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Mr. Richard C. Koo
is the Chief Economist of Nomura Research Institute, the research
arm of Nomura Securities, Tokyo. Before joining Nomura in 1984, Mr.
Koo, a US
citizen, was an economist with the Federal Reserve Bank
of New York (1981-84). Prior to that, he was a Doctoral
Fellow of the Board of Governors of the Federal Reserve System
(1979-81). In addition to conducting financial market research, he
has been appointed by several Japanese prime ministers to a number
of key committee positions to study
the future designs for the Japanese economy. He has also
spearheaded the national debate on how best to save
Japan's ailing banking system through his frequent TV and
parliamentary appearances.
In addition to
being one of the first non-Japanese to participate in the making of
Japan’s 5-year economic plan,
he is also the only non-Japanese member of the Defense Strategy
Study Conference of the Japan Defense Agency.
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Author of four books on Japanese
economy each of which sold nearly 100,000 copies, he recently
released a book titled “Balance Sheet Recession - Japan's
Struggle with Uncharted Economics and its Global Implications”
from John Wiley & Sons. He also writes regularly for many
publications which included the Los Angeles Times where he was a
Times Board of Advisors. Mr. Koo holds BAs in Political Science and
Economics from the University of California at Berkeley (1976), and
MA in Economics from the Johns Hopkins University (1979). Since
1998, Mr. Koo has been a visiting professor at Waseda University in
Tokyo.
In financial circles, Mr. Koo
was ranked 1st among over 100 economists covering Japan in the
Nikkei Financial Ranking for 1995, 1996 and 1997, and by the
Institutional Investor magazine for 1998. He was also ranked 1st by
Nikkei Newsletter on Bond and Money for 1998, 1999 and 2000. He was
awarded the Abramson Award by the National Association for Business
Economics, Washington D.C. for the year 2001. Mr. Koo, a native of
Kobe, Japan, is married with two children.
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