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Richard Koo

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Title: Richard Koo  
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Subject: Sectoral balances, Wynne Godley, Lost Decade (Japan), Recession, European debt crisis
Collection: 1954 Births, American People of Taiwanese Descent, Japanese People of Taiwanese Descent, Living People
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Richard Koo

Richard C. Koo (Japanese: リチャード・クー, IPA: ; Chinese: 辜朝明; pinyin: Gū Cháomíng; born 1954) is a Taiwanese-American economist residing in Japan specializing in balance sheet recessions. He is Chief Economist at the Nomura Research Institute.[1][2]

Saying Koo's 2011 "causes, cure, and politics" publication "has gone viral on the Web", Landon Thomas in the New York Times featured Koo's analysis in late 2011. Thomas was discussing the divergence between the way the U.S. and British governments addressed their banking crises in the 2008-9 financial crisis and the way Europe was beginning to do in late 2011.[3]

Publications

  • (2008) The Holy Grail of Macroeconomics - Lessons from Japan’s Great Recession (John Wiley & Sons)
  • (2011) "The world in balance sheet recession: causes, cure, and politics", real-world economics review (issue no. 58), Nomura Research Institute, Tokyo.

References

  1. ^ Desperate Measures: Three unorthodox things Obama can do to fix the economy
  2. ^ Richard Koo's Awesome Presentation On The Real Reason Why This Recession Is Completely Different
  3. ^ Thomas, Landon, Jr., "Banks Retrench in Europe While Keeping Up Appearances" (limited no-charge access), The New York Times, December 22, 2011. Retrieved 2011-12-22.

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