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</style><p style="MARGIN: 0in 0in 0pt"><font size="3"><font face="Times New Roman">The Korean Studies Program and the Institute for Modern Korean Studies at the Graduate School of International Studies, Yonsei University are pleased to invite you to attend the 73rd Yonsei-KF Korean Studies Forum, which will be held on <u>Tuesday, October 2nd at 6:00 PM</u> in Room 702 of New Millennium Hall at Yonsei University. The speaker is <strong>Professor Young-Iob Chung, </strong>Department of Economics<span style="FONT-SIZE: 12pt">, Eastern Michigan University</span>. The title of his talk is <span lang="EN-US"><strong>“<u>Korea Under Siege, 1876-1945: Capital Formation and Economic Transformation.</u>’” </strong></span>The abstract of his paper <span>and a brief bio </span>can be found at the end of this email.<span> </span></font></font> </p>
<p> <br /><font face="Times New Roman" size="3">The presentation will be followed by a dinner reception. I hope you will come to enjoy the presentation, discussion, and reception. Please contact Jennifer Bresnahan at 010-5441-9204, <a onclick="return top.js.OpenExtLink(window,event,this)" href="mailto:jennifer.bresnahan@gmail.com" target="_blank">jennifer.bresnahan@gmail.com</a></font><font face="Times New Roman" size="3"> for further inquiries. </font></p>
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<p style="MARGIN: 0in 0in 0pt"><font size="3"><font face="Times New Roman"><br />Sincerely, <br /></font></font> </p>
<p style="MARGIN: 0in 0in 0pt"><font face="Times New Roman" size="3">Hyuk-Rae Kim</font></p>
<p style="MARGIN: 0in 0in 0pt"><font face="Times New Roman" size="3">Professor of Korean Studies<br />Director, Institute for Modern Korean Studies</font></p>
<p style="MARGIN: 0in 0in 0pt"><font size="3"><font face="Times New Roman">GSIS, Yonsei University </font></font></p>
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<p style="MARGIN: 0in 0in 0pt"><font face="Times New Roman"><font size="3"><u>Abstract:</u> </font></font></p>
<p><font face="Times New Roman" size="3">This presentation examines the transformation of the independent and isolated Korean economy into a dependent colonial economy during the period between 1876 and 1945, focusing on capital formation, economic development, and structural changes. During this 70-year period, Korea underwent three distinct stages of economic transformation: the traditional economy before the opening of the country to the outside world in 1876, the transitional economy between 1876 and 1904 under its own sovereignty, and the colonial economy under Japan from 1905-1945. The book studies the combination of changing circumstances, approaches, and experiences in the country, such as the propensities to work, produce, invest, save, and entrepreneurship, as well as institutional and economic reforms that took place during the three stages of development. It also investigates the level and distribution of income and consumption (standard of living), which reveal a number of significant patterns and characteristics of capital formation, economic development, and structural changes in the Korean economy.<br /></font></p>
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<p style="MARGIN: 0in 0in 0pt"><font face="Times New Roman"><u>Biography</u>:<span> </span></font><font face="Times New Roman"><font face="Times New Roman"><span style="FONT-SIZE: 12pt"><span lang="EN-US"><font face="Times"> <br /><br />Young-Iob Chung was born in Korea. After briefly attending Seoul National University, he completed a BBA degree at University of California at Los Angeles in 1952, and received MA in 1955 and Ph.D. degrees in economics from Columbia University in 1965. He taught at Moravian College in Pennsylvania (1961-1966), was associate and professor of economics at Eastern Michigan University, 1966-1998. He also served as department head (1970-1994) and is now emeritus professor of economics. Among numerous publications, the recently published books are Korea Under Siege, 1976-1945: Capital Formation and Economic Transformation in 2006, and South Korea in Fast Lane: Economic Development and Capital Formation in 2007. Both books are published by Oxford University Press.
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</span></span></span></font></span></font></font><br><br>*****************************************<BR>
Hyuk-Rae Kim, Ph.D. in Sociology<BR>
Professor, Korean Studies Program<BR>
Director, Institute for Modern Korean Studies<BR>
Graduate School of International Studies<BR>
Yonsei University<BR>
Seoul, 120-749 KOREA<BR>
Office Tel: +82-2-2123-4705 Fax: +82-2-392-3321<BR>
Institute Tel: +82-2-212304437 Fax: +82-2-362-1651 <BR>
Mobile: 010-4710-4705<BR>
E-mail : hyukrae@yonsei.ac.kr/ imks@yonsei.ac.kr<BR>
http://gsis.yonsei.ac.kr<BR>
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