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Probably most of you are already aware of the fact that the revenue from membership dues accounts for less than 10%
of the total expenditure of our association. Rest of the money comes from solicited donation by the executive committee,
particularly by the President. Nonetheless, paying membership is extremely important not only to the individual members
but also to the association. Obviously membership privilege can be extended only to the members who paid the current
year's due. Also, the honorable standing in the ASSA (Allied Social Science Associations) crucially depends on the number
of due-paying memberships, and our association is probably one of the smallest association if not the smallest.
In this sprit, we created a category of lifetime membership last year. With one-time payment of $200, you can forget about all your future dues. Also, this year we have decided to charge $5 for junior members. This is not to raise the revenue, but to increase the number of due-paying members and to welcome them to the association earlier in their career. Annual membership due for the regular member is $20. Please forward your check (payable to KAEA) to the Treasurer:
Prof. Young B. Choi
Department of Economics
St. John's University
8000 Utopia Parkway
Jamaica, NY 11439
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