CHANGYONG RHEE Address Department of Economics, Seoul National University San 56-1, Shinlim-dong, Gwanak-gu Seoul, Korea 151-742 Tel (82-2) 880-6365 Fax (82-2) 886-4231 E-Mail rhee5@plaza.snu.ac.kr Homepage http://plaza.snu.ac.kr/~rhee5 Biography     Changyong Rhee is a professor in the Department of Economics at Seoul National University in Korea and is also the Advisor of the Global Financial Research Institute & Korea Fixed Income Research Institute. He is recently appointed as a non-executive director of the Korea Development Bank. Before he joined the faculty at Seoul National University in 1994, he was an assistant professor at the University of Rochester in New York, U.S.A, and a visiting scholar at the World Bank. From 2001 until recently, he was also the fund manager of Seoul National University¡¯s Endowment Fund.     His key research and teaching interests include macroeconomics, financial economics, and the Korean economy. He has published numerous papers in these fields including Quarterly Journal of Economics, Review of Economic Studies, The Journal of Asset Management, etc. In addition, he sits on the editorial boards of many academic journals in Korea, and was awarded The Maeil Economic Daily¡¯s Economist Award in 2003, an award given to the best economist of the year.     Besides his work in academia, Professor Rhee has been an active policy advisor to the government. He has been a member of the National Economic Advisory Council in the Office of the President, the Advisory committee of the ODA (Overseas Development Aids), the Financial Development Review Committee at the Ministry of Finance and Economy, the Housing Finance Operation Committee of the Korea Housing Finance Corporation, and an advisor to the Bank of Korea, Korea Securities Depository, Public and Private Infrastructure Investment management center at Korea Development Institute, etc.     He is also heavily involved in the private sector as an advisor to Shinhan Bank, Woori Investment and Securities Company, KIS bond pricing company, etc. His international consulting work has taken him to Nepal and Cambodia to advise on their public debt management and macroeconomic model building, among others. He is currently a lead international consultant in the ADB¡¯s project about establishing a regional settlement intermediary in Asia under the Asian Bond Market Initiative.     He graduated from Harvard University in 1989 with a doctorate in Economics.