PACIFIC BASIN ECONOMIC COUNCIL
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Richard Koo Richard Koo Nomura Research Institute Richard C. Koo, a US citizen, is the Chief Economist of Nomura Research Institute, the research arm of Nomura Securities, Tokyo. Before joining Nomura in 1984, he was an economist with the Federal Reserve Bank of New York (1981-84). In addition to conducting financial market research, he has been appointed by several Japanese prime ministers to a number of key committee positions to study the future designs for the Japanese economy. More recently, he has spearheaded the national debate on how best to save Japan's ailing banking system through his frequent TV appearances. Author of four books on Japanese economy each of which sold nearly 100,000 copies, he writes regularly for many publications including the Los Angeles Times where he is a Times Board of Advisors. Mr. Koo holds BAs in Political Science and Economics from the University of California at Berkeley (1976), and MA in Economics from the Johns Hopkins University (1979). He was also a Doctoral Fellow of the Board of Governors of the Federal Reserve System (1979-80). Since 1998, Mr. Koo has been a visiting professor at Waseda University in Tokyo. In financial circles, Mr. Koo was ranked 1st among over 100 economists covering Japan in the Nikkei Financial Ranking for 1995, '96 and '97, and by the Institutional Investor magazine for 1998. He was also ranked 1st by Nikkei Newsletter on Bond and Money for 1998 and '99. He is married with two children. For more information: http://www.nri.co.jp/