The proposed amendment pertains to the creation of the "Executive Secretary" with an extended term of three years. The rationale for the amendment is to create a continuity in the operation of KAEA. At the KAEA annual meeting in NYC, January 1999, it was resolved unanimously that the incoming executive committee take all the necessary steps to amend the by-laws to create the executive secretary to take effect, no later than January 2000.

The change is already reflected in the BY-LAWS OF THE KOREA-AMERICA ECONOMIC ASSOCIATION, Please go to the web page: http://econ.tamu.edu/kaea/organization/bylaws.html.

Jang-Hee Yoo, who is the dean of the Graduate School of International Studies at the Ewha Womans University, has just published a book titled "Real Success, Financial Fall: A Reassessment of the Korean Dynamism." Professor Yoo was the KAEA's president in 1986, and made significant contributions in the early years of the Association. Professor Yoo offers in the book various new policy measures that Korea needs to consider in order to strengthen its position in the growing global village. Anyone interested in purchasing a copy needs to contact the Ewha Womans University Press at 82-2-3277-3164.

Dr. Yoo would like to receive applications for their master's program in International Business from the daughters of the KAEA members who are graduating and consider working in the fields of international business. Dr. Yoo's e-mail address is: jhy@mm.ewha.ac.kr, and his direct fax number is 822-365-0942 in Seoul. Please contact Dr. Yoo directly if any one is interested.

Youn-Suk Kim (Kean Univ.) completed his two-year term of President, the Korean-American University Professors Associaitoin, 1997-1998.

Suk H. Kim (Univ. of Detroit Mercy) is the editor of Multinational Business Review. Interested parties should send their manuscript to Suk H. Kim, Editor, Multinational Business Review, University of Detroit Mercy, P.O. Box 19900, Detroit, MI 48219-0900, USA. e-mail: kimsuk@udmercy.edu. Submission fee is $20.00 for the subscriber and $40.00 for the non-subscriber.

J. Jay Choi calls for papers on Asian financial crisis. He serves as the Series Editor for the International Finance Review. The first volume, "Global Risk, Emerging Markets, and International Investment," will be published by JAI Press/Elsevier, and contains high quality original articles concerning thecauses, consequences and lessons of the recent Asian financial crisis.

Young Back Choi, "Conventions" in The Elgar Companion to Consumer Research and Economic Psychology, edited by P. Earl and S. Kemp, Edward Elgar, 1999: 134-138.

Young Back Choi, "On the Rich Getting Richer and the Poor Getting Poorer" KYKLOS, 52 (2), 1999: 239-258.

Four fellowships are available for this summer. Unfortunately, we can select only one from Korean-American scholars at this time. We may be able to increase the number next year (beginning from October 1, 1999) as we will invite about total ten fellows in that year. While we invite the members of Korea-America Economic Association to apply, we are also earnestly asking them to spread words on this fellowship program to as many American colleagues as possible.

Any interested person is encouraged to contact Dr. Choong Nam Kim at the Center (kimcn@ewc.hawaii.edu, Phone:808-944-7372) or Professor Kwang Soo Cheong at the University of Hawaii (kscheong@hawaii.edu, Phone: 808-956-7653).

1. Director of International Department or Senior Advisor
2. Head of Special Research Office, Research Department
3. Senior Economist of Institutional and Economic Research Team, Monetary Policy Department

All positions require Korean citizenship, and some age restrictions apply. The deadline for application is June 22, 1999. The contact person at the BOK is Mr. Ahn through e-mail bokdpnp@bok.or.kr, or at the address

You can also see the details on the qualifications and application procedures at their web site

The Department of Economics at Fukui Prefecture University located 2 hours North-West of Osaka is now in the process of finding a people to teach a course on Korean Business and Economy.

The person has to be able to teach not only Korean Business and Economy, but also have some experience in teaching Labor Economics (or Labor and Industrial Relations or Public Policy) and/or Statistics (or Time Series or Cost Benefit Analysis). We also prefer the person to be a Korean national with some ability to speak Japanese.

This is a tenured position (Koshi or Jo-kyouju which mean Lecturer or Associate Professor) beginning April 1, 2000. The closing date for application is July 31, 1999.

Anybody who is interested in applying should send (fax or e-mail) his/her resume along with 3 letters of recommendations to the following address:

PS: Please make all inquiries either in English or in Japanese.

Last year the number of due paying members was 72. There are explanations: last year the KAEA-KEA conference in Seoul might have attracted extra due payment.

Even so, KAEA should strive to increase due-paying membership. All those who wish to participate in KAEA sponsored functions--which are numerous and valuable, e.g., KAEA-SEA sessions, KAEA-ASSA sessions, the planned DC conference, not to mention KAEA-KEA conference in Seoul next year, etc.--must keep in mind that only due paying members will be allowed to participate formally. There are many benefits in being a due-paying member. For example, due paying members will be generously subsidized in their participation in the forthcoming DC conference on the economic relationships between two Koreas.

If you need a membership application form, you may print out the form in the pdf format from the Annual Membership Application Form in the pdf format if you need one.