Richard Koo
Taiwanese-American economist

Richard Koo

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Taiwanese-American economist
A.K.A.
Richard C. Koo
Gender:
Male
Places:
Taiwan
Is:
Economist
Work field:
Finance
Birth:
(Kōbe)
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Biography

Introduction

Richard C. Koo (Japanese: リチャード・クー, IPA: [ɽit͡ɕaːdo ku͍ː]; 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.
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.

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.
  • (2014) The Escape from Balance Sheet Recession and the QE Trap: A Hazardous Road for the World Economy (John Wiley & sons)