by U.S.A Senate. August 1990-September 1994.

Chunma Fellowship, a four-year full scholarship provided to the highest score on the entrance exam to Yeungnam University, Korea, March 1979 - February 1981, September 1983-February 1986

Full scholarships for three years on the ground of excellent academic performances, Muhag High School, March 1976-February 1979.

Fields

Economic development, International Finance

Career:

Principal Research Economist/Technical Assistant, Development Research Department, The African Development Bank, Since May 2008.

Senior Economist, International Economics Studies Team, Institute of Monetary and Economic Research, the Bank of Korea, March 2007-April 2008.

Senior Economist, Socioeconomics Studies Team, Institute of Monetary and Economic Research, the Bank of Korea, since March 2005.

Senior Economist, International Finance Research Team, International Department, The Bank of Korea, April 2003-March 2005

Senior Economist, International Economics Team, Institute of Monetary and Economic Research, the Bank of Korea, June 2001-April 2003

Senior Economist, Structural Studies Team, Special Studies Office, the Bank of Korea, June 1999-May 2001

Economist, Planning and Research Division, Kwangju Branch, the Bank of Korea, May 1998-May 1999

Economist, Institute for Monetary and Economic Research, the Bank of Korea, January 1996 1996-May 1998.

Junior Economist, Input-Output Division, the Bank of Korea, March 1986-March 1989.

Area of Expertise and Experience:

Finance and Development

- The role of domestic debts in economic development
- The impact of global financial crisis on African countries and policy implications
- Preconditions for financial development and globalization
- Spillover Effects of pension funds on financial development
- Bank entry regulation
- Inter-industrial productivity spillovers
- The role of selective credit allocation in industrial development

International Money and Finance

- FX market liquidity and stability
- Exchange rate pass-through to real activities
- Effects of monetary policy on exchange rate

Publications: Refer to the Korean site http://blog.naver.com/hkims

Dissertation:

Selective Credit Allocation and Industrial Development in South Korea, Ph. D. Dissertation submitted to the University of Hawaii at Manoa, 1995.

Articles

(in English)

“The Role of Domestic Debts in Economic Development for Africa: A Focus on Preconditions and Transmission Channels,” a mimeo, June 2009.

“Spillover Effects of Pension Funds on Capital Markets : the Mechanism and Preconditions,” A paper presented at the Conference on Institutional and Social Dynamics on Growth and Distribution, Lucca, Italy, December 10-12, 2007. The Bank of Korea Economic Papers, September 2007.

“Structural Change in the Effects of the Exchange Rate on Output in Korea, “The Bank of Korea Economic Papers, vol.7 no.2, 2004. http://blog.naver.com/hkims/150045810306

“Characteristics of North-East Asian Currencies and Policy Implications,” A paper presented at the China-Korea Economic Executives Meeting, December 2003.

“Five Years of Free-Floating the Won Currency," Korea Times (a daily news paper), November 23, 2002.

“Changes in Structural Features of Won-Dollar Rate Determination and the Effects of Monetary Policy on the Exchange Rate in Korea,” The Bank of Korea Economic Papers, Vol.6. No. 1., 2003, (with Dong Koo Chang).

"Inter-industrial Productivity Spillovers in Korean Manufacturing," the Bank of Korea, Economic Papers. 3(2) (November 2000): 164-197.

"A Financial Model for Korean Economy," the Bank of Korea Economic Papers 2(1), March 1999 (with Chiho Kim).

"The Effectiveness of Selective Credit Allocation in Korea: An Empirical Test," a paper presented at the eighth International Academic Meetings on Financial Industry Crisis and Information-communication Industry, Korean Economic Association, August 19, 1998.

"Inter-industrial Linkages and Employment in Korean Industry, 1975-85." The Developing Economies, 31(3) June 1993 (with W. E. James and N. Fujita).

( in Korean)

“Stabilizing Effects of FX Market Liquidity,” Institute of Monetary and Economic Research, Working Paper, no. 335, 2008.

“The Preconditions for Realizing Benefits from Financial Globalization,” Institute of Monetary and Economic Research, Working Paper no. 316, January 2008.

“Asymmetry in Financial Globalization,” a column for the Hankook Kyungje Sinmun,(Korean Economic Daily News), November 26, 2007.

“Pension Privatization and Financial Development: Lessons from the Case of Chile,” Institute of Monetary and Economic Research, Working Paper no. 294, January 2007.

“External Effects of Pension Funds on Stock Markets,” The Bank of Korea Economic Analysis, vol. 13 no. 2, June 2007.

“The Impact of Interest Rate Policy on Exchange Rate in Korea,” The Bank of Korea, International Department, Review of Foreign Exchange and International Finance, vol 6, 2005.

“A Test of Information Content of the KRW/USD risk reversal premium,” The Bank of Korea, International Department, Review of Foreign Exchange and International Finance, 4, December 2004.

“The Effect of Exchange Rate Shock on Economic Growth: A Comparison of the Experiences in Korea and Japan,” The Bank of Korea, International Department, Review of Foreign Exchange and International Finance, 3, June 2004.

