Park Seung

Park Seung (born February 16, 1936) was the Governor of the Bank of Korea;[1] his four-year term ended on March 31, 2006.[2][3] He kept South Korean interest rates at historic lows but was blamed for contributing to a real-estate market that saw spiralling prices and controversial accusations of speculation.

A 1961 graduate of Seoul National University, he earned a Master's Degree and PhD in economics from the University at Albany. He is the author of five books, all published in Korean. He first served in the Bank of Korea from 1961 to 1976 and has held a number of other important posts in South Korean economics. In the 1990s he was a professor at Chung-Ang University.

References

  1. ↑ "Successful Restructuring Upgrades Korean Banks' Credit RatingsDue to the success of painstaking restructuring efforts since 1998, the soundness and earnings ability of Korean commercial banks has been improved, raising their creditworthiness at home and abroad". Korea Times. May 8, 2002. |access-date= requires |url= (help)
  2. ↑ "(2ND LD) LEE SEONG-TAE NAMED NEW GOVERNOR OF BANK OF KOREA". Yonhap. March 24, 2006. |access-date= requires |url= (help)
  3. ↑ "BANK OF KOREA MAY NEED NEW GOVERNOR - AND SOON". Wall Street Journal. February 27, 2006. |access-date= requires |url= (help)


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