Ha-Joon Chang | |
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Ha-Joon Chang at the Institute for Public Policy Research on 10 October 2011
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Born |
Seoul, South Korea |
7 October 1963
Nationality | South Korean |
Institution | University of Cambridge |
Field | Development economics |
School or tradition |
Institutional economics |
Alma mater | Seoul National University, University of Cambridge |
Influences | Robert Rowthorn |
Influenced | Rafael Correa |
Awards | Gunnar Myrdal Prize 2003, Wassily Leontief Prize 2005 |
Information at IDEAS / RePEc |
Korean name | |
Hangul | |
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Hanja | |
Revised Romanization | Jang Hajun |
McCune–Reischauer | Chang Hachun |
Korean pronunciation: [tɕaŋɦadʑun] |
Ha-Joon Chang (Hangul: 장하준; Hanja: 張夏准; born 7 October 1963) is a South Korean institutional economist specialising in development economics. Currently a reader in the Political Economy of Development at the University of Cambridge, Chang is the author of several widely discussed policy books, most notably Kicking Away the Ladder: Development Strategy in Historical Perspective (2002). In 2013 Prospect magazine ranked Chang as one of the top 20 World Thinkers.
He has served as a consultant to the World Bank, the Asian Development Bank, the European Investment Bank, as well as to Oxfam and various United Nations agencies. He is also a fellow at the Center for Economic and Policy Research in Washington, D.C. In addition, Chang serves on the advisory board of Academics Stand Against Poverty (ASAP).
Chang is also known for being an important academic influence on the economist Rafael Correa, currently President of Ecuador.
After graduating from Seoul National University Department of Economics, he studied at the University of Cambridge, earning a PhD for his thesis entitled The political economy of industrial policy – reflections on the role of state intervention in 1991. Chang's contribution to heterodox economics started while studying under Robert Rowthorn, a leading British Marxist economist, with whom he worked on the elaboration of the theory of industrial policy, which he described as a middle way between central planning and unrestrained free market. His work in this area is part of a broader approach to economics known as institutionalist political economy which places economic history and socio-political factors at the centre of the evolution of economic practices.