“Macroeconomic Policies under Strong Won,” The Bank of Korea, Institute of Monetary and Economic Research, Working Paper no. 157, June 2003.

“Effects of Exchange Rate Realignments on Investments, Economic Growth and Structural Change in Korea,” The Bank of Korea, Institute of Monetary and Economic Research, Research on Finance and Economy, no. 144, 2003.1.

“Determinants of Currency Receipt-Issue Ratio,” The Bank of Korea Kwangju Branch Monthly Economic Review of Kwangju-Chonnam, 1998.11(with Myung-Chul Kim).

“On Bank Entry Regulations in Korea,” The Bank of Korea Economic Analysis, vol. 3. no. 4, 1997.11. pp.151-201.

(Unpublished Drafts in Korean)

“Suggestions for Solving the Problems of the National Pension Program in Korea," November 2007.

“Assessment of Potential Impacts of Chinese Yuan Appreciation on Korean Trade,” March 2005.

“Adequacy of Foreign Reserves in Korea,” BOK internal report, December 2004.

“Macroeconomic Effects of Foreign Reserve Accumulation (or importing risk capital while exporting safe capital) in Korea,” BOK internal report, December 2004.

“Assessment of Market Liquidity in the Seoul FX Market,” March 2004.

“Effects of Capital Flows on Exchange Rate in Korea,” July 2003.

(Research Works at the AfDB on the Financial Crisis)

“Financial Crisis – Weekly Report” Week ending 5th December 2008

Revision of Section 5 of the draft concept note for African Development Bank Annual Meetings 2009, “Enhancing the Integration of Africa into the Global Financial System”

Drafting a paper to be presented at the International Conference on Financing For development “The Current Financial Crisis: Implications on Domestic Resource Mobilization in Africa,” DOHA, QATAR, 29th November – 2nd December 2008(28 November 2008)

Co-drafting the Briefing Note for the High Level Conference on Financial Crisis in Ramada Plaza Hotel in Tunis on 12 November 2008, “The Current Financial Crisis: Impact on Africa” (With Rebei and Mafusire)

Presentation at OECD Development Center
"Remarks on the Computation Methodology of AEO-Political Risk Indicators," an Experts Meeting for AEO in OECD Development Center, Paris on 16 December

Opening Remarks at CAFRAD Conference
"Opening Remarks," the CAFRAD Conference on Financial Crisis, 1 December 2008

Presentation at AfDB-OECD Development Center-ECA Meeting
"A Review of AEO Political Troubles Indicator," the 2009 African Economic Outlook Kick-Off Meeting, a joint project of OECD, UN ECA, and AfDB, in which the AfDB will play a leading role from the 2009 edition, on 9 September 2008
"Comments on 'Innovations in Telecommunication in Africa-Framework for Country Notes: African Economic Outlook 2008/2009'"at the the 2009 African Economic Outlook Kick-Off Meeting on 9 September 2008

Presentation at an Academic Conference, “Spillover Effects of Pension Funds on Capital Markets : The Mechanism and Preconditions,” Conference on Institutional and Social Dynamics of Growth and Distribution, Lucca December 10-12, 2008.

Service as a Session Chair
Session B2-Health and Child Care- of the Conference on Institutional and Social Dynamics of Growth and Distribution, Lucca December 10-12, 2008.

Service as a discussant in the OECD/IOPS conference on Private Pensions in Latin America, 29-30 March 2006

Presenting, “Pension Coverage: the Korean Case,” http://www.oecd.org/document/7/0,2340,en_2649_34853_36017607_1_1_1_1,00.html

Service as the Korean delegate in the August 2005 G-20 Workshop on Demographic Challenges and Migration at Sydney, Australia

Provided some Korean viewpoints into the discussions about the effect of unskilled labor immigration on the domestic labor markets, which have been reflected in the final report of the Workshop

Presentation at the BIS Autumn 2004 Economists Meeting

Titled “Structural Change in the Effects of the Exchange Rate on Output in Korea,” which has been cited in the BIS Working Paper no. 178, “Research on Exchange Rates and Monetary Policy: an Overview, June 2005.

Provided lectures to the official visitors from Developing Countries to the Bank of Korea

“The Path from Selective Credit Allocation to Capital Market Opening: Lessons from Korean Experience,” to Official Visitors from Uzbekistan, Kyrgyzstan, Turkmenistan, and Vietnam. 2002, etc

Served as a moderator for the Central Banking Seminars by the Bank of Korea:

The 12th Central Banking Seminar on "Current Global Imbalances and Challenges for Central Banks” held in the Bank of Korea with participants from central banks of 15 countries from October 13 to 14, 2004

The 10th Central Banking Seminar on "Recent cross-border capital flows: the characteristics and policy response" held in the Bank of Korea with participants from central banks of 12 countries from October 14 to 18, 2002.

Training

A course on “Exchange Rate and Capital Flows,” by the CCBS of the Bank of England, U.K., in September 2003
A course on “Advanced Studies on International Economic Policy” by the Kiel Institute, Germany, in August 2002

(E-mail) h.kim@afdb.org